| Balance Sheet Details |
4. Balance Sheet Details
Inventory consists of the following:
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|
|
|
|
|
|
|
|
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|
June 30,
2012 |
|
|
December 31,
2011 |
|
|
Work-in-process
|
|
$ |
3,634 |
|
|
$ |
3,641 |
|
|
Finished goods
|
|
|
4,903 |
|
|
|
4,441 |
|
| |
|
|
|
|
|
|
|
|
| |
|
$ |
8,537 |
|
|
$ |
8,082 |
|
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|
|
|
|
|
|
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Property and equipment consist of the following:
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|
|
|
|
|
|
|
|
|
|
| |
|
Useful Life
(in Years) |
|
June 30,
2012 |
|
|
December 31,
2011 |
|
|
Furniture and fixtures
|
|
5 |
|
$ |
305 |
|
|
$ |
305 |
|
|
Machinery and equipment
|
|
3 - 5 |
|
|
7,133 |
|
|
|
6,875 |
|
|
Masks and production equipment
|
|
2 |
|
|
3,556 |
|
|
|
3,249 |
|
|
Software
|
|
3 |
|
|
681 |
|
|
|
558 |
|
|
Leasehold improvements
|
|
4 - 5 |
|
|
543 |
|
|
|
489 |
|
|
Construction in progress
|
|
N/A |
|
|
323 |
|
|
|
6 |
|
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
12,541 |
|
|
|
11,482 |
|
|
Less accumulated depreciation and amortization
|
|
|
|
|
(7,110 |
) |
|
|
(5,988 |
) |
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
$ |
5,431 |
|
|
$ |
5,494 |
|
| |
|
|
|
|
|
|
|
|
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Intangible assets
consist of the following:
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|
|
|
|
|
|
|
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Weighted
Average
Amortization
Period
(in Years) |
|
|
June 30,
2012 |
|
|
December 31,
2011 |
|
|
Licensed technology
|
|
|
3 |
|
|
$ |
1,865 |
|
|
$ |
1,865 |
|
|
Less accumulated amortization
|
|
|
|
|
|
|
(1,217 |
) |
|
|
(844 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
$ |
648 |
|
|
$ |
1,021 |
|
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|
|
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The following table presents future amortization of the Company’s intangible assets at June 30, 2012:
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Amortization |
|
|
2012
|
|
$ |
373 |
|
|
2013
|
|
|
275 |
|
| |
|
|
|
|
|
Total
|
|
$ |
648 |
|
| |
|
|
|
|
Deferred revenue and deferred profit consist of the following:
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|
|
|
|
|
|
|
|
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|
June 30,
2012 |
|
|
December 31,
2011 |
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|
Deferred revenue—rebates
|
|
$ |
32 |
|
|
$ |
190 |
|
|
Deferred revenue—distributor transactions
|
|
|
3,605 |
|
|
|
5,606 |
|
|
Deferred cost of net revenue—distributor transactions
|
|
|
(1,412 |
) |
|
|
(1,767 |
) |
| |
|
|
|
|
|
|
|
|
| |
|
$ |
2,225 |
|
|
$ |
4,029 |
|
| |
|
|
|
|
|
|
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|
Accrued expenses consist of the following:
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|
|
|
|
|
|
|
|
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|
June 30,
2012 |
|
|
December 31,
2011 |
|
|
Accrued technology license payments
|
|
$ |
3,173 |
|
|
$ |
2,794 |
|
|
Accrued professional fees
|
|
|
506 |
|
|
|
203 |
|
|
Accrued price protection liability
|
|
|
6,702 |
|
|
|
2,856 |
|
|
Accrued export compliance costs
(1)
|
|
|
894 |
|
|
|
750 |
|
|
Other
|
|
|
975 |
|
|
|
800 |
|
| |
|
|
|
|
|
|
|
|
| |
|
$ |
12,250 |
|
|
$ |
7,403 |
|
| |
|
|
|
|
|
|
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|
(1)
|
Accrued export
compliance costs include a total of $875 of estimated fines and penalties related to a previously disclosed export compliance matter, of which $750 was recorded in 2011 and an additional $125 recorded in the three and six months ended June 30,
2012.
|
Other long-term
liabilities consist of the following:
| |
|
|
|
|
|
|
|
|
| |
|
June 30,
2012 |
|
|
December 31,
2011 |
|
|
Accrued technology license payments
|
|
$ |
— |
|
|
$ |
371 |
|
|
Deferred rent
|
|
|
244 |
|
|
|
248 |
|
|
Other
|
|
|
432 |
|
|
|
236 |
|
| |
|
|
|
|
|
|
|
|
| |
|
$ |
676 |
|
|
$ |
855 |
|
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