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Balance Sheet Detail
3 Months Ended
Mar. 31, 2016
Balance Sheet Detail  
Balance Sheet Detail

 

Note 3. Balance Sheet Detail

 

 

 

March 31,
2016

 

December 31,
2015

 

 

 

(in thousands)

 

Inventories:

 

 

 

 

 

Work-in-process

 

$

1,378 

 

$

1,478 

 

Finished goods

 

90 

 

119 

 

 

 

 

 

 

 

 

 

$

1,468 

 

$

1,597 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

March 31, 2016

 

 

 

Life
(years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Patent license

 

 

$

780 

 

$

474 

 

$

306 

 

 

 

 

December 31, 2015

 

 

 

Life
(years)

 

Gross
Carrying
Amount

 

Accumulated
Amortization

 

Net
Carrying
Value

 

Patent license

 

 

$

780 

 

$

446 

 

$

334 

 

 

The net carrying value of the patent license 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 2016 and $0.1 million annually for 2017 and 2018.