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

12 Months Ended

Dec. 31, 2017

CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS

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

		Accounting		December 31,			December 31,
		Method		2017			2016
				(in thousands)
UTStarcom Hong Kong Holdings Ltd		Cost Method		$	3,499		$	3,499
GCT Semiconductor, Inc.		Cost Method		—			—
Xalted Networks		Cost Method		—			—
Cortina		Cost Method		—			—
SBI		Cost Method		—			—
Total Investments using Cost Method				3,499			3,499
ACELAND		Equity Method		2,357			2,554
UiTV		Equity Method		—			—
AioTV		Equity Method		—			—
Shareholder Loan to ACELAND		Equity Method		—			—
Total Investments using Equity Method				2,357			2,554
AioTV		AFS		—			1,700
Total Investments Classified as AFS				—			1,700
Total Investment				$	5,856		$	7,753

Summary of condensed financial information of equity method investees

		Condensed Year Ended December 31, 2017			Condensed Year Ended December 31, 2016			Condensed Year Ended December 31, 2015
		(in thousands)			(in thousands)			(in thousands)
Operating data:
Revenue		$	15		$	—		$	—
Gross profit		$	15		$	—		$	—
Income (loss) from operations		$	(1,906	)	$	950		$	(9	)
Net income (loss)		$	(2,524	)	$	2,812		$	(9	)
Net income (loss) attributable to Equity method investees		$	(1,079	)	$	984		$	(3	)

		Year Ended December 31, 2017			Year Ended December 31, 2016			Year Ended December 31, 2015
		(in thousands)			(in thousands)			(in thousands)
Balance sheet data:
Current assets		$	14,859		$	18,616		$	7
Long-term assets		$	148		$	105		$	18,238
Current liabilities		$	(12,150	)	$	(11,669	)	$	(14,135	)
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, 2017:

		Cost			Cash Collection			Impairment charges and equity losses			Transfer-out from available-for-sale investments			Realized gain			Estimated fair value
		(in thousands)
Shares of a private company		$	479		$	(479	)	$	—		$	—		$	—		$	—
Convertible bonds of privately-held company		800			—			(408		)	(392		)	—			—
Preferred convertible shares of private company		900			—			(900		)	—			—			—
Total available-for-sale investments		$	2,179		$	(479	)	$	(1,308	)	$	(392	)	$	—		$	—

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

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

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, 2017
Short-term investments		$	—		$	—		$	—		$	—
Long-term investments		—			—			—			—
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, 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 investment in convertible bonds		500
Add: Unrealized gain		(200		)
As of December 31, 2015		$	5,700
Less: Impairment Charges		(4,300		)
Add: New investment in convertible bonds		300
As of December 31, 2016		$	1,700
Less: Impairment charges		(1,308		)
Less: Transfer-out from available-for-sale investments		(392		)
As of December 31, 2017		$	—

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

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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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