Orbital Infrastructure (OIGBQ) 10-Q 10 May 17 2017 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 09, 2017
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Registrant Name	CUI Global, Inc.
Entity Central Index Key	1,108,967
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Trading Symbol	CUI
Entity Common Stock, Shares Outstanding		20,961,664

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current Assets:
Cash and cash equivalents	$ 2,962	$ 4,617
Trade accounts receivable, net of allowance of $121 and $151, respectively	10,091	9,375
Inventories, net of allowance of $956 and $774, respectively	13,391	13,202
Costs in excess of billings	2,283	2,735
Prepaid expenses and other	2,585	2,174
Total current assets	31,312	32,103
Property and equipment, less accumulated depreciation of $3,536 and $3,299, respectively	11,057	10,952
Goodwill	20,217	20,125
Other intangible assets, less accumulated amortization of $9,980 and $9,438, respectively	15,867	16,201
Note receivable, less current portion	331	362
Deposits and other assets	119	100
Total assets	78,903	79,843
Current Liabilities:
Accounts payable	7,677	6,170
Mortgage note payable, current portion	90	89
Capital lease obligation, current portion	26	28
Accrued expenses	4,193	4,542
Billings in excess of costs	2,855	1,977
Unearned revenue	5,675	4,932
Total current liabilities	20,516	17,738
Long term mortgage note payable, less current portion	3,327	3,350
Long term note payable, related party	5,304	5,304
Capital lease obligation, less current portion	12	12
Derivative liability	434	467
Deferred tax liabilities	3,858	4,120
Other long-term liabilities	156	217
Total liabilities	33,607	31,208
Commitments and contingencies
Stockholders' Equity:
Preferred stock, par value $0.001; 10,000,000 shares authorized; no shares issued at March 31, 2017 or December 31, 2016	0	0
Common stock, par value $0.001; 325,000,000 shares authorized; 20,950,352 shares issued and outstanding at March 31, 2017 and 20,916,848 shares issued and outstanding at December 31, 2016	21	21
Additional paid-in capital	150,400	150,174
Accumulated deficit	(99,824)	(95,970)
Accumulated other comprehensive loss	(5,301)	(5,590)
Total stockholders' equity	45,296	48,635
Total liabilities and stockholders' equity	$ 78,903	$ 79,843

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Trade accounts receivable, allowance	$ 121	$ 151
Inventory allowance	956	774
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment	3,536	3,299
Finite-Lived Intangible Assets, Accumulated Amortization	$ 9,980	$ 9,438
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.001	$ 0.01
Common stock, shares authorized	325,000,000	325,000,000
Common stock, shares issued	20,950,352	20,916,848
Common stock, shares outstanding	20,950,352	20,916,848

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenues:
Total revenues	$ 17,844	$ 20,661
Cost of revenues	12,160	12,626
Gross profit	5,684	8,035
Operating expenses:
Selling, general and administrative	8,554	9,238
Depreciation and amortization	552	608
Research and development	610	506
Provision (credit) for bad debt	(27)	7
Other operating expenses	5	0
Total operating expenses	9,694	10,359
Loss from operations	(4,010)	(2,324)
Other income (expense)	46	(76)
Interest expense	(116)	(123)
Loss before taxes	(4,080)	(2,523)
Income tax (benefit) expense	(226)	145
Net loss	$ (3,854)	$ (2,668)
Basic and diluted weighted average common shares outstanding (in shares)	20,949,251	20,878,549
Basic and diluted loss per common share (in dollars per share)	$ (0.18)	$ (0.13)

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income and Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net loss	$ (3,854)	$ (2,668)
Other comprehensive income (loss)
Foreign currency translation adjustment	289	(499)
Comprehensive loss	$ (3,565)	$ (3,167)

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Changes in Stockholders’ Equity - 3 months ended Mar. 31, 2017 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)
Balance at Dec. 31, 2016	$ 48,635	$ 21	$ 150,174	$ (95,970)	$ (5,590)
Balance (in shares) at Dec. 31, 2016		20,916,848
Common stock issued for exercises of options	0	$ 0	0	0	0
Common stock issued for exercises of options (in shares)		245
Common stock issued for compensation, services, and royalty payments	226	$ 0	226	0	0
Common stock issued for compensation, services, and royalty payments (in shares)		33,259
Net loss for the period ended March 31, 2017	(3,854)	$ 0	0	(3,854)	0
Other comprehensive income	289	0	0	0	289
Balance at Mar. 31, 2017	$ 45,296	$ 21	$ 150,400	$ (99,824)	$ (5,301)
Balance (in shares) at Mar. 31, 2017		20,950,352

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (3,854)	$ (2,668)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation	236	229
Amortization of intangibles	464	478
Stock and options issued and stock to be issued for compensation, royalties and services	91	289
Unrealized (gain) loss on derivative liability	(33)	108
Provision for (credit to) bad debt expense and returns allowances	(28)	(37)
Deferred income taxes	(294)	3
Inventory reserve	179	122
Non-cash unrealized foreign currency (gains)/losses	(176)	64
Loss on disposal of assets	5	0
(Increase) decrease in operating assets:
Trade accounts receivable	(643)	3,151
Inventories	(296)	(236)
Costs in excess of billings	475	(1,347)
Prepaid expenses and other current assets	(371)	(36)
Deposits and other assets	(3)	(16)
Increase (decrease) in operating liabilities:
Accounts payable	1,410	(711)
Accrued expenses	(210)	(765)
Unearned revenue	719	258
Billings in excess of costs	847	796
NET CASH USED IN OPERATING ACTIVITIES	(1,482)	(318)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(198)	(251)
Proceeds from sale of property and equipment	1	0
Investments in other intangible assets	(71)	(133)
Proceeds from notes receivable	19	0
NET CASH USED IN INVESTING ACTIVITIES	(249)	(384)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on capital lease obligations	(3)	(8)
Payments on mortgage note payable	(22)	(21)
Payments on contingent consideration	(61)	(59)
NET CASH USED IN FINANCING ACTIVITIES	(86)	(88)
Effect of exchange rate changes on cash	162	(123)
Net decrease in cash and cash equivalents	(1,655)	(913)
Cash and cash equivalents at beginning of period	4,617	7,267
CASH AND CASH EQUIVALENTS AT END OF PERIOD	2,962	6,354
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income taxes paid	21	73
Interest paid, net of capitalized interest	116	125
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Common stock issued and to be issued for royalties payable pursuant to product agreements, related party	8	20
Common stock issued and to be issued for consulting services and compensation in common stock	218	159
Exchange of investment in TPI in return for note receivable (note 4)	0	385
Accrued property and equipment purchases	122	13
Accrued investment in other intangible assets	$ 29	$ 57

