SIGNIFICANT ACCOUNTING POLICIES AND RECENT ACCOUNTING PRONOUNCEMENTS (Tables)

9 Months Ended

Sep. 30, 2016

Accounting Policies [Abstract]

Summary of Components of Inventory

The following table summarizes the components of the Company’s inventory for the period indicated:

	As of September 30, 2016
	(in thousands)
Raw materials	$	2,712
Finished goods		209
Total inventory	$	2,921

Summary of Components of Intangible Assets

The following table summarizes the components of intangible assets for the period indicated:

	As of September 30, 2016
	(in thousands)
Patent costs	$	10,165
In-licensed right		1,000
Intangible assets, gross	$	11,165
Less: accumulated amortization		(3,054	)
Intangible assets, net	$	8,111