Consolidated Balance Sheet Details

6 Months Ended

Jun. 30, 2011

Consolidated Balance Sheet Details

Consolidated Balance Sheet Details

4. Consolidated Balance Sheet Details

Inventory (in thousands)

Deferred costs represent the costs of product shipped for which recognition of revenue have been deferred.

	June  30, 2011		December 31,
			2010		2009
Raw materials	$	5,971	$	5,727	$	3,323
Work in process		9,299		6,454		6,871
Finished goods		3,039		4,861		2,966
Deferred costs		247		1,251		0
	$	18,556	$	18,293	$	13,160

Prepaid Expenses and Other Current Assets (in thousands)

	June  30, 2011		December 31,
			2010		2009
Value added tax receivable	$	735	$	698	$	276
Prepaid insurance		271		555		48
Prepaid clinical costs		151		255		454
Receivable from collaboration partner for shared expenses		0		0		1,267
Other prepaid and current assets		1,198		743		743
	$	2,355	$	2,251	$	2,788

Property and Equipment, Net (in thousands)

	June  30, 2011			December 31,
				2010			2009
Machinery, equipment and tooling	$	11,880		$	9,919		$	9,696
Construction in progress		5,121			6,735			4,064
Computer equipment and software		1,070			1,051			840
Furniture and fixtures		557			557			433
Leasehold improvements		780			780			138
Property and equipment, at cost		19,408			19,042			15,171
Less accumulated depreciation		(4,399	)		(3,608	)		(2,180	)
	$	15,009		$	15,434		$	12,991

Depreciation expense for the six month ended June 30, 2011 and 2010 was $791,000 and $676,000, respectively and for the years ended December 31, 2010, 2009 and 2008, depreciation expense was $1,428,000, $1,017,000, and $755,000, respectively.

Accrued Expenses (in thousands)

	June  30, 2011		December 31,
			2010		2009
Accrued clinical expense	$	4,220	$	3,629	$	386
Accrued service fee		1,275		1,190		0
Value added tax payable		0		989		0
Accrued discounts and allowances		829		813		0
Accrued interest expense		253		265		521
Contract manufacturing fees		169		79		429
Other accrued expenses		2,084		2,474		1,155
	$	8,830	$	9,439	$	2,491