NATURE OF OPERATIONS AND BASIS

NATURE OF OPERATIONS AND BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
NATURE OF OPERATIONS AND BASIS OF PRESENTATION	1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION CUI Global Inc. (CUI Global) is a platform company composed of two segments, the Power and Electromechanical segment and the Energy segment, along with an "Other" category. The Power and Electromechanical segment is made up of the wholly owned subsidiaries: CUI, Inc. (CUI), based in Tualatin, Oregon; CUI Japan, based in Tokyo, Japan; CUI-Canada, based in Toronto, Canada; and the entity holding the corporate building, CUI Properties. All three subsidiaries are providers of power and electromechanical components including power supplies, transformers, converters, connectors and industrial controls for Original Equipment Manufacturers (OEMs). The Power and Electromechanical segment defines its product offerings into two categories: components The Company’s Energy segment is made up of the Orbital Gas Systems Ltd subsidiary (Orbital-UK) and the Orbital Gas Systems, North America, Inc. subsidiary, collectively referred to as "Orbital." This business segment was formed when in April 2013, CUI Global acquired 100 The Other category represents the remaining activities that are not included as part of the other reportable segments and primarily represents corporate activity. The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information, which includes condensed consolidated financial statements. Accordingly, they do not include all the information and notes necessary for a comprehensive presentation of financial position and results of operations and should be read in conjunction with the Company's Annual Report, Form 10-K for the year ended December 31, 2016. It is management's opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statement presentation. Significant intercompany accounts and transactions have been eliminated in consolidation. The results for the interim period are not necessarily indicative of the results to be expected for the year ending December 31, 2017. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Immaterial revision was made to the condensed consolidated statements of cash flows: for the three months ended March 31, 2016, $ 64

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
INVENTORY	2. INVENTORIES 1.1 (in thousands) March 31, December 31, 2017 2016 Finished goods $ 10,076 $ 9,684 Raw materials 3,372 3,357 Work-in-process 899 935 Inventory reserves (956) (774) Total inventories $ 13,391 $ 13,202

GOODWILL AND INDEFINITE-LIVED I

GOODWILL AND INDEFINITE-LIVED INTANGIBLES	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INDEFINITE-LIVED INTANGIBLES	3. GOODWILL AND INDEFINITE-LIVED INTANGIBLES The Company tests for goodwill impairment in the second quarter of each year and whenever events or circumstances indicate that the carrying amount of the asset exceeds its fair value and may not be recoverable. The Company performed a qualitative and quantitative analysis of goodwill and a qualitative analysis of its indefinite-lived intangibles at May 31, 2016, and determined there was no impairment of goodwill or indefinite-lived intangibles. Under the quantitative analysis, the fair value of each reporting unit exceeded its carrying amount by at least 5%. As detailed in ASC 350-20-35-3A, in performing its testing for impairment of goodwill, management completes a qualitative analysis to determine whether it was more likely than not that the fair value of a reporting unit is less than its carrying amount, including goodwill. Periodically, as was done at May 31, 2016, the Company also prepares a quantitative analysis in addition to the qualitative one. To complete the qualitative review, management follows the steps in ASC 350-20-35-3C to evaluate the fair values of the goodwill and considers all known events and circumstances that might trigger an impairment of goodwill. Through these reviews, management concluded that there were no events or circumstances that triggered an impairment (and there was no expectation that a reporting unit or a significant portion of a reporting unit would be sold or otherwise disposed of in the following year). Power and Electro - (in thousands) Mechanical Energy Other Total Balance, December 31, 2016 $ 13,083 $ 7,042 $ — $ 20,125 Currency translation adjustments 6 86 — 92 Balance, March 31, 2017 $ 13,089 $ 7,128 $ — $ 20,217 The Company also tests for impairment of other indefinite-lived intangible assets in the second quarter of each year and when events or circumstances indicate that the carrying amount of the intangible assets exceed their fair value and may not be recoverable. The Company performed a qualitative assessment of impairment for other indefinite-lived intangible assets at May 31, 2016 following the guidance in ASC 350-30-35-18A and 18B and determined there to be no impairment. Other Indefinite-lived intangibles were $ 7.3

INVESTMENT AND NOTE RECEIVABLE

INVESTMENT AND NOTE RECEIVABLE	3 Months Ended
	Mar. 31, 2017
Investments And Notes Receivable [Abstract]
Investments And Notes Receivable Disclosure [Text Block]	During the three months ended March 31, 2016, CUI Global's 8.5 0.4 5 4 5 19

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	5. DERIVATIVE INSTRUMENTS The Company uses various derivative instruments including forward currency contracts, and interest rate swaps to manage certain exposures. These instruments are entered into under the Company’s corporate risk management policy to minimize exposure and are not for speculative trading purposes. The Company recognizes all derivatives as either assets or liabilities in the condensed consolidated balance sheet and measures those instruments at fair value. Changes in the fair value of derivatives are recognized in earnings. For additional information on fair value of derivatives, see Note 9, “Investments and Fair Value Measurements,” of these condensed consolidated financial statements. The Company has limited involvement with derivative instruments and does not trade them. The Company has entered into one interest rate swap, which has a maturity date of ten years from the date of inception, and is used to minimize the interest rate risk on the variable rate mortgage. During the three months ended March 31, 2017, the Company had $ 33 Embedded Derivative Liabilities The Company evaluates embedded conversion features pursuant to FASB Accounting Standards Codification No. 815 (“FASB ASC 815”), “Derivatives and Hedging,” which requires a periodic valuation of the fair value of derivative instruments and a corresponding recognition of liabilities associated with such derivatives.

STOCK-BASED PAYMENTS FOR COMPEN

STOCK-BASED PAYMENTS FOR COMPENSATION, SERVICES AND ROYALTIES	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK-BASED PAYMENTS FOR COMPENSATION, SERVICES AND ROYALTIES	6. STOCK-BASED PAYMENTS FOR COMPENSATION, SERVICES AND ROYALTIES The Company records its stock-based compensation expense under its stock option plans and the Company also issues stock for services and royalties. A detailed description of the awards under these plans and the respective accounting treatment is included in the “Notes to the Consolidated Financial Statements” included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The Company did not grant any stock options in the three months ended March 31, 2017. For the three months ended March 31, 2017 and 2016, the Company recorded stock-based expense of $ 91 0.3

