Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Details (Tables)

v2.4.0.8
Balance Sheet Details (Tables)
6 Months Ended
Jun. 30, 2014
Balance Sheet Related Disclosures [Abstract]  
Cash , cash equivalents and investments
 
June 30,
2014
 
December 31,
2013
Cash and cash equivalents
$
31,248

 
$
26,450

Short-term investments
43,875

 
35,494

Long-term investments
16,385

 
24,410

 
$
91,508

 
$
86,354

Inventory
Inventory consists of the following:
 
June 30,
2014
 
December 31,
2013
Work-in-process
$
3,540

 
$
4,384

Finished goods
6,223

 
5,648

 
$
9,763

 
$
10,032

Property and Equipment
Property and equipment consist of the following:
 
Useful Life
(in Years)
 
June 30,
2014
 
December 31,
2013
Furniture and fixtures
5
 
$
723

 
$
346

Machinery and equipment
3 -5
 
11,912

 
9,488

Masks and production equipment
2
 
6,920

 
4,764

Software
3
 
791

 
743

Leasehold improvements
4 -5
 
2,333

 
924

Construction in progress
N/A
 
59

 
82

 
 
 
22,738

 
16,347

Less accumulated depreciation and amortization
 
 
(12,880
)
 
(10,836
)
 
 
 
$
9,858

 
$
5,511

Intangible Assets
Intangible assets consist of the following:
 
Weighted
Average
Amortization
Period
(in Years)
 
June 30,
2014
 
December 31,
2013
Licensed technology
3
 
$
2,821

 
$
2,821

Less accumulated amortization
 
 
(2,231
)
 
(2,072
)
 
 
 
$
590

 
$
749

Amortization of Company's Intangible Assets
The following table presents future amortization of the Company’s intangible assets at June 30, 2014:
 
Amortization
2014
$
160

2015
319

2016
111

Total
$
590

Deferred Revenue and Deferred Profit
Deferred revenue and deferred profit consist of the following:
 
June 30,
2014
 
December 31,
2013
Deferred revenue—rebates
$
8

 
$
110

Deferred revenue—distributor transactions
4,020

 
3,922

Deferred cost of net revenue—distributor transactions
(1,399
)
 
(1,381
)
 
$
2,629

 
$
2,651

Price Protection Liability
Accrued price protection liability consists of the following activity:
 
Six Months Ended
June 30,
 
2014
 
2013
Beginning balance
$
15,017

 
$
7,880

Charged as a reduction of revenue
14,115

 
9,922

Reversal of unclaimed rebates
(379
)
 

Payments
(13,241
)
 
(7,125
)
Ending balance
$
15,512

 
$
10,677

Accrued Expenses
Accrued expenses and other current liabilities consist of the following:
 
June 30,
2014
 
December 31,
2013
Accrued technology license payments
$
3,000

 
$
3,000

Accrued professional fees
721

 
390

Accrued litigation costs
668

 

Other
1,526

 
895

 
$
5,915

 
$
4,285