13. PREPAID EXPENSES AND OTHER CURRENT ASSETS
| As at December 31, | 2017 | 2016 | ||||||
| Prepaid expenses (a) | $ | 3,848 | $ | 4,534 | ||||
| Income tax recoverable | 945 | 51,799 | ||||||
| Inventory (b) | 2,998 | 3,917 | ||||||
| Deferred charges (c) | 543 | 603 | ||||||
| Other | 169 | 254 | ||||||
| Prepaid expenses and other current assets | $ | 8,503 | $ | 61,107 | ||||
| (a) | Prepaid expenses were primarily comprised of prepaid satellite in-orbit insurance, prepaid general liability insurance and prepaid license fees. |
| (b) | As at December 31, 2017, inventory consisted of $2.3 million of finished goods (December 31, 2016 — $3.3 million) and $0.7 million of work in process (December 31, 2016 — $0.6 million). During the year, $11.7 million was recognized as cost of equipment sales and recorded as an operating expense (December 31, 2016 — $9.8 million, December 31, 2015 — $13.1 million). |
| (c) | Deferred charges included deferred financing charges relating to the Revolving Credit Facility. |