BALANCE SHEET COMPONENTS

Inventories

Inventories consisted of the following (in thousands):



	December 31, 2013		June 30, 2013
Finished goods	$	32,136	$	15,618
Raw materials	187		262
	$	32,323	$	15,880

Prepaid Expenses and Other Current Assets

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



	December 31, 2013		June 30, 2013
Non-trade receivables	$	1,546	$	2,203
Other current assets	2,879		948
	$	4,425	$	3,151

Property and Equipment, Net

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



	December 31, 2013			June 30, 2013
Testing equipment	$	3,642		$	3,309
Computer and other equipment	946			841
Tooling equipment	2,633			1,737
Furniture and fixtures	727			652
Leasehold improvements	2,421			1,858
Software	245			245
	10,614			8,642
Less: Accumulated depreciation and amortization	(3,821		)	(2,666		)
	$	6,793		$	5,976

Other Long-term Assets

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



	December 31, 2013		June 30, 2013
Intangible assets, net	$	958	$	1,029
Long-term deferred cost of revenues	1,431		1,185
Other long-term assets	716		672
	$	3,105	$	2,886

The Company's intangible assets consist primarily of legal costs associated with the application for and registration of the Company’s patents and trademarks. The Company recorded $25,000 and $175,000 of amortization of intangible assets during the three and six months ended December 31, 2013, respectively. The Company did not record any amortization of intangible assets during the three and six months ended December 31, 2012. The balance of accumulated amortization was $375,000 and $200,000 at December 31, 2013 and June 30, 2013, respectively. Estimated future amortization related to trademark registration fees is $56,000, $237,000, $237,000, $216,000, $54,000 and $3,000 for the remainder of fiscal 2014 and fiscal years 2015, 2016, 2017, 2018, and thereafter, respectively. The Company commences amortization of patent registration fees upon approval of the related patent, the timing of which is determined by the regulating authority and is outside the control of the Company. Therefore, future amortization expense related to patent registration fees by year cannot be reasonably estimated; however, upon approval of each patent, the Company expects to amortize the related capitalized fees over the estimated useful life of the patent.

Other Current Liabilities

Accrued liabilities consisted of the following (in thousands):



	December 31, 2013		June 30, 2013
Accrued compensation and benefits	$	3,258	$	2,712
Accrued accounts payable	479		323
Accrual for an export compliance matter	1,625		1,625
Warranty accrual	3,575		2,913
Other accruals	4,016		3,577
	$	12,953	$	11,150