Discontinued Operations

The Coated Catalyst operations are presented below as discontinued operations. The following table presents the major classes of assets and liabilities of discontinued operations in the consolidated balance sheets as of June 30, 2018 and December 31, 2017 (in thousands).



	June 30, 2018		December 31, 2017
Assets
Accounts receivable, net	$	325	$	220
Inventories	221		1,292
Prepaid expenses and other current assets	53		12
Current assets of discontinued operations	599		1,524

Property and equipment, net	—		300
Other assets	105		124
Assets of discontinued operations	105		424

Total assets of discontinued operations	704		1,948

Liabilities
Accounts payable	421		375
Accrued expenses and other current liabilities	907		2,046
Current liabilities of discontinued operations	1,328		2,421

Other liabilities	462		—

Net liabilities of discontinued operations	$	1,086	$	473

The following table presents revenue and expense information for discontinued operations for the three and six months ended June 30, 2018 and 2017 (in thousands).



	Three Months Ended June 30,					Six Months Ended June 30,
	2018			2017		2018		2017
Revenues	$	574		$	4,843	$	3,289	$	9,208
Pre-tax (loss) income	(481		)	595		89		1,469
Income tax expense	—			—		—		—
Net (loss) income from discontinued operations	$	(481	)	$	595	$	89	$	1,469