Annual report pursuant to Section 13 and 15(d)

Other Balance Sheet Details (Tables)

v3.6.0.2
Other Balance Sheet Details (Tables)
12 Months Ended
Dec. 31, 2016
Other Balance Sheet Details [Abstract]  
Schedule of investment categories
The following table summarizes the various investment categories at December 31, 2016 and 2015 (in thousands):
 
Cost
 
Gross unrealized
gains
 
Gross unrealized
losses
 
Estimated
fair value
December 31, 2016
 
 
 
 
 
 
 
Short-term investments
 
 
 
 
 
 
 
     Bank deposits
$
40,715

 
$
19

 
$

 
$
40,734

     Corporate bonds
11,031

 

 
(5
)
 
11,026

     Corporate equity securities
1,512

 
1,542

 

 
3,054

     Commercial paper
33,074

 
2

 
(9
)
 
33,067

     Agency bonds
7,294

 
1

 

 
7,295

     U.S. Government bonds
7,508

 

 
(1
)
 
7,507

     Municipal bonds
19,624

 

 
(11
)
 
19,613

 
$
120,758

 
$
1,564

 
$
(26
)
 
$
122,296

December 31, 2015
 
 
 
 
 
 
 
Short-term investments
 
 
 
 
 
 
 
     Bank deposits
$
43,043

 
$

 
$
(4
)
 
$
43,039

     Corporate bonds
41,238

 

 
(35
)
 
41,203

     Commercial paper
1,747

 

 

 
1,747

     Asset backed securities
10,020

 

 
(5
)
 
10,015

     Corporate equity securities
1,843

 
4,944

 

 
6,787

 
$
97,891

 
$
4,944

 
$
(44
)
 
$
102,791

Schedule of other current assets
Other current assets consist of the following (in thousands):
 
December 31,
 
2016
 
2015
Prepaid expenses
$
1,864

 
$
1,177

Other receivables
311

 
731

 
$
2,175

 
$
1,908

Schedule of property and equipment
Property and equipment is stated at cost and consists of the following (in thousands):
 
December 31,
 
2016
 
2015
Lab and office equipment
$
1,067

 
$
2,248

Leasehold improvements
1,754

 
273

Computer equipment and software
569

 
632

 
3,390

 
3,153

Less accumulated depreciation and amortization
(1,571
)
 
(2,781
)
 
$
1,819

 
$
372

Summary of goodwill and other identifiable intangible assets
Goodwill and identifiable intangible assets consist of the following (in thousands):
 
December 31,
 
2016
 
2015
Indefinite lived intangible assets
 
 
 
     IPR&D
$
12,246

 
$
12,556

     Goodwill
72,207

 
12,238

Definite lived intangible assets
 
 
 
     Complete technology
182,577

 
15,267

          Less: Accumulated amortization
(12,792
)
 
(3,762
)
     Trade name
2,642

 
2,642

          Less: Accumulated amortization
(784
)
 
(652
)
     Customer relationships
29,600

 
29,600

          Less: Accumulated amortization
(8,784
)
 
(7,304
)
Total goodwill and other identifiable intangible assets, net
$
276,912

 
$
60,585

Schedule of commercial license rights
Commercial license rights consist of the following (in thousands):
 
December 31,
 
December 31,
 
2016
 
2015
CorMatrix
$
17,696

 
$

Selexis
8,602

 
8,602

 
26,298

 
8,602

Less: accumulated amortization
(477
)
 
(48
)
     Total commercial rights, net
$
25,821

 
$
8,554

Schedule of accrued liabilities
Accrued liabilities consist of the following (in thousands):
 
December 31,
 
2016
 
2015
Compensation
$
2,603

 
$
1,711

Legal
829

 
726

Amounts owed to former licensees
899

 
915

Royalties owed to third parties
942

 
823

Other
1,124

 
1,230

 
$
6,397

 
$
5,405

Schedule of contingent liabilities
Contingent liabilities consist of the following (in millions):
 
December 31, 2014
Payments
Fair Value Adjustment
December 31, 2015
Payments
Fair Value Adjustment
December 31, 2016
Cydex
$
11.5

$
(5.8
)
$
3.8

$
9.5

(6.2
)
$
3.3

$
6.6

Metabasis
3.7

(0.9
)
1.2

4.0

(2.6
)
0.1

1.5

Total
15.2

(6.7
)
5.0

13.5

(8.8
)
3.4

8.1

Schedule of other long-term liabilities
Other long-term liabilities consist of the following (in thousands):
 
December 31,
 
2016
 
2015
Deferred rent
$
357

 
$

Deposits
43

 
268

Other
287

 
29

 
$
687

 
$
297