XML 26 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Intangible Assets and Goodwill
12 Months Ended
Dec. 31, 2017
Intangible Assets and Goodwill [Abstract]  
Intangible Assets and Goodwill

5. INTANGIBLE ASSETS AND GOODWILL

The following table provides a summary of the Company’s intangible assets at December 31:







 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

2017

 

2016



Estimated

 

 

 

 

Accumulated

 

 

 

 

Accumulated



Useful Life

 

Cost

 

Amortization

 

Cost

 

Amortization

Fusion technology

10 years

 

$

9,242 

 

$

3,697 

 

$

9,242 

 

$

2,773 

Clamp & probe technology

3 years

 

 

829 

 

 

829 

 

 

829 

 

 

829 

SUBTLE access technology

5 years

 

 

2,179 

 

 

981 

 

 

2,179 

 

 

538 

IPR&D

 

 

 

44,021 

 

 

 —

 

 

44,021 

 

 

 —

Total

 

 

$

56,271 

 

$

5,507 

 

$

56,271 

 

$

4,140 



Amortization expense related to intangible assets with definite lives, which excludes the IPR&D asset, was $1,367,  $1,644 and $1,303 for the years ended December 31, 2017, 2016 and 2015.

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







 

 

 



 

 

 

2018

 

$

1,367 

2019

 

 

1,367 

2020

 

 

1,235 

2021

 

 

924 

2022

 

 

925 

2023 and thereafter

 

 

925 

Total

 

$

6,743 



The following table provides a summary of the Company’s goodwill, which is not amortized, but rather tested annually for impairment:







 

 

 



 

 

 

Net carrying amount as of December 31, 2015

 

$

105,257 

Additions (Impairments)

 

 

 —

Net carrying amount as of December 31, 2016

 

 

105,257 

Additions (Impairments)

 

 

 —

Net carrying amount as of December 31, 2017

 

$

105,257