Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Assets and Liabilities (Tables)

v3.19.2
Fair Value of Financial Assets and Liabilities (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets Measured at Fair Value

The following table presents information about the Company’s financial assets that were carried at fair value on a recurring basis on the condensed consolidated balance sheet as of June 30, 2019 and December 31, 2018 and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value.

 

June 30, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Other asset – advance payment to supplier

 

$

2,833

 

 

 

 

 

 

 

 

 

2,833

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Assets

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Short-term investments

 

$

40,000

 

 

 

40,000

 

 

 

 

 

 

 

Other asset – advance payment to supplier

 

 

2,649

 

 

 

 

 

 

 

 

 

2,649

 

Total

 

$

42,649

 

 

 

40,000

 

 

 

 

 

 

2,649

 

 

Summary of Long-term Debt Carried at Amortized Cost on Condensed Consolidated Balance Sheet

The following table presents information about the Company’s long-term debt which was carried at amortized cost on the condensed consolidated balance sheet as of June 30, 2019, and December 31, 2018 and indicates the fair value hierarchy of the valuation inputs utilized to determine the approximate fair value.

 

June 30, 2019

 

 

 

 

 

Approximate

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

Book Value

 

 

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Current portion of long-term debt

 

$

3,496

 

 

$

3,496

 

 

 

 

 

 

3,496

 

 

 

 

Long-term debt, less current portion

 

 

10,771

 

 

 

10,500

 

 

 

 

 

 

10,500

 

 

 

 

Total

 

$

14,267

 

 

$

13,996

 

 

 

 

 

 

13,996

 

 

 

 

December 31, 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

Book Value

 

 

Approximate

Fair Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Current portion of long-term debt

 

$

1,019

 

 

$

1,019

 

 

 

 

 

 

1,019

 

 

 

 

Long-term debt, less current portion

 

 

13,079

 

 

 

13,035

 

 

 

 

 

 

13,035

 

 

 

 

Total

 

$

14,098

 

 

$

14,054

 

 

 

 

 

 

14,054