SEGMENT REPORTING

SEGMENT REPORTING	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
SEGMENT REPORTING	7. SEGMENT REPORTING Operating segments are defined in accordance with ASC 280-10 as components of an enterprise for which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. The measurement basis of segment profit or loss is income (loss) from operations. Management has identified six operating segments based on the activities of the Company in accordance with the ASC 280-10. These operating segments have been aggregated into two reportable segments, and an Other category. The two reportable segments are Power and Electromechanical and Energy. The Power and Electromechanical segment is focused on the operations of CUI, CUI-Canada and CUI Japan for the sale of internal and external power supplies and related components, industrial controls and test and measurement devices. The Power and Electromechanical segment also includes CUI Properties, LLC that owns the Company's Tualatin, Oregon facility. The Energy segment is focused on the operations of Orbital Gas Systems Ltd. and Orbital Gas Systems, North America, Inc. which includes gas related test and measurement systems, including the GasPT. The Other category represents the remaining activities that are not included as part of the other reportable segments and represents primarily corporate activity. During the three months ended March 31, 2017, the Company’s total revenues consisted of 77 23 63 37 Power and Electro- (in thousands) Mechanical Energy Other Total Revenues from external customers $ 13,662 $ 4,182 $ — $ 17,844 Depreciation and amortization (1) 381 319 — 700 Interest expense 54 — 62 116 Loss from operations (534) (2,264) (1,212) (4,010) Segment assets 49,414 29,180 309 78,903 Other intangible assets, net 9,082 6,785 — 15,867 Goodwill 13,089 7,128 — 20,217 Expenditures for long-lived assets (2) 204 65 — 269 (1) For the Power and Electromechanical segment, depreciation and amortization include $ 148 (2) Includes purchases of property, plant and equipment and the investment in other intangible assets. The following information represents segment activity for the three months ended March 31, 2016 and selected balance sheet items as of March 31, 2016: Power and Electro - (in thousands) Mechanical Energy Other Total Revenues from external customers $ 13,052 $ 7,609 $ — $ 20,661 Depreciation and amortization (1) 335 371 1 707 Interest expense 55 2 66 123 Loss from operations (337) (95) (1,892) (2,324) Segment assets 49,810 37,075 475 87,360 Other intangibles assets, net 9,521 8,620 1 18,142 Goodwill 13,089 8,202 — 21,291 Expenditures for long-lived assets (2) 274 110 — 384 (1) For the Power and Electromechanical segment, depreciation and amortization totals for the three months ended March 31, 2016, include $ 99 (2) Includes purchases of property plant and equipment and the investment in other intangible assets. (in thousands) For the Three Months Ended March 31, 2017 2016 Amount % Amount % USA $ 10,113 57 % $ 10,568 51 % United Kingdom 3,083 17 % 4,605 22 % All Others 4,648 26 % 5,488 27 % Total $ 17,844 100 % $ 20,661 100 %

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	3 Months Ended
	Mar. 31, 2017
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	8. RECENT ACCOUNTING PRONOUNCEMENTS In January 2017, the FASB issued Accounting Standards Update ("ASU") No. 2017-04, Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment The Company is required to adopt ASU 2017-04 for its annual or any interim goodwill impairment tests in fiscal years beginning after December 15, 2019 and may early adopt as early as its first annual or interim impairment testing date following January 1, 2017. The Company has elected to early adopt the amendments of this standard effective with its May 31, 2017 goodwill impairment test. The early adoption of this standard is not expected to impact the Company’s financial condition, results of operations, cash flows or disclosures. In August 2016, the FASB issued Accounting Standards Update (“ASU”) No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments In February 2016, The FASB issued ASU No. 2016-02, Leases (Topic 842) In July 2015, the FASB issued ASU No. 2015-11, “ Simplifying the Measurement of Inventory In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-09, “ Revenue from Contracts with Customers

INVESTMENTS AND FAIR VALUE MEAS

INVESTMENTS AND FAIR VALUE MEASUREMENTS	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
INVESTMENTS AND FAIR VALUE MEASUREMENTS	9. INVESTMENTS AND FAIR VALUE MEASUREMENTS (in thousands) March 31, 2017 Level 1 Level 2 Level 3 Total Money market securities $ 16 $ — $ — $ 16 Total assets $ 16 $ — $ — $ 16 Derivative instrument payable $ — $ 434 $ — $ 434 Contingent consideration — — 42 42 Total liabilities $ — $ 434 $ 42 $ 476 December 31, 2016 Level 1 Level 2 Level 3 Total Money market securities $ 16 $ — $ — $ 16 Total assets $ 16 $ — $ — $ 16 Derivative instrument payable $ — $ 467 $ — $ 467 Contingent consideration — — 103 103 Total liabilities $ — $ 467 $ 103 $ 570 (in thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Contingent Consideration Balance at December 31, 2016 $ 103 Payments (61) Quarterly fair value adjustments — Balance at March 31, 2017 $ 42 There were no transfers between Level 3 and Level 2 in 2017 as determined at the end of the reporting period. The contingent consideration liability is associated with the acquisition of Tectrol in March 2015 and represents the present value of the expected future contingent payment based on revenue projections of select Tectrol legacy products. The inputs used to measure contingent consideration are classified as Level 3 within the valuation hierarchy. The valuation is not supported by market criteria and reflects the Company’s internal revenue forecasts. Since the valuation is not supported by market criteria, the valuation is completely dependent on unobservable inputs. During quarterly updates of the valuation, the calculation of the value is based on actual and reasonably estimated future revenues. Based on the Company’s revenue projections and first quarter 2017 analysis, the current value of the contingent consideration remained the same net of actual payments made during the quarter. Contingent consideration in the amount of $ 61

LOSS PER COMMON SHARE

LOSS PER COMMON SHARE	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
LOSS PER COMMON SHARE	10. LOSS PER COMMON SHARE In accordance with FASB Accounting Standards Codification Topic 260 (“FASB ASC 260”), “Earnings per Share,” basic net income (loss) per share is computed by dividing the net income (loss) available to common stockholders for the period by the weighted average number of common shares outstanding during the period. Diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of diluted shares outstanding during the period calculated using the treasury stock method. Due to the Company’s net loss in the three months ended March 31, 2017 and March 31, 2016, the assumed exercise of stock options using the treasury stock method would have had an antidilutive effect and therefore 1.0 (in thousands, except share and per share amounts) For the Three Months Ended March 31, 2017 2016 Net loss $ (3,854) $ (2,668) Basic and diluted weighted average number of shares outstanding 20,949,251 20,878,549 Basic and diluted loss per common share $ (0.18) $ (0.13)

CAPITALIZED INTEREST

CAPITALIZED INTEREST	3 Months Ended
	Mar. 31, 2017
Capitalized Interest [Abstract]
CAPITALIZED INTEREST	11. CAPITALIZED INTEREST For the Three Months Ended (in thousands) March 31, 2017 2016 Interest cost incurred $ 120 $ 123 Interest cost capitalized - property and equipment (4) — Interest expense, net $ 116 $ 123

INCOME TAXES

INCOME TAXES	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	12. INCOME TAXES The Company is subject to taxation in the U.S., as well as various state and foreign jurisdictions. The Company continues to record a full valuation allowance against the Company’s U.S. net deferred tax assets as it is not more likely than not that the Company will realize a benefit from these assets in a future period. In future periods, tax benefits and related deferred tax assets will be recognized when management concludes realization of such amounts is more likely than not. A net tax benefit of $226 thousand was recorded to the income tax provision for the three months ended March 31, 2017 resulting in an effective tax rate of 5.54% for the period. The income tax benefit primarily relates to realizable benefits on losses in certain foreign jurisdictions offset by taxes on profitable foreign operations and domestic state minimum taxes. All of our USA deferred tax assets were reduced by a full valuation allowance. The Company’s total income tax expense and effective tax rate was $145 thousand and 5.75%, respectively, for the same period in 2016. The income tax expense for the three months ended March 31, 2016 related primarily to deferred taxes at our foreign operations partially offset by domestic state minimum taxes as all of our USA deferred tax assets were reduced by a full valuation allowance. The Company adopted ASU 2016-09 effective January 1, 2017 on a modified retrospective basis, whereby a cumulative-effect adjustment to equity as of the beginning of the period is required. Upon evaluation, no adjustment was required as of January 1, 2017.

WORKING CAPITAL LINE OF CREDIT

WORKING CAPITAL LINE OF CREDIT	3 Months Ended
	Mar. 31, 2017
Line Of Credit Facility [Abstract]
WORKING CAPITAL LINE OF CREDIT	13. WORKING CAPITAL LINE OF CREDIT (in thousands) Credit Limit March 31, 2017 Balance Expiration Date Interest rate $ 4,000 $ — October 1, 2018 Fixed rate at 1.75% above the LIBOR in effect on the first day of the applicable fixed-rate term, or Variable rate at 1.75% above the daily one-month LIBOR rate (in thousands) CUI Inc. General intangibles, net $ 9,036 CUI Inc. Accounts receivable, net $ 5,714 CUI Inc. Inventory, net $ 8,913 CUI Inc. Equipment, net $ 855 CUI Global, Inc., the parent company, is a payment guarantor of the LOC. Other terms included in this revolving line of credit for CUI Inc. limit capital expenditures by CUI Inc. to $ 1.2

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	3 Months Ended
	Mar. 31, 2017
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	14. ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (in thousands) As of March 31, As of December 31, 2017 2016 Foreign currency translation adjustment $ (5,301) $ (5,590) Accumulated other comprehensive income (loss) $ (5,301) $ (5,590)

CAPITAL LEASES

CAPITAL LEASES	3 Months Ended
	Mar. 31, 2017
Leases, Capital [Abstract]
CAPITAL LEASES	15. CAPITAL LEASES Asset Balances at March 31, December 31, (in thousands) 2017 2016 Classes of Property Motor vehicles $ 60 $ 98 Equipment 19 19 Less: Accumulated depreciation (41) (65) $ 38 $ 52 (in thousands) Liability Balances at March 31, December 31, 2017 2016 Current leases payable $ 26 $ 28 Long-term leases payable 12 12 $ 38 $ 40

NOTES PAYABLE

NOTES PAYABLE	3 Months Ended
	Mar. 31, 2017
Notes Payable [Abstract]
NOTES PAYABLE	16. NOTES PAYABLE March 31, December 31, (in thousands) 2017 2016 Mortgage note payable (1) $ 3,417 $ 3,439 Acquisition Note Payable - related party (2) 5,304 5,304 Ending balance $ 8,721 $ 8,743 (1) On October 1, 2013, the funding of the purchase of the Company’s Tualatin, Oregon corporate offices from Barakel, LLC was completed. The purchase price for this asset was $ 5.1 3.7 22 3.4 90 3.3 (2) The note payable to International Electronic Devices, Inc. (formerly CUI, Inc.) is associated with the acquisition of CUI, Inc. The promissory note is due May 15, 2020 5 0.001

CONCENTRATIONS

CONCENTRATIONS	3 Months Ended
	Mar. 31, 2017
Risks and Uncertainties [Abstract]
CONCENTRATIONS	17. CONCENTRATIONS For the three months ended March 31, 2017, 24 33 21 12 The Company’s major product lines during the first three months of 2017 and 2016 were power and electromechanical products and natural gas infrastructure and high-tech solutions. At March 31, 2017, of the gross trade accounts receivable of $ 10.2 26 16 10 9.5 30 10 There were no supplier concentrations greater than 10% during the three months ended March 31, 2017. During the three months ended March 31, 2016, CUI had one supplier concentration of 10 The Company had revenue concentration in the United Kingdom for the three months ended March 31, 2017 and 2016 of 17 22 At March 31, 2017 and December 31, 2016, the Company had trade accounts receivable concentrations in the United Kingdom of 28 27

OTHER EQUITY TRANSACTIONS

OTHER EQUITY TRANSACTIONS	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
OTHER EQUITY TRANSACTIONS	18. OTHER EQUITY TRANSACTIONS Expense/ Stock Total no. Date of Type of Prepaid/ issuance Reason for of Grant date fair value recorded at issuance issuance issuance Cash recipient issuance shares (in thousands) January 2017 Vested restricted common stock Expensed Four board members Director compensation 7,448 $ 50 January and February 2017 Common stock Expensed Two Employees Approved bonus 24,578 168 (1) January 2017 Common stock Expensed Related party Q4 Royalty Fee 1,233 8 (1) January and February 2017 Common stock Expensed Two Employees Cashless stock option exercises 245 — (2) 33,504 $ 226 (3) (1) Bonuses and royalty were accrued and expensed in 2016 (2) The Company received $— for the issuance in the cashless option exercises. (3) Does not include stock expense of $ 41

NATURE OF OPERATIONS AND BASI26

NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Policies)	3 Months Ended
	Mar. 31, 2017
Accounting Policies [Abstract]
Nature of Operations	Nature of Operations CUI Global Inc. (CUI Global) is a platform company composed of two segments, the Power and Electromechanical segment and the Energy segment, along with an "Other" category. The Power and Electromechanical segment is made up of the wholly owned subsidiaries: CUI, Inc. (CUI), based in Tualatin, Oregon; CUI Japan, based in Tokyo, Japan; CUI-Canada, based in Toronto, Canada; and the entity holding the corporate building, CUI Properties. All three subsidiaries are providers of power and electromechanical components including power supplies, transformers, converters, connectors and industrial controls for Original Equipment Manufacturers (OEMs). The Power and Electromechanical segment defines its product offerings into two categories: components The Company’s Energy segment is made up of the Orbital Gas Systems Ltd subsidiary (Orbital-UK) and the Orbital Gas Systems, North America, Inc. subsidiary, collectively referred to as "Orbital." This business segment was formed when in April 2013, CUI Global acquired 100 The Other category represents the remaining activities that are not included as part of the other reportable segments and primarily represents corporate activity.
Basis of Presentation	Basis of Presentation The accompanying interim unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information, which includes condensed consolidated financial statements. Accordingly, they do not include all the information and notes necessary for a comprehensive presentation of financial position and results of operations and should be read in conjunction with the Company's Annual Report, Form 10-K for the year ended December 31, 2016. It is management's opinion that all material adjustments (consisting of normal recurring adjustments) have been made, which are necessary for a fair financial statement presentation. Significant intercompany accounts and transactions have been eliminated in consolidation. The results for the interim period are not necessarily indicative of the results to be expected for the year ending December 31, 2017. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Revisions	Revision Immaterial revision was made to the condensed consolidated statements of cash flows: for the three months ended March 31, 2016, $ 64

