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Note 17 - Related Party Transaction
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Related Party Transactions Disclosure [Text Block]
NOTE
17—RELATED
PARTY TRANSACTION
 
Huhui Supply Agreement
 
The Company’s Chinese subsidiary, Specialized Technology Resources Solar (Suzhou) Co. Ltd. (“STR China”) entered into a supply agreement (the “Huhui Supply Agreement”) dated as of
December 31, 2014
with Zhangjiagang Huhui Segpv Co. Ltd ("Huhui"), a solar module manufacturer and an affiliate of Zhenfa. Pursuant to the Huhui Supply Agreement, STR China agreed to supply Huhui with the Company's encapsulant products and Huhui agreed (i) to purchase
not
less than
535
MW worth of encapsulants (the “Minimum Amount”) during each contract year, (ii) to pay the Company a deposit equal to
10%
of the Minimum Amount, and (iii) 
not
to purchase encapsulant products from other encapsulant manufacturers. The initial term of the Huhui Supply Agreement was for
one
year; however, such initial term was extended due to failure by Huhui to purchase the Minimum Amount at the end of the
first
year anniversary of the effective date of the Huhui Supply Agreement. The Huhui Supply Agreement further provided that Huhui’s obligations were contingent (unless otherwise provided in the agreement) upon (i) the delivery by STR China of an initial shipment of products in accordance with the specifications and (ii) the qualification of the products by Huhui during a sample production run of
not
less than
30
days. As of
December 31, 2017,
Huhui had
not
commenced the sample production run. The Huhui Supply Agreement automatically renewed for additional
one
year terms if either party failed to notify the other party at least
90
days prior to the end of the then current term that it was electing to terminate the agreement. The Company believes that the terms and conditions set forth in the Huhui Agreement at that time were fair and reasonable to the Company. The Company received
$1,148
as a deposit (the “Deposit”) from Huhui during the year ended
December 31, 2015,
which was included in accrued liabilities on the Condensed Consolidated Balance Sheets.
 
Huhui did
not
complete its
30
day production run as contemplated under the Supply Agreement and on
March 27, 2018,
following the approval of the Company’s Special Committee of Continuing Directors, STR China entered into an agreement to terminate the Supply Agreement (the “Termination Agreement”). Pursuant to the Termination Agreement, Huhui agreed that STR China would retain the Deposit, and each of Huhui and STR China agreed to release the other from any liability or further obligations under the Supply Agreement. The Company recognized the full amount of the deposit as other income on the Condensed Consolidated Statement of Comprehensive Income (Loss) in the
first
quarter of
2018.