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Intangible Assets
6 Months Ended
Jun. 30, 2011
Intangible Assets  
Intangible Assets

Note 6—INTANGIBLE ASSETS

Intangible assets are summarized as follows (in thousands):

 

     June 30,
2011
  December 31,
2010
  Estimated Useful Life

Core Technology

          

Gross amount

     $ 2,900       $ 2,900     9 years

Accumulated amortization

       (1,369 )       (1,208 )  
    

 

 

     

 

 

     

Net

       1,531         1,692    
    

 

 

     

 

 

     

Developed Technology

          

Gross amount

       11,700         11,700     7 years

Accumulated amortization

       (7,104 )       (6,268 )  
    

 

 

     

 

 

     

Net

       4,596         5,432    
    

 

 

     

 

 

     

Trademarks and trade names

          

Gross amount

       500         500     7 years

Accumulated amortization

       (290 )       (253 )  
    

 

 

     

 

 

     

Net

       210         247    
    

 

 

     

 

 

     

DepoDur Rights

          

Gross amount

       2,058         2,058     Remaining patent life

Accumulated amortization

       (615 )       (517 )   ending November 2018
    

 

 

     

 

 

     

Net

       1,443         1,541    
    

 

 

     

 

 

     

Intangible assets, net

     $ 7,780       $ 8,912    
    

 

 

     

 

 

     

 

Amortization expense for intangibles was $0.6 million for each of the three months ended June 30, 2011 and 2010, respectively. Amortization expense for intangibles was $1.1 million for each of the six months ended June 30, 2011 and 2010. Amortization expenses associated with the Company's commercial products and developed technology are included in cost of revenues. Amortization expenses associated with the Company's products in development are included in research and development expenses.

The approximate amortization expense for intangibles subject to amortization is as follows (in thousands):

 

     Core
Technology
   Developed
Technology
   Trademarks
and
Tradenames
   DepoDur
Rights
   Total

2011 (remaining six months)

     $ 162        $ 835        $ 38        $ 98        $ 1,133  

2012

       322          1,671          76          196          2,265  

2013

       322          1,671          76          196          2,265  

2014

       322          419          20          196          957  

2015

       322          —            —            196          518  

Thereafter

       81          —            —            561          642  
    

 

 

      

 

 

      

 

 

      

 

 

      

 

 

 

Total

     $ 1,531        $ 4,596        $ 210        $ 1,443        $ 7,780