Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2017
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, 2017  
    Input     Amortizied     Unrealized     Unrealized     Market  
    Level     cost     gain     loss     Value  
U.S. government obligations     Level 2     $ 6,455     $ -     $ 1     $ 6,454  
Corporate obligations     Level 2       17,221       -       34       17,187  
            $ 23,676     $       -     $ 35     $ 23,641

Components of Inventory

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

 

    September 30,     December 31,  
    2017     2016  
Raw materials   $ 1,493     $ 1,404  
Work in process     366       466  
Finished goods     133       866  
    $ 1,992     $ 2,736

Schedule of Fair Value of Financial Instruments

    As of September 30, 2017  
    Level 1     Level 2     Level 3     Total  
Marketable securities                                
U.S. government obligations   $ -     $ 6,454     $ -     $ 6,454  
Corporate obligations     -       17,187       -       17,187  
    $ -     $ 23,641     $ -     $ 23,641