Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Summary of Components of Marketable Securities

The following is a summary of the components of our marketable securities and the underlying fair value input level tier hierarchy (see long-lived assets below) (in thousands):

 

    As of September 30, 2018  
    Amortized     Unrealized     Market  
    Cost     Losses     Value  
U.S treasuries   $ 2,578     $ (3 )   $ 2,575  
Corporate bonds     4,312       (21 )     4,291  
    $ 6,890     $ (24 )   $ 6,866  

 

    As of December 31, 2017  
    Amortized     Unrealized     Market  
    Cost     Losses     Value  
U.S treasuries   $ 1,744     $ -     $ 1,744  
Corporate bonds     17,099       (78 )     17,021  
    $ 18,843     $ (78 )   $ 18,765  

Components of Inventory

The components of inventory are as follows (in thousands):

 

    September 30, 2018     December 31, 2017  
Raw materials   $ 1,228     $ 1,269  
Work in process     333       245  
Finished goods     1,156       17  
    $ 2,717     $ 1,531  

Schedule of Fair Value of Financial Instruments

    As of September 30, 2018  
    Level 1     Level 2     Level 3     Total  
Marketable securities                                
U.S. government obligations   $ -     $ 2,575     $ -     $ 2,575  
Corporate obligations     -       4,291       -       4,291  
    $ -     $ 6,866     $ -     $ 6,866  

Schedule of Disaggregates by Revenue

The following table disaggregates the Company’s revenue by revenue source for the three and nine months ended September 30, 2018 (in thousands):

 

    Three Months ended     Nine Months ended  
Revenue by Customer Type   September 30, 2018     September 30, 2018  
Contract manufacturing   $ 2,324     $ 8,764  
Retail and other     115       269  
Total revenue   $ 2,439     $ 9,033