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INTANGIBLE ASSETS, NET
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 6: INTANGIBLE ASSETS, NET

 

            Three months ended March 31, 2018      Year ended December 31, 2017  
     Weighted
Average
Amortization
Period (Years)
     Gross
Carrying
Amount
     Accumulated
Amortization
     Net      Gross
Carrying
Amount
     Accumulated
Amortization
     Net  

Intangible assets – amortizable:

                    

Customer relationships

     4.5      $ 272      $ 227      $ 45      $ 272      $ 211      $ 61  

Customer backlog

     1.5        93        93        —          93        93        —    

Core technologies

     5.1        5,796        4,325        1,471        5,796        4,115        1,681  

NB-IoT technologies (*)

     7.0        2,200        133        2,067        —          —          —    
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Total intangible assets

      $ 8,361      $ 4,778      $ 3,583      $ 6,161      $ 4,419      $ 1,742  
     

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(*) During the first quarter of 2018, the Company entered into an agreement to acquire certain NB-IoT technologies to be used in the Company’s research and development activities in the amount of $2,800, of which $600 has not been received. Of the $2,200, $1,350 has not resulted in cash outflows as of March 31, 2018.

Future estimated annual amortization charges are as follows:

 

2018

     883  

2019

     1,154  

2020

     314  

2021

     314  

2022

     314  

2023

     314  

2024

     290  
  

 

 

 
   $ 3,583