WORKING CAPITAL LINE OF CREDIT (Tables)

6 Months Ended

Jun. 30, 2016

Line Of Credit Facility [Abstract]

Schedule of Line of Credit Facilities

During the period ended June 30, 2016, the Company’s wholly owned subsidiary, CUI, Inc., maintained a two-year revolving Line of Credit (LOC) with Wells Fargo Bank with the following terms:

(in thousands)
Credit Limit		June 30, 2016  Balance		Expiration Date	Interest rate
$	4,000	$	—	October 1, 2016	Fixed rate at 1.75% above the LIBOR in effect on the first day of the applicable fixed-rate term, or
					Variable rate at 1.75% above the daily one-month LIBOR rate

Schedule of Collateral Security Agreement

The line of credit is secured by the following collateral via a security agreement with CUI Inc. at June 30, 2016:

(in thousands)

CUI Inc. General intangibles, net	$	9,495
CUI Inc. Accounts receivable, net	$	6,052
CUI Inc. Inventory, net	$	6,514
CUI Inc. Equipment, net	$	929