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Balance Sheet Components (Tables)
3 Months Ended
Mar. 31, 2017
Balance Sheet Related Disclosures [Abstract]  
Schedule of property and equipment, net

Property and equipment, net consist of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Leasehold improvements

 

$

96

 

 

$

86

 

Laboratory equipment and toolings

 

 

2,441

 

 

 

2,264

 

Computer equipment

 

 

299

 

 

 

287

 

Software

 

 

692

 

 

 

669

 

Office equipment

 

 

131

 

 

 

129

 

Furniture and fixtures

 

 

747

 

 

 

743

 

 

 

 

4,406

 

 

 

4,178

 

Less accumulated depreciation

 

 

(1,335

)

 

 

(1,192

)

 

 

$

3,071

 

 

$

2,986

 

 

Schedule of changes in the carrying amount of goodwill

The changes in the carrying amount of goodwill during the three months ended March 31, 2017 were as follows (in thousands):

 

Balances as of December 31, 2016

 

 

 

 

Goodwill

 

$

19,156

 

Accumulated impairment losses

 

 

(14,278

)

Goodwill, net

 

$

4,878

 

Balances as of March 31, 2017

 

 

 

 

Goodwill

 

$

19,156

 

Accumulated impairment losses

 

 

(14,278

)

Goodwill, net

 

$

4,878

 

 

Schedule of intangible assets

The components of the Company’s other intangible assets consist of the following (in thousands):

 

 

 

 

 

 

 

March 31, 2017

 

 

 

Average Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period

 

 

Gross Carrying

 

 

Accumulated

 

 

Intangible

 

 

 

(in years)

 

 

Amount

 

 

Amortization

 

 

Assets, net

 

Intangibles with definite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired FDA non-gel product approval

 

 

11

 

 

$

1,713

 

 

$

(1,701

)

 

$

12

 

Customer relationships

 

 

9.5

 

 

 

4,940

 

 

 

(855

)

 

 

4,085

 

Trade names - finite life

 

 

12

 

 

 

800

 

 

 

(72

)

 

 

728

 

Regulatory approvals

 

 

1.17

 

 

 

670

 

 

 

(239

)

 

 

431

 

Non-compete agreement

 

 

2.0

 

 

 

80

 

 

 

(27

)

 

 

53

 

Total definite-lived intangible assets

 

 

 

 

 

$

8,203

 

 

$

(2,894

)

 

$

5,309

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangibles with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names - indefinite life

 

 

 

 

450

 

 

 

 

 

 

450

 

Total indefinite-lived intangible assets

 

 

 

 

 

$

450

 

 

$

 

 

$

450

 

 

 

 

 

 

 

 

December 31, 2016

 

 

 

Average Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Period

 

 

Gross Carrying

 

 

Accumulated

 

 

Intangible

 

 

 

(in years)

 

 

Amount

 

 

Amortization

 

 

Assets, net

 

Intangibles with definite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquired FDA non-gel product approval

 

 

11

 

 

$

1,713

 

 

$

(1,696

)

 

$

17

 

Customer relationships

 

 

9.5

 

 

 

4,940

 

 

 

(602

)

 

 

4,338

 

Trade names - finite life

 

 

12

 

 

 

800

 

 

 

(56

)

 

 

744

 

Regulatory approvals

 

 

1.17

 

 

 

670

 

 

 

(96

)

 

 

574

 

Non-compete agreement

 

 

2.0

 

 

 

80

 

 

 

(17

)

 

 

63

 

Total definite-lived intangible assets

 

 

 

 

 

$

8,203

 

 

$

(2,467

)

 

$

5,736

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangibles with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade names - indefinite life

 

 

 

 

450

 

 

 

 

 

 

450

 

Total indefinite-lived intangible assets

 

 

 

 

 

$

450

 

 

$

 

 

$

450

 

 

Schedule of estimated amortization expense

The following table summarizes the estimated amortization expense relating to the Company's intangible assets as of March 31, 2017 (in thousands):

 

 

 

Amortization

 

Period

 

Expense

 

Remainder of 2017

 

$

1,281

 

2018

 

 

1,090

 

2019

 

 

794

 

2020

 

 

582

 

2021

 

 

435

 

 

 

$

4,182

 

 

Schedule of accrued and other current liabilities

Accrued and other current liabilities consist of the following (in thousands):

 

 

 

March 31,

 

 

December 31,

 

 

 

2017

 

 

2016

 

Accrued clinical trial and research and development expenses

 

$

159

 

 

$

119

 

Audit, consulting and legal fees

 

 

2,073

 

 

 

803

 

Payroll and related expenses

 

 

2,390

 

 

 

2,592

 

Accrued commission

 

 

2,049

 

 

 

1,222

 

Warrant liability

 

 

178

 

 

 

99

 

Other

 

 

1,513

 

 

 

1,672

 

 

 

$

8,362

 

 

$

6,507