Note 7 - Intangible Assets, Net

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE

7:

INTANGIBLE ASSETS, NET

			T hree months ended March 3 1 , 201 9 (unaudited)						Year ended December 31, 201 8
	Weighted Average Amortization P eriod (years)		Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Intangible assets –amortizable:
Customer relationships		4.5	$	272	$	272	$	—	$	272	$	272	$	—
Customer backlog		1.5		93		93		—		93		93		—
Core technologies		5.1		5,796		5,165		631		5,796		4,955		841
NB-IoT technologies (*)		7.0		2,200		420		1,780		2,200		341		1,859
Total intangible assets			$	8,361	$	5,950	$	2,411	$	8,361	$	5,661	$	2,700

(*) During the

first

quarter of

2018,

the Company entered into an agreement to acquire certain NB-IoT technologies in the amount of

$2,800,

of which

$600

has

not

been received. Of the

$2,200,

$750

has

not

resulted in cash outflows as of

March 

31,

2019.

The Company recorded the amortization cost of the NB-IoT technologies in “cost of revenues” on the Company’s interim condensed consolidated statements of income (loss).

Future estimated annual amortization charges are as follows:

2019	$	866
2020		314
2021		314
2022		314
2023		314
2024		289
	$	2,411