XML 41 R19.htm IDEA: XBRL DOCUMENT v3.6.0.2
Other Long-term Liabilities
12 Months Ended
Dec. 31, 2016
Other Liabilities Disclosure [Abstract]  
Other Long-term Liabilities

Note 11: Other long-term liabilities

 

 

 

December 31,

 

 

 

2016

 

 

2015

 

Deferred rent liability

 

$

906

 

 

$

785

 

Leasehold improvements financing and other

   (see a and b below)

 

 

193

 

 

 

254

 

Unrecognized tax benefits (Note 13e)

 

 

2,400

 

 

 

1,565

 

Other

 

 

534

 

 

 

131

 

 

 

$

4,033

 

 

$

2,735

 

 

a. In July 2013, the Company entered into a loan agreement with the landlord of its facility in Switzerland whereby the landlord will offer a loan of up to CHF 400 for the purpose of financing leasehold improvements in the facility. As of December 31, 2016 and 2015, the Company received CHF 220 ($232) of this financing. The principal and interest is due in monthly payments from January 1, 2014 through December 31, 2018 and bears an annual interest of 5%.

b. In May 2013, the Company entered into an agreement with the landlord of one of its facilities in the United States and in January 2014, the Company entered into an agreement with a leasing company for an aggregate of $226 for the purpose of financing leasehold improvements in the facility and a lease of machinery, respectively. The loan and interest is due in monthly payments from June 1, 2013 through May 1, 2023 and bears an annual interest of 7%.

The above principal leasehold improvement financing repayments as of December 31, 2016 are as follows:

 

2017

 

$

70

 

2018

 

 

77

 

2019

 

 

27

 

2020

 

 

24

 

2021

 

 

26

 

Thereafter

 

 

39

 

 

 

 

263

 

Less: current portion of long-term loans

 

 

(70

)

Long-term loans, net of current portion

 

$

193