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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

Goodwill and intangible assets as of December 31, 2016 and 2015 consisted of the following:

 

 

 

December 31, 2016

 

(in thousands)

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Nano-carrier technology intangible asset

 

$

3,200

 

 

$

(2,315

)

 

$

885

 

ONIVYDE intangible asset

 

 

3,400

 

 

 

(308

)

 

 

3,092

 

Goodwill

 

 

3,605

 

 

 

 

 

 

3,605

 

Totals

 

$

10,205

 

 

$

(2,623

)

 

$

7,582

 

 

 

 

December 31, 2015

 

(in thousands)

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Nano-carrier technology intangible asset

 

$

3,200

 

 

$

(1,995

)

 

$

1,205

 

ONIVYDE intangible asset

 

 

3,400

 

 

 

(50

)

 

 

3,350

 

IPR&D

 

 

2,800

 

 

 

 

 

 

2,800

 

Goodwill

 

 

3,605

 

 

 

 

 

 

3,605

 

Totals

 

$

13,005

 

 

$

(2,045

)

 

$

10,960

 

 

Schedule of Expected Future Amortization Expense for Intangible Assets for the Next Five-Year Period

Future amortization expense for the next five-year period is expected to be as follows:

 

Years Ended December 31,

 

(in thousands)

 

2017

 

$

578

 

2018

 

 

578

 

2019

 

 

503

 

2020

 

 

258

 

2021

 

 

258