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Other Long-term Liabilities
12 Months Ended
Dec. 31, 2017
Other Liabilities Disclosure [Abstract]  
Other Long-term Liabilities

Note 11: Other long-term liabilities

 

 

December 31,

 

 

 

2017

 

 

2016

 

Deferred rent liability

 

$

746

 

 

$

906

 

Leasehold improvements financing and other (see a and b below)

 

 

128

 

 

 

193

 

Unrecognized tax benefits (Note 13e)

 

 

244

 

 

 

2,400

 

Term Loan Credit Facility repayment fee (Note 10)

 

 

619

 

 

 

534

 

 

 

$

1,737

 

 

$

4,033

 

 

a. In July 2013, the Company entered into a loan agreement with the landlord of its facility in Switzerland whereby the landlord will offer a loan of up to CHF 400 for the purpose of financing leasehold improvements in the facility. As of December 31, 2016 and 2015, the Company received CHF 220 ($232) of this financing. The principal and interest is due in monthly payments from January 1, 2014 through December 31, 2018 and bears an annual interest of 5%.

b. In May 2013, the Company entered into an agreement with the landlord of one of its facilities in the United States and in January 2014, the Company entered into an agreement with a leasing company for an aggregate of $226 for the purpose of financing leasehold improvements in the facility and a lease of machinery, respectively. The loan and interest is due in monthly payments from June 1, 2013 through May 1, 2023 and bears an annual interest of 7%.

The above principal leasehold improvement financing repayments as of December 31, 2017 are as follows:

 

2018

 

$

32

 

2019

 

 

34

 

2020

 

 

29

 

2021

 

 

26

 

2022

 

 

27

 

Thereafter

 

 

12

 

 

 

 

160

 

Less: current portion of long-term loans

 

 

(32

)

Long-term loans, net of current portion

 

$

128