Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Assets and Liabilities (Tables)

Fair Value of Financial Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2019

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 September 30, 2019 and December 31, 2018 and indicates the fair value hierarchy of the valuation inputs utilized to determine such fair value.

September 30, 2019
Assets	Total		Level 1		Level 2		Level 3
Other asset – advance payment to supplier	$	3,705		—		—		3,705
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 September 30, 2019, and December 31, 2018 and indicates the fair value hierarchy of the valuation inputs utilized to determine the approximate fair value.

September 30, 2019			Approximate
Liabilities	Book Value		Fair Value		Level 1		Level 2		Level 3
Current portion of long-term debt	$	4,997	$	4,997		—		4,997		—
Long-term debt, less current portion		9,343		8,469		—		8,469		—
Total	$	14,340	$	13,466		—		13,466		—
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		—