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Intangible Assets (Tables)
12 Months Ended
Jun. 30, 2014
Intangible Assets  
Summary of intangible assets, net

 

 

 

 

Gross Carrying Amount

 

Accumulated Amortization

 

Intangible Assets, Net

 

(In thousands)

 

June 30,
2014

 

June 30,
2013

 

June 30,
2014

 

June 30,
2013

 

June 30,
2014

 

June 30,
2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

JSP Marketing and Distribution Rights

 

$

16,062

 

$

16,062

 

$

(16,062

)

$

(14,723

)

$

 

$

1,339

 

Cody Labs Import License

 

582

 

582

 

(232

)

(193

)

350

 

389

 

Morphine Sulfate Oral Solution NDA

 

202

 

398

 

(65

)

(51

)

137

 

347

 

Other ANDA Product Rights(A)

 

600

 

600

 

(160

)

(128

)

440

 

472

 

 

 

$

17,446

 

$

17,642

 

$

(16,519

)

$

(15,095

)

$

927

 

$

2,547

 

 

 

(A) The amounts above include the product line covered by the ANDA’s purchased in August 2009 for $149 thousand.  These ANDA’s are not being amortized at this time and will not be amortized until such time as the Company begins shipping these products.

Summary of future annual amortization expense

 

 

(In thousands)
Fiscal Year Ending June 30,

 

Annual Amortization Expense

 

2015

 

$

82

 

2016

 

82

 

2017

 

82

 

2018

 

82

 

2019

 

79

 

Thereafter

 

371

 

 

 

$

778