XML 39 R15.htm IDEA: XBRL DOCUMENT v3.21.1
PREPAID EXPENSE AND OTHER CURRENT ASSETS
12 Months Ended
Dec. 31, 2020
PREPAID EXPENSE AND OTHER CURRENT ASSETS  
PREPAID EXPENSE AND OTHER CURRENT ASSETS

5. PREPAID EXPENSE AND OTHER CURRENT ASSETS

Prepaid expense and other current assets consist of the following:

December 31, 

    

2019

    

2020

Spare parts

$

2,913

$

7,077

Prepaid value added tax (“VAT”)

 

11,526

 

121

Prepaid costs for equity offering of Xinjiang Daqo*

 

 

1,511

Others

 

905

 

2,768

Total

$

15,344

$

11,477

* The Company is in the process of applying for the initial public offering (“IPO”) of its subsidiary, Xinjiang Daqo, on the Shanghai Stock Exchange’s Sci-Tech innovation board and recorded the related issuance cost to be capitalized.