Quarterly report pursuant to Section 13 or 15(d)

Balance Sheet Detail

v3.8.0.1
Balance Sheet Detail
 3 Months Ended
Mar. 31, 2018
Balance Sheet Detail  
Balance Sheet Detail

7.             Balance Sheet Detail:

 

Equipment and leasehold improvements consist of the following:

 

 

 

 

 

 

 

 

 

 

    

March 31,

 

December 31,

 

 

 

2018

    

2017

 

Equipment

 

$

1,993

 

$

1,988

 

Leasehold improvements

 

 

1,333

 

 

1,335

 

 

 

 

3,326

 

 

3,323

 

Less accumulated depreciation and amortization

 

 

(1,568)

 

 

(1,495)

 

 

 

$

1,758

 

$

1,828

 

 

For the three months ended March 31, 2018 and 2017, the Company recorded depreciation and amortization expense of $0.1 million and $0.1 million respectively, which is included in general and administrative expense.

 

Accounts receivable – long term, net consist of the following:

 

 

 

 

 

 

 

 

 

    

March 31,

 

December 31,

 

 

2018

    

2017

Total amount due from customer

 

$

19,581

 

$

20,886

Less discount

 

 

(839)

 

 

(912)

Less current portion included in accounts receivable, current

 

 

(11,212)

 

 

(12,537)

 

 

$

7,530

 

$

7,437

 

 

 

 

 

 

 

 

Accounts payable and accrued expenses consist of the following:

 

 

 

 

 

 

 

 

 

 

    

March 31,

 

December 31,

 

 

 

2018

    

2017

    

Trade accounts payable

 

$

64,752

 

$

58,910

 

Accrued expenses

 

 

3,179

 

 

3,882

 

 

 

$

67,931

 

$

62,792