INVENTORIES (Tables)

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory, Current [Table Text Block]	Inventories consist of raw materials, work-in-process and finished goods and are stated at the lower of cost or market using the first-in, first-out (FIFO) method or through the moving average cost method. At March 31, 2017 and December 31, 2016, accrued liabilities included $ 1.1 (in thousands) March 31, December 31, 2017 2016 Finished goods $ 10,076 $ 9,684 Raw materials 3,372 3,357 Work-in-process 899 935 Inventory reserves (956) (774) Total inventories $ 13,391 $ 13,202

GOODWILL AND INDEFINITE-LIVED28

GOODWILL AND INDEFINITE-LIVED INTANGIBLES (Tables)	3 Months Ended
	Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The carrying value of goodwill and the activity for the three months ended March 31, 2017 are as follows: Power and Electro - (in thousands) Mechanical Energy Other Total Balance, December 31, 2016 $ 13,083 $ 7,042 $ — $ 20,125 Currency translation adjustments 6 86 — 92 Balance, March 31, 2017 $ 13,089 $ 7,128 $ — $ 20,217

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following information represents segment activity for the three months ended March 31, 2017 and selected balance sheet items as of March 31, 2017: Power and Electro- (in thousands) Mechanical Energy Other Total Revenues from external customers $ 13,662 $ 4,182 $ — $ 17,844 Depreciation and amortization (1) 381 319 — 700 Interest expense 54 — 62 116 Loss from operations (534) (2,264) (1,212) (4,010) Segment assets 49,414 29,180 309 78,903 Other intangible assets, net 9,082 6,785 — 15,867 Goodwill 13,089 7,128 — 20,217 Expenditures for long-lived assets (2) 204 65 — 269 (1) For the Power and Electromechanical segment, depreciation and amortization include $ 148 (2) Includes purchases of property, plant and equipment and the investment in other intangible assets. The following information represents segment activity for the three months ended March 31, 2016 and selected balance sheet items as of March 31, 2016: Power and Electro - (in thousands) Mechanical Energy Other Total Revenues from external customers $ 13,052 $ 7,609 $ — $ 20,661 Depreciation and amortization (1) 335 371 1 707 Interest expense 55 2 66 123 Loss from operations (337) (95) (1,892) (2,324) Segment assets 49,810 37,075 475 87,360 Other intangibles assets, net 9,521 8,620 1 18,142 Goodwill 13,089 8,202 — 21,291 Expenditures for long-lived assets (2) 274 110 — 384 (1) For the Power and Electromechanical segment, depreciation and amortization totals for the three months ended March 31, 2016, include $ 99 (2) Includes purchases of property plant and equipment and the investment in other intangible assets.
Revenue from External Customers by Geographic Areas	The following represents revenue by country: (in thousands) For the Three Months Ended March 31, 2017 2016 Amount % Amount % USA $ 10,113 57 % $ 10,568 51 % United Kingdom 3,083 17 % 4,605 22 % All Others 4,648 26 % 5,488 27 % Total $ 17,844 100 % $ 20,661 100 %

INVESTMENTS AND FAIR VALUE ME30

INVESTMENTS AND FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair value of cash equivalents and marketable securities	The Company’s fair value hierarchy for its cash equivalents, marketable securities and derivative instruments, including contingent consideration, as of March 31, 2017 and December 31, 2016, respectively, was as follows: (in thousands) March 31, 2017 Level 1 Level 2 Level 3 Total Money market securities $ 16 $ — $ — $ 16 Total assets $ 16 $ — $ — $ 16 Derivative instrument payable $ — $ 434 $ — $ 434 Contingent consideration — — 42 42 Total liabilities $ — $ 434 $ 42 $ 476 December 31, 2016 Level 1 Level 2 Level 3 Total Money market securities $ 16 $ — $ — $ 16 Total assets $ 16 $ — $ — $ 16 Derivative instrument payable $ — $ 467 $ — $ 467 Contingent consideration — — 103 103 Total liabilities $ — $ 467 $ 103 $ 570
Schedule of Fair Value Measurements Using Significant Unobservable	(in thousands) Fair Value Measurements Using Significant Unobservable Inputs (Level 3) Contingent Consideration Balance at December 31, 2016 $ 103 Payments (61) Quarterly fair value adjustments — Balance at March 31, 2017 $ 42

LOSS PER COMMON SHARE (Tables)

LOSS PER COMMON SHARE (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
LOSS PER COMMON SHARE	Accordingly, diluted net loss per share is the same as basic net loss per share for the three months ended March 31, 2017 and 2016. (in thousands, except share and per share amounts) For the Three Months Ended March 31, 2017 2016 Net loss $ (3,854) $ (2,668) Basic and diluted weighted average number of shares outstanding 20,949,251 20,878,549 Basic and diluted loss per common share $ (0.18) $ (0.13)

CAPITALIZED INTEREST (Tables)

CAPITALIZED INTEREST (Tables)	3 Months Ended
	Mar. 31, 2017
Capitalized Interest [Abstract]
Components of Interest Expense and Capitalized Interest	The cost of constructing facilities, equipment and project assets includes interest costs incurred during the assets’ construction period. The components of interest expense and capitalized interest are as follows: For the Three Months Ended (in thousands) March 31, 2017 2016 Interest cost incurred $ 120 $ 123 Interest cost capitalized - property and equipment (4) — Interest expense, net $ 116 $ 123

WORKING CAPITAL LINE OF CREDIT

WORKING CAPITAL LINE OF CREDIT (Tables)	3 Months Ended
	Mar. 31, 2017
Line Of Credit Facility [Abstract]
Schedule of Line of Credit Facilities	During the period ended March 31, 2017, the Company’s wholly owned subsidiary, CUI, Inc., maintained a two-year revolving Line of Credit (LOC) with Wells Fargo Bank with the following terms: (in thousands) Credit Limit March 31, 2017 Balance Expiration Date Interest rate $ 4,000 $ — October 1, 2018 Fixed rate at 1.75% above the LIBOR in effect on the first day of the applicable fixed-rate term, or Variable rate at 1.75% above the daily one-month LIBOR rate
Schedule Of Collateral Security Agreement	The line of credit is secured by the following collateral via a security agreement with CUI Inc. at March 31, 2017: (in thousands) CUI Inc. General intangibles, net $ 9,036 CUI Inc. Accounts receivable, net $ 5,714 CUI Inc. Inventory, net $ 8,913 CUI Inc. Equipment, net $ 855

ACCUMULATED OTHER COMPREHENSI34

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	3 Months Ended
	Mar. 31, 2017
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive income (loss) are as follows: (in thousands) As of March 31, As of December 31, 2017 2016 Foreign currency translation adjustment $ (5,301) $ (5,590) Accumulated other comprehensive income (loss) $ (5,301) $ (5,590)

