Annual report pursuant to Section 13 and 15(d)

Restructuring Charges

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Restructuring Charges
12 Months Ended
Dec. 31, 2017
Restructuring and Related Activities [Abstract]  
Restructuring Charges

17. RESTRUCTURING CHARGES

 

During March 2017, the Company decided to close its operations in Poland and India. In connection with the closing of these subsidiaries, in the first quarter of 2017, the Company expensed approximately $276,000 of restructuring charges representing primarily employee severance costs, remaining lease and termination fees, disposal of property and equipment and professional fees. The remaining amounts to be paid of approximately $10,000 are included in accrued expenses in the consolidated balance sheet as of December 31, 2017. The Company does not believe that any additional restructuring charges will need to be recorded.