Quarterly report pursuant to Section 13 or 15(d)

Prepaid Expenses and Other Current Assets

v3.19.3
Prepaid Expenses and Other Current Assets
9 Months Ended
Sep. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets
NOTE 2 — PREPAID EXPENSES AND OTHER CURRENT ASSETS
The components of prepaid expenses and other current assets consist of the following (in thousands):
 
September 30, 2019
 
December 31, 2018
Prepaid expenses
$
1,093

 
$
2,279

Deposits
498

 
1,336

Future proceeds from sale of Magellan Petroleum UK (Note 3)
4,969

 

Tradable equity securities (Note 3)
3,731

 

Derivative asset, current (Note 6)
3,209

 

Other current assets
198

 
291

Total prepaid expenses and other current assets
$
13,698

 
$
3,906