NON-CONTROLLING INTEREST

9 Months Ended

Sep. 30, 2020

Noncontrolling Interest [Abstract]

NON-CONTROLLING INTEREST

NON-CONTROLLING INTEREST

In late 2019, we executed a joint venture agreement with our Chinese supplier ("China JV"). The agreement requires the Company to make a capital contribution into the newly formed entity of approximately $360,000, of which approximately $154,000 was contributed during the three months ended September 30, 2020. As of the date of these condensed consolidated financial statements, the joint venture has not commenced principal operations.

Changes in our ownership interest in our 51% owned China JV were as follows:

(In thousands)	Three Months Ended September 30, 2020		Nine Months Ended September 30, 2020
Beginning interest in China JV	$	—	$	—
Contributions	154		154
Net loss attributable to Apyx	(6)		(6)
Ending interest in China JV	$	148	$	148