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100350 - Disclosure - Goodwill and Intangible Assets (Tables)
(http://www.sorrentotherapeutics.com/20161231/taxonomy/role/DisclosureGoodwillAndIntangibleAssetsTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Goodwill And Intangible Assets Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Goodwill And Intangible Assets Disclosure [Abstract]
 
Summary of Changes in Company's Recorded Goodwill

The following is a summary of changes in the Company’s recorded goodwill during the year ended December 31, 2016 (in thousands):

 

 

 

Amount

 

Balance at December 31, 2015

 

$

20,626

 

Goodwill attributable to acquisition of Scilex and other

 

 

20,922

 

Balance as December 31, 2016

 

$

41,548

 

 

 

 

 

 

 

 
 
Summary of Company's Identifiable Intangible Assets

A summary of the Company’s identifiable intangible assets as of December 31, is as follows (in thousands):

 

 

December 31, 2016

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Intangibles, net

 

Customer relationships

 

$

1,585

 

 

$

801

 

 

$

784

 

Acquired technology

 

 

3,410

 

 

 

533

 

 

 

2,877

 

Acquired in-process research and development

 

 

25,404

 

 

 

 

 

 

25,404

 

Patent rights

 

 

36,120

 

 

 

419

 

 

 

35,701

 

Total intangible assets

 

$

66,519

 

 

$

1,753

 

 

$

64,766

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2015

 

 

 

Gross Carrying Amount

 

 

Accumulated Amortization

 

 

Intangibles, net

 

Customer relationships

 

$

1,320

 

 

$

536

 

 

$

784

 

Acquired technology

 

 

3,410

 

 

 

358

 

 

 

3,052

 

Patent rights

 

 

90

 

 

 

14

 

 

 

76

 

Total intangible assets

 

$

4,820

 

 

$

908

 

 

$

3,912

 

 

 
 
Schedule of Estimated Future Amortization Expense Related to Intangible Assets

Estimated future amortization expense related to intangible assets at December 31, 2016 is as follows (in thousands):

 

Years Ending December 31,

 

Amount

 

2017

 

$

2,886

 

2018

 

 

4,138

 

2019

 

 

4,303

 

2020

 

 

4,303

 

2021

 

 

4,303

 

Thereafter

 

 

44,833

 

Total

 

$

64,766