|
Balance Sheet Details (Tables)
|
6 Months Ended |
|
Jun. 30, 2013
|
| Supplemental Balance Sheet Disclosures [Abstract] |
|
| Cash , cash equivalents and investments [Table Text Block] |
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|
|
|
|
|
|
|
|
|
June 30,
2013 |
|
December 31,
2012 |
Cash and cash equivalents |
$ |
24,718 |
|
|
$ |
21,810 |
|
Short-term investments |
37,084 |
|
|
50,265 |
|
Long-term investments |
19,453 |
|
|
5,181 |
|
|
$ |
81,255 |
|
|
$ |
77,256 |
|
|
| Inventory |
Inventory consists of the following:
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|
|
|
|
|
|
|
|
|
June 30,
2013 |
|
December 31,
2012 |
Work-in-process |
$ |
3,336 |
|
|
$ |
3,233 |
|
Finished goods |
6,019 |
|
|
6,658 |
|
|
$ |
9,355 |
|
|
$ |
9,891 |
|
|
| Property and Equipment |
Property and equipment consist of the following:
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|
|
|
|
|
|
|
|
|
|
|
Useful Life
(in Years)
|
|
June 30,
2013 |
|
December 31,
2012 |
Furniture and fixtures |
5 |
|
$ |
367 |
|
|
$ |
355 |
|
Machinery and equipment |
3 -5 |
|
8,897 |
|
|
8,331 |
|
Masks and production equipment (1)
|
2 |
|
4,755 |
|
|
4,894 |
|
Software |
3 |
|
704 |
|
|
736 |
|
Leasehold improvements |
4 -5 |
|
850 |
|
|
829 |
|
Construction in progress |
N/A |
|
— |
|
|
20 |
|
|
|
|
15,573 |
|
|
15,165 |
|
Less accumulated depreciation and amortization |
|
|
(9,424 |
) |
|
(8,299 |
) |
|
|
|
$ |
6,149 |
|
|
$ |
6,866 |
|
(1) In the three months ended June 30, 2013, the Company recorded an impairment charge of $1.1 million, reflected in cost of net revenue, related to the remaining net book value of production masks that were previously capitalized, but for which future use is no longer expected.
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| Intangible Assets |
Intangible assets consist of the following:
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|
|
|
|
|
|
|
|
|
|
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Weighted
Average
Amortization
Period
(in Years)
|
|
June 30,
2013 |
|
December 31,
2012 |
Licensed technology |
3 |
|
$ |
2,821 |
|
|
$ |
1,865 |
|
Less accumulated amortization |
|
|
(1,863 |
) |
|
(1,590 |
) |
|
|
|
$ |
958 |
|
|
$ |
275 |
|
|
| Amortization of Company's Intangible Assets |
The following table presents future amortization of the Company’s intangible assets at June 30, 2013:
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|
|
|
|
|
Amortization |
2013 |
$ |
208 |
|
2014 |
319 |
|
2015 |
319 |
|
2016 |
112 |
|
Total |
$ |
958 |
|
|
| Deferred Revenue and Deferred Profit |
Deferred revenue and deferred profit consist of the following:
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|
|
|
|
|
|
|
|
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June 30,
2013 |
|
December 31,
2012 |
Deferred revenue—rebates |
$ |
44 |
|
|
$ |
23 |
|
Deferred revenue—distributor transactions |
3,986 |
|
|
3,735 |
|
Deferred cost of net revenue—distributor transactions |
(1,434 |
) |
|
(1,469 |
) |
|
$ |
2,596 |
|
|
$ |
2,289 |
|
|
| Price Protection Liability [Table Text Block] |
Accrued price protection liability consists of the following activity:
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Six Months Ended
June 30, |
|
2013 |
|
2012 |
Beginning balance |
$ |
7,880 |
|
|
$ |
2,840 |
|
Charged as a reduction of revenue |
9,922 |
|
|
5,692 |
|
Payments |
(7,125 |
) |
|
(1,830 |
) |
Ending Balance |
$ |
10,677 |
|
|
$ |
6,702 |
|
|
| Accrued Expenses |
Accrued expenses and other current liabilities consist of the following:
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|
|
|
|
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June 30,
2013 |
|
December 31,
2012 |
Accrued technology license payments |
$ |
3,000 |
|
|
$ |
2,996 |
|
Accrued professional fees |
453 |
|
|
386 |
|
Accrued litigation costs |
379 |
|
|
586 |
|
Other |
1,025 |
|
|
1,055 |
|
|
$ |
4,857 |
|
|
$ |
5,023 |
|
|