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Intangible Assets (Tables)
3 Months Ended
Sep. 30, 2013
Intangible Assets  
Summary of Intangible assets, net

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Intangible Assets, Net

 

(In thousands)

 

September 30,
2013

 

June 30,
2013

 

September 30,
2013

 

June 30,
2013

 

September 30,
2013

 

June 30,
2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JSP Marketing and Dist. Rights

 

$

16,062

 

$

16,062

 

$

(15,170

)

$

(14,723

)

$

892

 

$

1,339

 

Cody Labs Import License

 

582

 

582

 

(202

)

(193

)

380

 

389

 

Morphine Sulfate Oral Solution NDA

 

202

 

398

 

(57

)

(51

)

145

 

347

 

Other ANDA Product Rights (A)

 

600

 

600

 

(136

)

(128

)

464

 

472

 

 

 

$

17,446

 

$

17,642

 

$

(15,565

)

$

(15,095

)

$

1,881

 

$

2,547

 

 

 

(A)  Amounts include the product line covered by the ANDA purchased in August 2009 for $149 thousand.  This ANDA is not being amortized at this time and will not be amortized until such time as the Company begins shipping the product.

Summary of future annual amortization expense

 

 

(In thousands)
Fiscal Year Ending June 30,

 

Annual Amortization Expense

 

2014

 

$

954

 

2015

 

82

 

2016

 

82

 

2017

 

82

 

2018

 

82

 

Thereafter

 

450

 

 

 

$

1,732