CAPITAL LEASES (Tables)

CAPITAL LEASES (Tables)	3 Months Ended
	Mar. 31, 2017
Leases [Abstract]
Schedule of Capital Leased Assets	The following is an analysis of the leased property under capital leases by major classes as of March 31, 2017 and December 31, 2016: Asset Balances at March 31, December 31, (in thousands) 2017 2016 Classes of Property Motor vehicles $ 60 $ 98 Equipment 19 19 Less: Accumulated depreciation (41) (65) $ 38 $ 52
Schedule of Capital Lease Current and Long Term Portion	The following summarizes the current and long-term portion of capital leases as of March 31, 2017 and December 31, 2016: (in thousands) Liability Balances at March 31, December 31, 2017 2016 Current leases payable $ 26 $ 28 Long-term leases payable 12 12 $ 38 $ 40

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	3 Months Ended
	Mar. 31, 2017
Notes Payable [Abstract]
Schedule of Notes Payable	Notes payable is summarized as follows as of March 31, 2017 and December 31, 2016: March 31, December 31, (in thousands) 2017 2016 Mortgage note payable (1) $ 3,417 $ 3,439 Acquisition Note Payable - related party (2) 5,304 5,304 Ending balance $ 8,721 $ 8,743 (1) On October 1, 2013, the funding of the purchase of the Company’s Tualatin, Oregon corporate offices from Barakel, LLC was completed. The purchase price for this asset was $ 5.1 3.7 22 3.4 90 3.3 (2) The note payable to International Electronic Devices, Inc. (formerly CUI, Inc.) is associated with the acquisition of CUI, Inc. The promissory note is due May 15, 2020 5 0.001

OTHER EQUITY TRANSACTIONS (Tabl

OTHER EQUITY TRANSACTIONS (Tables)	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	The following shares issued during 2017 were recorded in expense or prepaid asset using the grant-date fair value of the stock: Expense/ Stock Total no. Date of Type of Prepaid/ issuance Reason for of Grant date fair value recorded at issuance issuance issuance Cash recipient issuance shares (in thousands) January 2017 Vested restricted common stock Expensed Four board members Director compensation 7,448 $ 50 January and February 2017 Common stock Expensed Two Employees Approved bonus 24,578 168 (1) January 2017 Common stock Expensed Related party Q4 Royalty Fee 1,233 8 (1) January and February 2017 Common stock Expensed Two Employees Cashless stock option exercises 245 — (2) 33,504 $ 226 (3) (1) Bonuses and royalty were accrued and expensed in 2016 (2) The Company received $— for the issuance in the cashless option exercises. (3) Does not include stock expense of $ 41

NATURE OF OPERATIONS AND BASI38

NATURE OF OPERATIONS AND BASIS OF PRESENTATION - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)SegmentsSubsidiariesCategories	Mar. 31, 2016USD ($)
Business Description and Basis Of Presentation [Line Items]
Foreign Currency Transaction Gain (Loss), Unrealized | $	$ 176	$ (64)
Number of Operating Segments | Segments	2
Number of Subsidiaries In Operating Segments | Subsidiaries	3
Number of Categories In Product Offerings | Categories	2
Orbital Gas Systems Limited
Business Description and Basis Of Presentation [Line Items]
Capital Stock Acquired Percentage	100.00%

INVENTORIES - Additional Inform

INVENTORIES - Additional Information (Detail) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Accrued Inventory Payable	$ 1.1	$ 1.1

INVENTORIES (Detail)

INVENTORIES (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Inventory [Line Items]
Finished goods	$ 10,076	$ 9,684
Raw materials	3,372	3,357
Work-in -process	899	935
Inventory reserves	(956)	(774)
Total inventories	$ 13,391	$ 13,202

GOODWILL AND INDEFINITE-LIVED41

GOODWILL AND INDEFINITE-LIVED INTANGIBLES - Additional Information (Detail) - USD ($)	1 Months Ended
	May 31, 2016	Mar. 31, 2017
Indefinite-Lived Intangible Assets (Excluding Goodwill)		$ 7,300,000
Goodwill, Impairment Loss	$ 0
Minimum Percentage of Fair Value of Goodwill	5.00%

GOODWILL AND INDEFINITE-LIVED42

GOODWILL AND INDEFINITE-LIVED INTANGIBLES (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Balance, December 31, 2016	$ 20,125
Currency translation adjustments	92
Balance, March 31, 2017	20,217
Power and Electro - Mechanical Segment
Balance, December 31, 2016	13,083
Currency translation adjustments	6
Balance, March 31, 2017	13,089
Energy Segment
Balance, December 31, 2016	7,042
Currency translation adjustments	86
Balance, March 31, 2017	7,128
Other Segment
Balance, December 31, 2016	0
Currency translation adjustments	0
Balance, March 31, 2017	$ 0

INVESTMENT AND NOTE RECEIVABLE

INVESTMENT AND NOTE RECEIVABLE - Additional Information (Detail) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Investment Income, Interest	$ 4,000	$ 5,000
Proceeds from Collection of Notes Receivable	19,000	$ 0
Interest Rate On Note Receivable		5.00%
Allowance for Notes, Loans and Financing Receivable, Current	$ 0
Test Products International Inc [Member]
Equity Method Investment, Ownership Percentage		8.50%
Notes Receivable, Related Parties		$ 400,000

DERIVATIVE INSTRUMENTS - Additi

DERIVATIVE INSTRUMENTS - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Gain (Loss) on Investments [Line Items]
Unrealized Gain (Loss) on Derivatives	$ 33	$ (108)
Derivative, Swaption Interest Rate	1.00%
Derivatives Swap Maturity Date	10 years

STOCK-BASED PAYMENTS FOR COMP45

STOCK-BASED PAYMENTS FOR COMPENSATION, SERVICES AND ROYALTIES - Additional information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated Share-based Compensation Expense	$ 91	$ 300
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0

SEGMENT REPORTING - Additional

SEGMENT REPORTING - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	100.00%	100.00%
Cost of Revenue
Segment Reporting Information [Line Items]
Cost of Goods Sold, Depreciation, Depletion and Amortization	$ 148	$ 99
Power and Electro-Mechanical Segment | Sales Revenue, Net
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	77.00%	63.00%
Energy Segment [Member] | Sales Revenue, Net
Segment Reporting Information [Line Items]
Concentration Risk, Percentage	23.00%	37.00%

