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Investments (Tables)
12 Months Ended
Dec. 31, 2020
Investments Debt And Equity Securities [Abstract]  
Summary of Long-term Investments

Long-term investments are comprised of the following items:

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Equity investments measured at fair value

 

$

477

 

 

$

4,183

 

Equity investments under measurement alternative

 

 

11,392

 

 

 

14,954

 

Debt securities classified under available-for-sale method

 

 

2,500

 

 

 

5,047

 

Total other investments

 

$

14,369

 

 

$

24,184

 

Summary of Ownership Interests in Equity Method Investments

The Company’s ownership interests in its equity method investments as of December 31, 2020 and 2019 were as follows:

 

 

 

Approximate

 

 

Carrying value

 

 

Loss from equity

method investments

Year ended

 

 

 

ownership %

 

 

December 31, 2020

 

 

December 31, 2020

 

Investment in Fluent

 

50%

 

 

$

5,291

 

 

$

(6,253

)

Investment in Cannfections

 

50%

 

 

 

4,009

 

 

 

270

 

Total equity method investments

 

 

 

 

 

$

9,300

 

 

$

(5,983

)

 

 

 

Approximate

 

 

Carrying value

 

 

Loss from equity

method investments

Year ended

 

 

 

ownership %

 

 

December 31, 2019

 

 

December 31, 2019

 

Investment in Fluent

 

50%

 

 

$

7,836

 

 

$

(4,437

)

Investment in Cannfections

 

50%

 

 

 

3,612

 

 

 

(67

)

Total equity method investments

 

 

 

 

 

$

11,448

 

 

$

(4,504

)

 

Summary of Financial Information for Equity Method Investments

Summary financial information for the equity method investments on an aggregated basis was as follows:

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Current assets

 

$

12,644

 

 

$

13,942

 

Non current assets

 

$

6,608

 

 

$

4,987

 

Current liabilities

 

$

5,663

 

 

$

1,561

 

Non current liabilities

 

$

 

 

$

 

 

 

 

Year ended

 

 

Year ended

 

 

 

December 31, 2020

 

 

December 31, 2019

 

Revenues

 

$

5,844

 

 

$

113

 

Gross profit

 

$

2,118

 

 

$

78

 

Net loss

 

$

(11,966

)

 

$

(9,008

)