NOTE 3—BALANCE SHEET DETAIL


	March 31,
	2017		2016
	(In thousands)
Inventories:
Work-in-progress	$	2,112	$	1,697
Finished goods		6,803		5,011
Inventory at distributors		296		466
	$	9,211	$	7,174


	March 31,
	2017		2016
	(In thousands)
Accounts receivable, net:
Accounts receivable	$	6,453	$	7,578
Less: Allowances for sales returns, doubtful accounts and other		(104)		(100)
	$	6,349	$	7,478


	March 31,
	2017		2016
	(In thousands)
Prepaid expenses and other current assets:
Prepaid tooling and masks	$	836	$	1,224
Prepaid income taxes		43		—
Escrow deposit		1,234		—
Other receivables		216		230
Other prepaid expenses and other current assets		448		744
	$	2,777	$	2,198


	March 31,
	2017		2016
	(In thousands)
Property and equipment, net:
Computer and other equipment	$	18,585	$	18,394
Software		4,793		4,793
Land		3,900		3,900
Building and building improvements		2,256		2,256
Furniture and fixtures		111		114
Leasehold improvements		715		687
		30,360		30,144
Less: Accumulated depreciation		(22,671)		(21,491)
	$	7,689	$	8,653

Depreciation expense was $1,183,000, $1,217,000 and $1,462,000 for the years ended March 31, 2017, 2016 and 2015, respectively.


	March 31,
	2017		2016
	(In thousands)
Other assets:
Escrow deposit	$	1,750	$	2,984
Non-current deferred income taxes		22		—
Prepaid income taxes		552		—
Deposits		132		102
	$	2,456	$	3,086

The following table summarizes the components of intangible assets and related accumulated amortization balances at March 31, 2017 and 2016, respectively (in thousands):


	As of March 31, 2017
	Gross Carrying Amount		Accumulated amortization		Net Carrying Amount
Intangible assets:
Product designs	$	590	$	(590)	$	—
Patents		4,220		(918)		3,302
Software		80		(80)		—
Total	$	4,890	$	(1,588)	$	3,302


	As of March 31, 2016
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Intangible assets:
Product designs	$	590	$	(555)	$	35
Patents		4,220		(604)		3,616
Software		80		(80)		—
Total	$	4,890	$	(1,239)	$	3,651

Amortization of intangible assets of $349,000, $242,000 and $171,000 was included in cost of revenues for the years ended March 31, 2017, 2016 and 2015, respectively.

As of March 31, 2017, the estimated future amortization expense of intangible assets in the table above is as follows (in thousands):


Twelve month period ending March 31,
2018	$	313
2019		267
2020		234
2021		233
2022		233
Thereafter		2,022
Total	$	3,302


	March 31,
	2017		2016
	(In thousands)
Accrued expenses and other liabilities:
Accrued compensation	$	3,990	$	3,082
Escrow indemnity accrual		484		—
Accrued professional fees		66		83
Accrued commissions		238		284
Contingent consideration		1,117		—
Accrued retention payment		251		—
Miscellaneous accrued expenses		905		949
	$	7,051	$	4,398


	March 31,
	2017		2016
	(In thousands)
Other accrued expenses:
Contingent consideration	$	5,083	$	5,856
Escrow indemnity accrual		—		484
Other long-term accrued liabilities		335		152
	$	5,418	$	6,492