Have you ever had a really cheap, really well done steak? And maybe you had some powdered mash potatoes and freezer burnt veggies? It's like... still a meal... that could've been OK, but it just doesn't work out.
Much like the meal above this movie just didn't work out. There's this weird "rich kid who has it all with a drug problem" angle which take up 75% of the movie. The other 25% of the is a lot of negotiations and aliens talking in alien.
Your 10 year old might find it interesting and you can use it as a way to show them just how bad drugs are, as the main character slowly becomes, well, consumed.
Anyways, watch it, don't watch it. It's a good background movie. Like if Hallmark did Sci-fi.