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Prepaid Expenses And Other Current Assets
3 Months Ended
Mar. 31, 2020
OTHER CURRENT ASSETS  
PREPAID EXPENSES AND OTHER ASSETS

7. PREPAID EXPENSES AND OTHER CURRENT ASSETS

Prepaid expenses and other current assets consist of the following (in thousands):

 

 

 

 

 

 

 

Balance as of

 

March 31, 

 

December 31, 

 

2020

 

2019

Prepaid insurance

$

1,771

 

$

2,029

Prepaid sales and marketing expenses

 

1,252

 

 

1,806

Taxes receivable

 

438

 

 

1,196

Other prepaid expenses and assets

 

2,879

 

 

3,103

Total

$

6,340

 

$

8,134

 

The amounts included in prepaid expenses and other current assets consist primarily of prepayments for future services, miscellaneous non-trade receivables, prepaid interest and interest income receivable. These costs have been deferred as prepaid expenses and other current assets on the consolidated balance sheets and will be either (i) charged to expense accordingly when the related prepaid services are rendered to the Company, or (ii) converted to cash when the receivable is collected by the Company.