Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 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 December 31, 2017  
    Input   Amortizied     Unrealized     Unrealized     Market  
    Level   cost     gain     loss     Value  
U.S. government obligations   Level 2   $ 1,744     $ -     $ -     $ 1,744  
Corporate obligations   Level 2     16,943       -       (78 )     17,021  
        $ 18,687     $ -     $ (78 )   $ 18,765  

Components of Inventory

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

 

    December 31,  
    2017     2016  
             
Raw materials   $ 1,269     $ 1,404  
Work in process     245       466  
Finished goods     17       866  
    $ 1,531     $ 2,736  

Schedule of Fair Value of Financial Instruments

    As of December 31, 2017  
    Level 1     Level 2     Level 3     Total  
Marketable securities                                
U.S. government obligations   $ -     $ 1,744     $ -     $ 1,744  
Corporate obligations     -       17,021       -       17,021  
    $ -     $ 18,765     $ -     $ 18,765