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Intangible Assets
6 Months Ended
Jun. 30, 2017
Intangible Assets [Abstract]  
Intangible Assets

4. INTANGIBLE ASSETS

The following table provides a summary of the Company’s intangible assets:







 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

June 30,

 

December 31,



 

2017

 

2016



 

Cost 

 

Accumulated

Amortization

 

Cost

 

Accumulated

Amortization

Fusion technology

 

$

9,242 

 

$

3,235 

 

$

9,242 

 

$

2,773 

Clamp & probe technology

 

 

829 

 

 

829 

 

 

829 

 

 

829 

SUBTLE access technology

 

 

2,179 

 

 

760 

 

 

2,179 

 

 

538 

IPR&D

 

 

44,021 

 

 

 —

 

 

44,021 

 

 

 —

Total

 

$

56,271 

 

$

4,824 

 

$

56,271 

 

$

4,140 

Amortization expense related to intangible assets with definite lives, which excludes the IPR&D asset, was $342 and $411 for the three months ended June 30, 2017 and 2016, and $684 and $822 for the six months ended June 30, 2017 and 2016.

Future amortization expense related to intangible assets with definite lives is projected as follows:







 

 

 

 

 



 

 

 

 

 

2017

 

$

683 

 

July 1, 2017 through December 31, 2017

2018

 

 

1,367 

 

 

2019

 

 

1,367 

 

 

2020

 

 

1,235 

 

 

2021

 

 

924 

 

 

2022 and thereafter

 

 

1,850 

 

 

Total

 

$

7,426