SEGMENT REPORTING - Segment Act

SEGMENT REPORTING - Segment Activity (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017		Mar. 31, 2016		Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues from external customers	$ 17,844		$ 20,661
Depreciation and amortization	700	[1]	707	[2]
Interest expense	116		123
Loss from operations	(4,010)		(2,324)
Segment assets	78,903		87,360		$ 79,843
Other intangibles assets, net	15,867		18,142		16,201
Goodwill	20,217		21,291		20,125
Expenditures for long-lived assets	269	[3]	384	[4]
Power and Electro Mechanical
Segment Reporting Information [Line Items]
Revenues from external customers	13,662		13,052
Depreciation and amortization	381	[1]	335	[2]
Interest expense	54		55
Loss from operations	(534)		(337)
Segment assets	49,414		49,810
Other intangibles assets, net	9,082		9,521
Goodwill	13,089		13,089
Expenditures for long-lived assets	204	[3]	274	[4]
Energy
Segment Reporting Information [Line Items]
Revenues from external customers	4,182		7,609
Depreciation and amortization	319	[1]	371	[2]
Interest expense	0		2
Loss from operations	(2,264)		(95)
Segment assets	29,180		37,075
Other intangibles assets, net	6,785		8,620
Goodwill	7,128		8,202		7,042
Expenditures for long-lived assets	65	[3]	110	[4]
Other
Segment Reporting Information [Line Items]
Revenues from external customers	0		0
Depreciation and amortization	0	[1]	1	[2]
Interest expense	62		66
Loss from operations	(1,212)		(1,892)
Segment assets	309		475
Other intangibles assets, net	0		1
Goodwill	0		0		$ 0
Expenditures for long-lived assets	$ 0	[3]	$ 0	[4]
[1]	For the Power and Electromechanical segment, depreciation and amortization include $148 thousand which were included in cost of revenues in the Condensed Consolidated Statements of Operations.
[2]	For the Power and Electromechanical segment, depreciation and amortization totals for the three months ended March 31, 2016, include $99 thousand, which were classified as cost of revenues in the Condensed Consolidated Statements of Operations.
[3]	Includes purchases of property, plant and equipment and the investment in other intangible assets.
[4]	Includes purchases of property plant and equipment and the investment in other intangible assets.

SEGMENT REPORTING - Revenue By

SEGMENT REPORTING - Revenue By Country (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Revenue By Country [Line Items]
Revenues	$ 17,844	$ 20,661
Concentration Risk, Percentage	100.00%	100.00%
USA
Revenue By Country [Line Items]
Revenues	$ 10,113	$ 10,568
Concentration Risk, Percentage	57.00%	51.00%
United Kingdom
Revenue By Country [Line Items]
Revenues	$ 3,083	$ 4,605
Concentration Risk, Percentage	17.00%	22.00%
All Others
Revenue By Country [Line Items]
Revenues	$ 4,648	$ 5,488
Concentration Risk, Percentage	26.00%	27.00%

INVESTMENTS AND FAIR VALUE ME49

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Additional Information (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Contingent Consideration Classified as Equity [Member]
Payments On Contingent Consideration	$ 61

INVESTMENTS AND FAIR VALUE ME50

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Fair Value Hierarchy for Cash Equivalents and Marketable Securities (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	$ 16	$ 16
Liabilites, Fair value disclosure	476	570
Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	42	103
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	16	16
Liabilites, Fair value disclosure	0	0
Fair Value, Inputs, Level 1 | Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	0	0
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	0	0
Liabilites, Fair value disclosure	434	467
Fair Value, Inputs, Level 2 | Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	0	0
Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	0	0
Liabilites, Fair value disclosure	42	103
Fair Value, Inputs, Level 3 | Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	42	103
Money market securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	16	16
Money market securities | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	16	16
Money market securities | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	0	0
Money market securities | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair value disclosure	0	0
Derivative instrument payable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	434	467
Derivative instrument payable | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	0	0
Derivative instrument payable | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	434	467
Derivative instrument payable | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilites, Fair value disclosure	$ 0	$ 0

INVESTMENTS AND FAIR VALUE ME51

INVESTMENTS AND FAIR VALUE MEASUREMENTS - Contingent consideration (Detail) - Fair Value, Inputs, Level 3 [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2016	$ 103
Payment	(61)
Quarterly fair value adjustment	0
Balance at March 31, 2017	$ 42

LOSS PER COMMON SHARE - Additio

LOSS PER COMMON SHARE - Additional Information (Detail) - shares shares in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share Disclosure [Line Items]
Options nonvested excluded from computation of diluted earnings per share	1	1

LOSS PER COMMON SHARE - Calcula

LOSS PER COMMON SHARE - Calculation of Basic and Diluted Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net loss	$ (3,854)	$ (2,668)
Basic and diluted weighted average number of shares outstanding (in shares)	20,949,251	20,878,549
Basic and diluted loss per common share (in dollars per share)	$ (0.18)	$ (0.13)

CAPITALIZED INTEREST - Componen

CAPITALIZED INTEREST - Components of interest expense and capitalized interest (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Capitalized Interest [Line Items]
Interest cost incurred	$ 120	$ 123
Interest cost capitalized - property and equipment	(4)	0
Interest expense, net	$ 116	$ 123

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Line Items]
Provision (benefit) for taxes	$ (226)	$ 145
Effective income tax rate	5.54%	5.75%

WORKING CAPITAL LINE OF CREDI56

WORKING CAPITAL LINE OF CREDIT - Additional Information (Detail) $ in Millions	Mar. 31, 2017USD ($)
Revolving Credit Facility [Member] | CUI, Inc [Member]
Line of Credit Facility [Line Items]
Capital expenditures, exceed limit	$ 1.2

WORKING CAPITAL LINE OF CREDI57

WORKING CAPITAL LINE OF CREDIT - Revolving Line Of Credit (Detail) - Wells Fargo Bank [Member] $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 4,000
Line of Credit Facility, Maximum Amount Outstanding During Period	$ 0
Line of Credit Facility, Expiration Date	Oct. 1, 2018
Line of Credit Facility, Interest Rate Description	Fixed rate at 1.75% above the LIBOR in effect on the first day of the applicable fixed-rate term, or Variable rate at 1.75% above the daily one-month LIBOR rate

WORKING CAPITAL LINE OF CREDI58

WORKING CAPITAL LINE OF CREDIT - Security Agreement (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016	Mar. 31, 2016
General intangibles, net	$ 15,867	$ 16,201	$ 18,142
Inventory, net	13,391	13,202
Equipment, net	11,057	$ 10,952
CUI, Inc [Member]
General intangibles, net	9,036
Accounts receivable, net	5,714
Inventory, net	8,913
Equipment, net	$ 855

ACCUMULATED OTHER COMPREHENSI59

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) - Components of accumulated other comprehensive income (loss) (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Accumulated other comprehensive gain (loss) [Line Items]
Foreign currency translation adjustment	$ (5,301)	$ (5,590)
Accumulated other comprehensive income (loss)	$ (5,301)	$ (5,590)

