BALANCE SHEET COMPONENTS

Inventories

Inventories consisted of the following (in thousands):



	June 30,
	2014		2013
Finished goods	$	45,881	$	15,618
Raw materials	468		262
	$	46,349	$	15,880

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consisted of the following (in thousands):



	June 30,
	2014		2013
Vendor deposits	$	8,043	$	—
Non-trade receivables	292		2,203
Other current assets	4,932		948
	$	13,267	$	3,151

Property and Equipment, Net

Property and equipment, net consisted of the following (in thousands):



	June 30,
	2014			2013
Testing equipment	$	3,785		$	3,309
Computer and other equipment	1,019			841
Tooling equipment	2,898			1,737
Furniture and fixtures	973			652
Leasehold improvements	3,173			1,858
Software	521			245
	12,369			8,642
Less: Accumulated depreciation and amortization	(5,109		)	(2,666		)
	$	7,260		$	5,976

Depreciation expense was $2.6 million and $1.8 million in fiscal 2014 and 2013, respectively.

Other Long-term Assets

Other long-term assets consisted of the following (in thousands):



	June 30,
	2014		2013
Intangible assets, net	$	799	$	1,029
Long-term deferred cost of revenues	—		1,185
Other long-term assets	1,113		672
	$	1,912	$	2,886

The Company's intangible assets consist primarily of legal costs associated with the application for and registration of the Company’s trademarks. The Company recorded $270,000 and $200,000 of amortization of intangible assets during fiscal 2014 and 2013, respectively. During fiscal 2014, the Company wrote off $229,000 of intangible assets. The balance of accumulated amortization was $450,000 and $200,000 at June 30, 2014 and 2013, respectively. Estimated future amortization related to trademark registration fees is $237,000, $251,000, $229,000, $68,000 and $14,000 for fiscal years 2015, 2016, 2017, 2018, and thereafter, respectively.

Other Current Liabilities

Accrued liabilities consisted of the following (in thousands):



	June 30,
	2014		2013
Accrued compensation and benefits	$	3,432	$	2,712
Accrued accounts payable	10		323
Accrual for an export compliance matter	—		1,625
Warranty accrual	2,850		2,913
Other accruals	3,538		3,577
	$	9,830	$	11,150