SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS

6 Months Ended

Jun. 30, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS

SHORT TERM INVESTMENTS, PREPAID EXPENSES AND OTHER CURRENT ASSETS

Short Term Investments

The Company's short term investments are classified as below with maturities of twelve months or less, unrealized gains and losses were immaterial for the periods presented:

Security Type	Fair Value
	June 30, 2019		December 31, 2018
	(in thousands)
Government	$	2,099	$	—
Asset Backed	2,899		1,786
Industrial	5,170		2,381
Financial	5,505		7,136
	$	15,673	$	11,303

Prepaid Expenses and Other Current Assets

The components of prepaid expenses and other current assets are as presented below:

	June 30, 2019		December 31, 2018
	(in thousands)
Prepaid income tax	$	1,425	$	5,429
Other prepaid expenses and other current assets	614		1,151
	$	2,039	$	6,580

During the quarter ended June 30, 2019, a tax refund of $4.0 million for the prepayment made during 2018 was received from the Internal Revenue Service.