CAPITAL LEASES - Analysis of Le

CAPITAL LEASES - Analysis of Leased Property Under Capital Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Analysis of the leased property under capital leases [Line Items]
Less: Accumulated depreciation	$ (41)	$ (65)
Capital leases, balance sheet, assets by major class, net, total	38	52
Motor Vehicles
Analysis of the leased property under capital leases [Line Items]
Capital leased assets, gross	60	98
Equipment
Analysis of the leased property under capital leases [Line Items]
Capital leased assets, gross	$ 19	$ 19

CAPITAL LEASES - Current and Lo

CAPITAL LEASES - Current and Long Term Portion of Capital Leases (Detail) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Capital Lease current and long term portion [Line Items]
Current leases payable	$ 26	$ 28
Long-term leases payable	12	12
Total leases payable	$ 38	$ 40

NOTES PAYABLE - Additional Info

NOTES PAYABLE - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Oct. 01, 2013	Mar. 31, 2017	Dec. 31, 2016
Notes Payable Convertible Notes Payable and Convertible Notes Payable Related Parties [Line Items]
Debt instrument, annual principal payment		$ 22
Mortgage promissory note payable		3,400
Long-term Debt, Current Maturities		90
Long term mortgage note payable		$ 3,300
Common Stock, Par or Stated Value Per Share		$ 0.001	$ 0.01
Tualatin, Oregon Corporate Office Acquisition
Notes Payable Convertible Notes Payable and Convertible Notes Payable Related Parties [Line Items]
Purchase of real estate property	$ 5,100
Debt instrument, description of variable rate basis	2% above LIBOR
Mortgage promissory note payable	$ 3,700
International Electronic Devices, Inc.
Notes Payable Convertible Notes Payable and Convertible Notes Payable Related Parties [Line Items]
Debt maturity date		May 15, 2020
Interest accrues rate		5.00%
Common Stock, Par or Stated Value Per Share		$ 0.001

NOTES PAYABLE - Summary of Note

NOTES PAYABLE - Summary of Notes Payable (Detail) - USD ($) $ in Thousands		Mar. 31, 2017	Dec. 31, 2016
Schedule Of Notes Payable Convertible Notes Payable and Convertible Notes Payable Related Parties [Line Items]
Acquisition Note Payable - related party		$ 5,304	$ 5,304
Convertible notes payable
Schedule Of Notes Payable Convertible Notes Payable and Convertible Notes Payable Related Parties [Line Items]
Mortgage note payable	[1]	3,417	3,439
Acquisition Note Payable - related party	[2]	5,304	5,304
Ending Balance		$ 8,721	$ 8,743
[1]	On October 1, 2013, the funding of the purchase of the Company’s Tualatin, Oregon corporate offices from Barakel, LLC was completed. The purchase price for this asset was $5.1 million. The purchase was funded, in part, by a promissory note payable to Wells Fargo Bank in the amount of $3.7 million plus interest at the rate of 2% above LIBOR, payable over ten years with a balloon payment due at maturity. It was secured by a deed of trust on the purchased property which was executed by CUI Properties, LLC and guaranteed by CUI Global, Inc. During the three months ended March 31, 2017, the Company made principal payments of $22 thousand against the mortgage promissory note payable. At March 31, 2017, the balance owed on the mortgage promissory note payable was $3.4 million, of which $90 thousand and $3.3 million were in current and long-term liabilities, respectively. See Note 13, Working Capital Line of Credit for more information on the Company’s debt covenants.
[2]	The note payable to International Electronic Devices, Inc. (formerly CUI, Inc.) is associated with the acquisition of CUI, Inc. The promissory note is due May 15, 2020 and includes a 5% interest rate per annum, with interest payable monthly and the principal due as a balloon payment at maturity. The note contains a contingent conversion feature, such that in the event of default on the note the holder of the note can, at the holder’s option, convert the note principal into common stock at $0.001 per share. As of March 31, 2017, the Company is in compliance with all terms of this promissory note and the conversion feature is not effective.

CONCENTRATIONS - Additional Inf

CONCENTRATIONS - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Concentration Risk [Line Items]
Concentration risk, percentage	100.00%	100.00%
United Kingdom
Concentration Risk [Line Items]
Concentration risk, percentage	17.00%	22.00%
Sales Revenue
Concentration Risk [Line Items]
Concentration risk, percentage		33.00%
Sales Revenue | DigiKey Electronics in Power and Electro Mechanical Segment
Concentration Risk [Line Items]
Concentration risk, percentage	24.00%	21.00%
Sales Revenue | National Grid in the Energy Segment
Concentration Risk [Line Items]
Concentration risk, percentage		12.00%
Sales Revenue | United Kingdom
Concentration Risk [Line Items]
Concentration risk, percentage	17.00%	22.00%
Accounts Receivable
Concentration Risk [Line Items]
Concentration risk, percentage	26.00%		30.00%
Gross trade accounts receivable from continuing operations	$ 10.2		$ 9.5
Accounts Receivable | DigiKey Electronics in Power and Electro Mechanical Segment
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%
Accounts Receivable | National Grid in the Energy Segment
Concentration Risk [Line Items]
Concentration risk, percentage	16.00%		10.00%
Accounts Receivable | United Kingdom
Concentration Risk [Line Items]
Concentration risk, percentage	28.00%		27.00%
Purchases Concentration | Supplier Concentration Risk
Concentration Risk [Line Items]
Concentration risk, percentage		10.00%

OTHER EQUITY TRANSACTIONS - Add

OTHER EQUITY TRANSACTIONS - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2017USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 41,000
Cashless Option Exercise [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation	$ 0

OTHER EQUITY TRANSACTIONS - Pre

OTHER EQUITY TRANSACTIONS - Prepaid Asset Using Grant-Date-Fair Value (Detail) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross | shares	33,504
Stock Issued During Period, Value, Share-based Compensation, Gross | $	$ 226	[1]
Vested Restricted Common Stock One [Member] | Director Compensation [Member] | Four Board [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross | shares	7,448
Stock Issued During Period, Value, Share-based Compensation, Gross | $	$ 50
Date Of Issuance	January 2,017
Common Stock One [Member] | Approved Bonus [Member] | Two Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross | shares	24,578
Stock Issued During Period, Value, Share-based Compensation, Gross | $	$ 168	[2]
Date Of Issuance	January and February 2017
Common Stock Two [Member] | Pursuant To Royalty Agreement [Member] | Related Party [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross | shares	1,233
Stock Issued During Period, Value, Share-based Compensation, Gross | $	$ 8	[2]
Date Of Issuance	January 2,017
Common Stock Three [Member] | Cashless stock option exercise [Member] | Two Employees [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Issued During Period, Shares, Share-based Compensation, Gross | shares	245
Stock Issued During Period, Value, Share-based Compensation, Gross | $	$ 0	[3]
Date Of Issuance	January and February 2017
[1]	Does not include stock expense of $41 thousand included in accrued liabilities at March 31, 2017.
[2]	Bonuses and royalty were accrued and expensed in 2016
[3]	The Company received $— for the issuance in the cashless option exercises.