|9 Months Ended|
Sep. 30, 2018
|Subsequent Events [Abstract]|
11. Subsequent Events
The Company has evaluated subsequent events through the date which the condensed consolidated financial statements were available to be issued.
In October 2018, the Company moved its corporate headquarters to its McCarran, Nevada facility and ceased to use its Alameda, California facility. The Company is in the process of seeking a tenant for this property and will record a liability for the present value of remaining lease payments less estimated sublease income in the fourth quarter of 2018. Additionally, the Company will write-off the net book value of its leasehold improvements of approximately $0.8 million during the fourth quarter of 2018. The restructuring charge incurred by the Company related to the relocation was not material.
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef