Other Assets |
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Other Assets Non current | Note 6. Other Assets Other assets in the consolidated condensed balance sheets are comprised of the following as of June 30, 2019 and December 31, 2018:
As of June 30, 2019, the Company’s cost method investments consist primarily of a $787 investment in InfoMedia Services Limited which the Company acquired in 2014 and the remaining investment in Route1 (“Route1”) of $484, which it received as part of the disposition of Group Mobile in March 2018. In the second quarter of 2019, the Company impaired its investment in Route1, due to an under performance of operating results. The Company recorded an impairment charge of $1,141 for the three and six months ended June 30, 2019, which is included in “Other non-operating income (expense),net” on the consolidated condensed statements of operations and comprehensive income. The Company has not identified any other events or changes in circumstances that could have a significant adverse effect on the carrying value of its remaining cost method investments. |