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CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2016

CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS

Schedule showing break-down of the Company's total investments

		Accounting Method		December 31, 2016			December 31, 2015
							(Restated)
				(in thousands)
Cortina		Cost Method		$	—		$	—
GCT Semiconductor, Inc.		Cost Method		—			811
Xalted Networks		Cost Method		—			—
UTStarcom Hong Kong Holdings Ltd		Cost Method		3,499			3,499
SBI		Cost Method		—			1,283
Total Investments using Cost Method				3,499			5,593
ACELAND		Equity Method		2,554			1,109
UiTV		Equity Method		—			—
Shareholder Loan to ACELAND		Equity Method		—			7,119
Total Investments using Equity Method				2,554			8,228
AioTV		AFS		1,700			5,700
SBI		AFS		479			—
Total Investments Classified as AFS				2,179			5,700
Total Investment				$	8,232		$	19,521
Less :Short-term investment
SBI		AFS		479			—
Short-term Investment				$	479		$	—
Long-term Investment				$	7,753		$	19,521

Summary of condensed financial information of equity method investees

		Condensed Year Ended December 31, 2016			Condensed Year Ended December 31, 2015			Condensed Year Ended December 31, 2014
		(In thousands)			(In thousands)			(In thousands)
Operating data:
Revenue		$	—		$	—		$	—
Gross profit		$	—		$	—		$	—
Income (loss) from operations		$	950		$	(	9)	$	(2	)
Net income (loss)		$	2,812		$	(	9)	$	(2	)
Net income (loss) attributable to Equity method investees		$	984		$	(	3)	$	(1	)

		Year Ended December 31, 2016			Year Ended December 31, 2015			Year Ended December 31, 2014
		(In thousands)			(In thousands)			(In thousands)
Balance sheet data:
Current assets		$	18,616		$	7		$	7
Long-term assets		$	105		$	18,238		$	18,381
Current liabilities		$	(11,669	)	$	(14,135	)	$	(14,233	)
Long-term liabilities		$	—		$	—		$	—
Non-controlling interests		$	—		$	—		$	—

Summary of available-for-sale investments

The following is a summary of available-for-sale investment as of December 31,2016:

		Cost			Cash Collection			Impairment charges and equity losses			Transfer-out from available-for-sale investments			Realized gain			Estimated fair value
		(in thousands)
Security of a private company		$	479		$	—		$	—		$	—		$	—		$	479
Convertible bonds of privately-held company		800			—			—			—			—			800
Preferred convertible shares of privately-held company		5,200			—			(4,300		)	—			—			900
Total available-for-sale investments		$	6,479		$	—		$	(4,300	)	$	—		$	—		$	2,179

The following is a summary of available-for-sale investments as of December 31, 2015:

		Cost			Cash Collection			Impairment charges and equity losses			Transfer-out from available-for-sale investments			Realized gain			Estimated fair value
		(in thousands)
Security of a public company		$	2,299		$	(2,299	)	$	—		$	—		$	—		$	—
Convertible bonds of privately-held company		40,700			(10,000		)	(20,000		)	(10,000		)	(200		)	500
Preferred convertible shares of privately-held company		8,000			—			(2,800		)	—			—			5,200
Total available-for-sale investments		$	50,999		$	(12,299	)	$	(22,800	)	$	(10,000	)	$	(200	)	$	5,700

Schedule of financial assets measured and recognized at fair value on a recurring basis and classified under the appropriate level of the fair value hierarchy

		Level 1			Level 2			Level 3			Total
		(in thousands)
As of December 31, 2015
Short-term investments		$	—		$	—		$	—		$	—
Long-term investments		—			—			5,700			5,700
As of December 31, 2016
Short-term investments		—			—			479			479
Long-term investments		$	—		$	—		$	1,700		$	1,700

Schedule of changes in financial assets using unobservable inputs (Level 3)

		Amount In thousands
As of December 31, 2013		$	53,971
Less: Share of loss from Associates		(3,570		)
Less: Impairment Charges		(2,401		)
Add: Unrealized gain		200
As of December 31, 2014		$	48,200
Less: Share of loss from Associates		(13,954		)
Less: Impairment Charges		(8,846		)
Less: Cash Collection		(10,000		)
Less: Transfer-out from available-for-sale investments		(10,000		)
Add: New invest in convertible bond		500
Add: Unrealized gain		(200		)
As of December 31, 2015		$	5,700
Less: Impairment Charges		(4,300		)
Add: New invest in convertible bond		300
As of December 31, 2016		$	1,700

AioTV

CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS

Schedule of significant inputs for the valuation model used to estimate fair value of investments

		Year Ended		Year Ended
		December 31,		December 31,
		2016		2015
Total fair value of invested Capital as at valuation date (in thousands)		900		5,200
Risk free rate of interest		0.8	%	1.6	%
Dividend yield		0	%	0	%
Expiration date		2017/11/14		2017/11/14
Volatility		41.0	%	50.8	%

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Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

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