Sale of Investment (Notes)

9 Months Ended

Jun. 30, 2018

Discontinued Operations and Disposal Groups [Abstract]

Sale of Investment

Sale of Investment

Effective June 29, 2018, we sold our remaining 15% ownership interest in Kingstone Technology Hong Kong Limited (“Kingstone Hong Kong”) to the majority owner for approximately $5.7 million. We recognized a gain of approximately $2.9 million, which is reported as gain on sale of other assets in our Consolidated Statements of Operations for the three and nine months ended June 30, 2018. We recorded a note receivable of $5.7 million. The note is due in August 2018, and is, therefore, recorded as a current asset in our Consolidated Balance Sheet as of June 30, 2018. Upon collection of the note, Kingstone Hong Kong and its owner will no longer be related parties of Amtech.