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Intangible Assets
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12 Months Ended |
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Mar. 31, 2012
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| Intangible Assets [Abstract] | |
| Intangible Assets |
Note 3. Intangible Assets
On February 9, 2011, Tegal and SPTS entered into an Asset Purchase Agreement pursuant to which the Company sold to SPTS all of the shares of Tegal France, SAS, the Company's wholly-owned subsidiary and product lines and certain equipment, intellectual property and other assets relating to the Company's DRIE systems and certain related technology.
In connection with the sale, as of March 31, 2011, the Company's intangible assets net value was zero. As of March 31, 2012, the Company's intangible assets net value was also zero.
Amortization expense was $0 and $187 in fiscal 2012 and fiscal 2011, respectively. The Company sold all remaining intangibles, except the NLD related patents, to SPTS on February 9, 2011. The Company retained the internally developed NLD patents and has sold all but nine of those patents to third parties as of March 31, 2012. The remaining patents are being offered for sale to third parties.
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