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Long-term Investments (Tables)
12 Months Ended
Dec. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Schedule of long-term investments
The following table summarizes the composition of long-term investments (in thousands):
December 31,
2022
December 31,
2021
Non-marketable equity investments$7,500 $7,500 
Equity method investments2,784 28,088 
Total$10,284 $35,588 
Schedule of long term investment under equity method
The following table summarizes the Company’s investment in companies accounted for using the equity method of accounting (in thousands):
December 31, 2022
January 1, 2021AdditionIncome (loss)
on investment
Foreign currency translation adjImpairment
losses
Reclassification to subsidiariesReturn of basisDecember 31, 2022
Energica(a)$12,329 $— $(1,031)$— $— $(11,298)$— $— 
FNL(b)2,856 — (915)— (1,941)— — — 
MDI Fund(c)3,765 401 (406)— (3,102)— (658)— 
PEA(d)9,138 — (626)(1,766)(6,746)— — — 
Orangegrid(e)— 3,076 (292)— — — — 2,784 
Total$28,088 $3,477 $(3,270)$(1,766)$(11,789)$(11,298)$(658)$2,784 

December 31, 2021
January 1, 2020AdditionIncome (loss)
on investment
Reclassification to equity method investeeImpairment
losses
Reclassification
to subsidiaries
Dilution loss due to investee share issuanceDecember 31, 2021
Solectrac(f)$2,556 $— $(153)$— $— $(2,372)$(31)$— 
Energica(a)— 13,555 (1,226)— — — — 12,329 
FNL(b)— 3,505 (899)250 — — — 2,856 
MDI Fund(c)— 4,646 (881)— — — — 3,765 
TM2(g)1,144 7,226 (506)— (7,864)— — — 
PEA(d)— 9,138 — — — — — 9,138 
Total$3,700 $38,070 $(3,665)$250 $(7,864)$(2,372)$(31)$28,088