NOTE

INTANGIBLE ASSETS, NET

			Three months ended March 3 1 , 20 20 (unaudited)						Year ended December 31, 201 9
	Weighted average amortization p eriod (years)		Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net
Intangible assets –amortizable:

Intangible assets related to the acquisition of RivieraWaves
Customer relationships		4.5	$	272	$	272	$	—	$	272	$	272	$	—
Customer backlog		1.5		93		93		—		93		93		—
Core technologies		5.1		5,796		5,796		—		5,796		5,796		—

Intangible assets related to the acquisition of Hillcrest Labs business
Customer relationships		4.4		3,518		611		2,907		3,518		395		3,123
Customer backlog		0.5		72		72		—		72		65		7
Core technologies		7.5		2,475		233		2,242		2,475		150		2,325

Intangible assets related to an investment in Immervision
Core technologies		6.4		7,063		748		6,315		7,063		472		6,591

Intangible assets related to an investment in NB-IoT technologies
NB-IoT technologies (*)		7.0		1,961		654		1,307		1,961		583		1,378

Total intangible assets			$	21,250	$	8,479	$	12,771	$	21,250	$	7,826	$	13,424

(*) 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, technologies valued at

$600

has

not

been received. Of the

$2,200,

$210

has

not

resulted in cash outflows as of

March

31,

2020.

In addition, the Company participated in programs sponsored by the Hong Kong government for the support of the above investment, and as a result, the Company received during

2019

an amount of

$239

related to the NB-IoT technologies, which was reduced from the gross carrying amount of intangible assets. 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:

2020	$	1,935
2021		2,582
2022		2,581
2023		1,906
2024		1,852
2025 and thereafter		1,915
	$	12,771