OTHER ASSETS

Other assets consisted of the following (in thousands):



	March 31, 2019		December 31, 2018
Contract assets - long-term	$	7,154	$	7,231
Lease assets	3,828		—
Deferred tax assets	295		295
Other assets	7,168		301
Total other assets	$	18,445	$	7,827

The Company adopted ASC 842 on January 1, 2019 and recognized lease assets on its condensed consolidated balance sheets. See Note 1 and Note 11 to the condensed consolidated financial statements for more detail on ASC 842 adoption.

As of March 31, 2019, the Company recorded a $6.9 million prepayment included in Other assets along with related account payable on the Company's condensed consolidated balance sheets. The prepayment is in relation to a deposit arising from a pending litigation matter with Samsung. See Note 12 for further disclosure.