Table:
|  | As of December 31, |  |
| --- | --- | --- |
|  | 2019 | 2018 |
|  | (in thousands) |  |
| Prepaid income taxes | $— | $5,429 |
| Other prepaid expenses and other current assets | 288 | 1,151 |
|  | $288 | $6,580 |
Paragraphs:
NOTE 4 - PREPAID EXPENSES AND OTHER CURRENT ASSETS & PATENTS AND INTANGIBLE ASSETS
Prepaid Expenses and Other Current Assets
The components of prepaid expenses and other current assets are as presented below:
During 2019, tax refunds from the Internal Revenue Service of $5.0 million were received for the prepayment made during 2018.
Question:
What is the average value of total paid expenses and other current assets in 2018 and 2019?
Answer: (288 + 6580)/2  = 3434