XML 22 R11.htm IDEA: XBRL DOCUMENT v3.6.0.2
Selected Balance Sheet Detail
12 Months Ended
Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Selected Balance Sheet Detail

4. Selected Balance Sheet Detail

 

Inventories, net

 

Inventories consisted of the following at December 31, 2016 and 2015 (in thousands):

 

    2016     2015  
             
Raw materials   $ 477     $ 575  
Work in process     5,032       5,028  
Finished goods     3,284       3,156  
      8,793       8,759  
Allowance for excess and obsolescence     (5,377 )     (550 )
Inventories, net   $ 3,416     $ 8,209  

  

During the year-ended December 31, 2016, the Company recorded a charge of $4.7 million for excess inventory determined by management based on projected sales volumes in 2017.

 

Property and equipment, net of accumulated depreciation and amortization

 

Property and equipment consisted of the following at December 31, 2016 and 2015 (in thousands):

 

    2016     2015  
Laboratory equipment   $ 2,300     $ 3,369  
Computer hardware and software     1,220       1,960  
Leasehold improvements     288       508  
Furniture, fixtures and equipment     45       135  
      3,853       5,972  
Accumulated depreciation and amortization     (2,364 )     (4,540 )
Property and equipment, net   $ 1,489     $ 1,432  

 

Fully depreciated assets no longer in use were written off in the fourth quarter of 2016 along with the accumulated depreciation and amounted to $2.6 million.