ACCRUED CONTINGENT CONSIDERATION

6 Months Ended

Jun. 30, 2012

Accrued Contingent Consideration [Abstract]

ACCRUED CONTINGENT CONSIDERATION

4.           ACCRUED CONTINGENT CONSIDERATION

In conjunction with our acquisition of Voxel Holdings, Inc. (“Voxel”) in December 2011, we recorded a liability for accrued contingent consideration of $5.0 million, at its fair value of $4.6 million, to be paid if we receive certain technology deliverables. At December 31, 2011, the liability was included as a long-term liability, as the expected delivery date was on or before December 30, 2013.  

During the three months ended June 30, 2012, the expected delivery date was revised to on or before February 28, 2013.  At June 30, 2012, the fair value of the liability was calculated at $4.9 million, resulting in an adjustment to the liability of $0.3 million, which is included as a non-operating expense in “Other, net” on the accompanying statements of operations and comprehensive loss.