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CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS (Tables) | 12 Months Ended
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Dec. 31, 2019
CASH, CASH EQUIVALENTS AND SHORT AND LONG TERM INVESTMENTS |
Schedule Showing Break-down of the Company's Total Short-term Investment and Long-term Investments |
|  | Accounting |  | December 31, |  |  | December 31, |
|  | Method |  | 2019 |  |  | 2018 |
|  |  |  | (in thousands) |
UTStarcom Hong Kong Holdings Ltd |  | Cost |  | $ | 3,129 |  |  | $ | 3,129 |
GCT Semiconductor, Inc. |  | Cost |  |  | — |  |  |  | — |
Total Investments using Cost Method |  |  |  |  | 3,129 |  |  |  | 3,129 |
Aceland |  | Equity |  |  | — |  |  |  | 2,095 |
UiTV |  | Equity |  |  | — |  |  |  | — |
AioTV |  | Equity |  |  | — |  |  |  | — |
Total Investments using Equity Method |  |  |  |  | — |  |  |  | 2,095 |
Aceland |  | AFS |  |  | 2,095 |  |  |  | — |
Total Investments using Trading Method |  |  |  |  | 2,095 |  |  |  | — |
Total Investments |  |  |  | $ | 5,224 |  |  | $ | 5,224 |
Summary of Unaudited Condensed Financial Information of Equity Method Investees |
|  | Condensed |  |  | Condensed |  |  | Condensed |
|  | Year Ended |  |  | Year Ended |  |  | Year Ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (in thousands) |  |  | (in thousands) |  |  | (in thousands) |
Operating data: |  |  |  |  |  |  |  |  |
Revenue |  | $ | 7,609 |  |  | $ | 6,131 |  |  | $ | 6,943 |
Gross profit |  | $ | 4,904 |  |  | $ | 4,847 |  |  | $ | 4,841 |
Income (loss) from operations |  | $ | (60 | ) |  | $ | (911 | ) |  | $ | (2,776 | )
Net income (loss) |  | $ | (3,001 | ) |  | $ | (4,422 | ) |  | $ | (2,104 | )
Net income (loss) attributable to Equity method investees |  | $ | — |  |  | $ | (262 | ) |  | $ | (687 | )
|  | Year Ended |  |  | Year Ended |  |  | Year Ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |  |  | 2017 |
|  | (in thousands) |  |  | (in thousands) |  |  | (in thousands) |
Balance sheet data: |  |  |  |  |  |  |  |  |
Current assets |  | $ | 6,061 |  |  | $ | 13,550 |  |  | $ | 20,527 |
Long-term assets |  | $ | 666 |  |  | $ | 1,289 |  |  | $ | 2,545 |
Current liabilities |  | $ | (7,633) |  |  | $ | (9,672 | ) |  | $ | (70,213 | )
Long-term liabilities |  | $ | (56,407) |  |  | $ | (53,071 | ) |  | $ | — |
Non-controlling interests |  | $ | — |  |  | $ | — |  |  | $ | — |
Schedule of Change in Value of Financial Assets using Unobservable Inputs (Level 3) |
|  | Amount |
|  | In thousands |
As of December 31, 2018 |  | $ | — |
Add: Reclassed to short-term investment as trading security |  | 2,095 |
As of December 31, 2019 |  | $ | 2,095 |
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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