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13. Subsequent Events
6 Months Ended
Jun. 30, 2014
Subsequent Events [Abstract]  
13. Subsequent Events

Repayment of Debt

 

On April 1, 2014, the Company paid $8.1 million to East West Bank from the net proceeds received in its secondary offering to extinguish its entire debt balances. Also in April 2014, the Company repaid $1.3 million of its credit line with a China bank.

 

On April 1, 2014, the Company’s Taiwan facility entered into a new lease agreement for office and manufacturing space in New Taipei City, Taiwan. The lease has a term of 15 years commencing on June 1, 2014.