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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 34,221 $ 34,966
Short-term investments 2,100 2,095
Notes receivable 58  
Accounts receivable, net of allowances for credit losses of $15,982 and $6,506 in 2020 and 2019, respectively 49,623 77,831
Inventories 6,695 6,142
Deferred costs 12 513
Prepaid and other current assets 5,108 5,524
Short-term restricted cash 12,088 10,007
Total current assets 109,905 137,078
Property, plant and equipment, net 620 1,092
Operating lease right-of-use assets, net 1,183 2,860
Long-term investments 0 3,129
Deferred tax assets 4,271 2,772
Long-term restricted cash 2,079 3,634
Other long-term assets 666 738
Total assets 118,724 151,303
Current liabilities:    
Accounts payable 25,120 30,875
Income taxes payable 5,934 7,480
Customer advances 391 160
Deferred revenue 410 1,320
Operating lease liabilities, current 1,217 1,595
Employee payroll and compensation 2,925 2,855
Other current liabilities 4,045 4,748
Total current liabilities 40,042 49,033
Long-term deferred revenue 25 369
Operating lease liabilities, non-current 256 1,364
Other long-term liabilities 1,000 1,349
Total liabilities 41,323 52,115
Commitments and contingencies (Note 8)
Shareholders' equity:    
Ordinary shares: $0.00375 par value; 250,000 authorized shares; 40,907 and 40,335 shares issued at December 31, 2020 and December 31, 2019, respectively; 35,898 and 35,525 shares outstanding at December 31, 2020 and December 31, 2019, respectively 123 123
Additional paid-in capital 1,266,318 1,265,615
Treasury stock, at cost: 5,009 and 4,810 shares at December 31, 2020 and December 31, 2019, respectively (12,322) (11,948)
Accumulated deficit (1,240,379) (1,216,703)
Accumulated other comprehensive income 63,661 62,101
Shareholders’ equity 77,401 99,188
Total liabilities and shareholders' equity $ 118,724 $ 151,303