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

12 Months Ended

Dec. 31, 2018

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		2018				2017
				(in thousands)
UTStarcom Hong Kong Holdings Ltd		Cost		$	3,129			$	3,499
GCT Semiconductor, Inc.		Cost			—				—
Cortina		Cost			—				—
SBI		Cost			—				—
Total Investments using Cost Method					3,129				3,499
ACELAND		Equity			2,095				2,357
UiTV		Equity			—				—
AioTV		Equity			—				—
Total Investments using Equity Method					2,095				2,357
Total Investments				$	5,224			$	5,856

Summary of condensed financial information of equity method investees

		Condensed				Condensed				Condensed
		Year Ended				Year Ended				Year Ended
		December 31,				December 31,				December 31,
		2018				2017				2016
		(in thousands)				(in thousands)				(in thousands)
Operating data:
Revenue		$	6,131			$	6,943			$	—
Gross profit		$	4,847			$	4,841			$	—
Income (loss) from operations		$	(911	)		$	(2,776	)		$	950
Net income (loss)		$	(4,422	)		$	(2,104	)		$	2,812
Net income (loss) attributable to Equity method investees		$	(262	)		$	(687	)		$	984

		Year Ended				Year Ended				Year Ended
		December 31,				December 31,				December 31,
		2018				2017				2016
		(in thousands)				(in thousands)				(in thousands)
Balance sheet data:
Current assets		$	13,550			$	20,527			$	18,616
Long-term assets		$	1,289			$	2,545			$	105
Current liabilities		$	(9,672	)		$	(70,213	)		$	(11,669	)
Long-term liabilities		$	(53,071	)		$	—			$	—
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	)		$	—			$	—

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

		Amount
		In thousands
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 and 2018		$	—

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		0.80	%
Dividend yield		0.00	%
Expiration date		November 14, 2017
Volatility		41	%

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