Annual report pursuant to Section 13 and 15(d)

Balance Sheet Detail

v3.8.0.1
Balance Sheet Detail
 12 Months Ended
Dec. 31, 2017
Balance Sheet Detail  
Balance Sheet Detail

3.  Balance Sheet Detail

 

Equipment and leasehold improvements, net consist of the following as of December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

 

Equipment

 

$

1,988

 

$

1,638

 

Leasehold improvements

 

 

1,335

 

 

1,317

 

 

 

 

3,323

 

 

2,955

 

Less accumulated depreciation and amortization

 

 

(1,495)

 

 

(1,018)

 

 

 

$

1,828

 

$

1,937

 

 

During 2016, the Company wrote off $2.4 million in fully depreciated leasehold improvements and equipment primarily used in our former corporate headquarters which we relocated from in October 2016.

 

Accounts receivable – long term, net consist of the following as of December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

 

Total amount due from customer

 

$

20,886

 

$

25,974

 

Less discount

 

 

(912)

 

 

(908)

 

Less current portion included in accounts receivable, current

 

 

(12,537)

 

 

(14,398)

 

 

 

$

7,437

 

$

10,668

 

 

Accounts payable and accrued expenses consist of the following as of December 31:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

 

Trade accounts payable

 

$

60,131

 

$

72,093

 

Accrued expenses

 

 

3,882

 

 

3,994

 

 

 

$

64,013

 

$

76,087

 

 

Accumulated other comprehensive (loss) consists of the following as of December 31:

       

 

 

 

 

 

 

 

 

 

    

 

 

 

 

 

 

2017

    

2016

    

Foreign currency translation adjustments

 

$

(913)

 

$

(1,611)

 

 

 

$

(913)

 

$

(1,611)