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Balance Sheet Detail
6 Months Ended
Jun. 30, 2015
Balance Sheet Detail  
Balance Sheet Detail

 

Note 3. Balance Sheet Detail

 

 

 

June 30,
2015

 

December 31,
2014

 

 

 

(in thousands)

 

Inventories:

 

 

 

 

 

Work-in-process

 

$

1,159 

 

$

651 

 

Finished goods

 

101 

 

230 

 

 

 

 

 

 

 

 

 

$

1,260 

 

$

881 

 

 

 

 

 

 

 

 

 

 

Identifiable intangible assets relating to business combinations and a patent license were (dollar amounts in thousands):

 

 

 

June 30, 2015

 

 

 

Life
(years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Developed technology

 

3-5

 

$

9,240 

 

$

9,240 

 

$

 

Patent license

 

7

 

780 

 

390 

 

390 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

10,020 

 

$

9,630 

 

$

390 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2014

 

 

 

Life
(years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Developed technology

 

3-5

 

$

9,240 

 

$

9,031 

 

$

209 

 

Patent license

 

7

 

780 

 

334 

 

446 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

$

10,020 

 

$

9,365 

 

$

655 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible assets acquired in business combinations, referred to as purchased intangible assets, are accounted for based on the fair value of assets purchased and are amortized over the period in which economic benefit is estimated to be received. The net carrying value of identifiable assets has been included in the other assets line item in the condensed consolidated balance sheets. Amortization expense has been included in research and development expense in the condensed consolidated statements of operations and comprehensive loss. The estimated aggregate amortization expense to be recognized in future years is less than $0.1 million for the remainder of 2015 and $0.1 million annually for 2016 through 2018.