Note 5 - Cash, Cash Equivalents and Restricted Cash

9 Months Ended

Sep. 30, 2021

Notes to Financial Statements

Cash and Cash Equivalents Disclosure [Text Block]

Note 5.  Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the statement of financial position that sum to the total of the same such amounts in the statement of cash flows (in thousands):

	September 30,		December 31,
	2021		2020
Cash and cash equivalents	$	43,534	$	43,425
Restricted cash		5,363		6,689
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	$	48,897	$	50,114

Restricted cash includes guarantee deposits for customs duties, China government subsidy fund, and compensating balances required for certain credit facilities. As of September 30, 2021 and December 31, 2020, there was $2.3 million and $4.9 million of restricted cash required for bank acceptance notes issued to vendors, respectively. In addition, there was $2.0 million and $0.5 million certificate of deposit associated with credit facilities with a bank in China as of September 30, 2021 and December 31, 2020, respectively. There was $1.0 million guarantee deposits for customs duties as of  September 30, 2021 and December 31, 2020.