|
Balance Sheet Details (Tables)
|
9 Months Ended |
|
Sep. 30, 2014
|
| Balance Sheet Related Disclosures [Abstract] |
|
| Cash, Cash Equivalents and Investments(Table) |
Cash and cash equivalents and investments consist of the following:
|
|
|
|
|
|
|
|
|
|
September 30,
2014 |
|
December 31,
2013 |
Cash and cash equivalents |
$ |
34,055 |
|
|
$ |
26,450 |
|
Short-term investments |
47,740 |
|
|
35,494 |
|
Long-term investments |
12,122 |
|
|
24,410 |
|
|
$ |
93,917 |
|
|
$ |
86,354 |
|
|
| Inventory(Table) |
Inventory consists of the following:
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|
|
|
|
|
|
|
|
|
September 30,
2014 |
|
December 31,
2013 |
Work-in-process |
$ |
3,424 |
|
|
$ |
4,384 |
|
Finished goods |
6,152 |
|
|
5,648 |
|
|
$ |
9,576 |
|
|
$ |
10,032 |
|
|
| Property and Equipment(Table) |
Property and equipment consist of the following:
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|
|
|
|
|
|
|
|
|
|
|
Useful Life
(in Years)
|
|
September 30,
2014 |
|
December 31,
2013 |
Furniture and fixtures |
5 |
|
$ |
714 |
|
|
$ |
346 |
|
Machinery and equipment |
3 -5 |
|
12,520 |
|
|
9,488 |
|
Masks and production equipment |
2 |
|
7,441 |
|
|
4,764 |
|
Software |
3 |
|
798 |
|
|
743 |
|
Leasehold improvements |
4 -5 |
|
2,416 |
|
|
924 |
|
Construction in progress |
N/A |
|
131 |
|
|
82 |
|
|
|
|
24,020 |
|
|
16,347 |
|
Less accumulated depreciation and amortization |
|
|
(13,895 |
) |
|
(10,836 |
) |
|
|
|
$ |
10,125 |
|
|
$ |
5,511 |
|
|
| Intangible Assets(Table) |
Intangible assets consist of the following:
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|
|
|
|
|
|
|
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|
|
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Weighted
Average
Amortization
Period
(in Years)
|
|
September 30,
2014 |
|
December 31,
2013 |
Licensed technology |
3 |
|
$ |
2,821 |
|
|
$ |
2,821 |
|
Less accumulated amortization |
|
|
(2,310 |
) |
|
(2,072 |
) |
|
|
|
$ |
511 |
|
|
$ |
749 |
|
|
| Amortization of Company's Intangible Assets(Table) |
The following table presents future amortization of the Company’s intangible assets at September 30, 2014:
|
|
|
|
|
|
Amortization |
2014 |
$ |
81 |
|
2015 |
319 |
|
2016 |
111 |
|
Total |
$ |
511 |
|
|
| Deferred Revenue and Deferred Profit(Table) |
Deferred revenue and deferred profit consist of the following:
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|
|
|
|
|
|
|
|
|
September 30,
2014 |
|
December 31,
2013 |
Deferred revenue—rebates |
$ |
10 |
|
|
$ |
110 |
|
Deferred revenue—distributor transactions |
7,428 |
|
|
3,922 |
|
Deferred cost of net revenue—distributor transactions |
(2,553 |
) |
|
(1,381 |
) |
|
$ |
4,885 |
|
|
$ |
2,651 |
|
|
| Price Protection Liability(Table) |
Accrued price protection liability consists of the following activity:
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|
Nine Months Ended
September 30, |
|
2014 |
|
2013 |
Beginning balance |
$ |
15,017 |
|
|
$ |
7,880 |
|
Charged as a reduction of revenue |
17,895 |
|
|
15,920 |
|
Reversal of unclaimed rebates |
(390 |
) |
|
(27 |
) |
Payments |
(16,037 |
) |
|
(11,276 |
) |
Ending balance |
$ |
16,485 |
|
|
$ |
12,497 |
|
|
| Accrued Expenses(Table) |
Accrued expenses and other current liabilities consist of the following:
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|
|
|
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|
|
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|
September 30,
2014 |
|
December 31,
2013 |
Accrued technology license payments |
$ |
3,000 |
|
|
$ |
3,000 |
|
Accrued professional fees |
564 |
|
|
390 |
|
Accrued litigation costs |
306 |
|
|
— |
|
Other |
1,615 |
|
|
895 |
|
|
$ |
5,485 |
|
|
$ |
4,285 |
|
|