Note 14 - Impairment of Assets

9 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Asset Impairment Charges [Text Block]

NOTE 14: IMPAIRMENT OF ASSETS

During both the three and nine months ended September 30, 2022, the Company recorded an impairment charge of $3,556 in operating expenses with respect to Immervision technology acquired in August 2019, as the Company has decided to cease the development of this product line. During the same periods, the Company also recorded in cost of revenues an impairment charge of prepaid expenses as follows: (1) an impairment charge of $479 relating to an agreement to acquire certain NB-IoT technologies, and (2) an impairment charge of $1,479 relating to an agreement to purchase certain assets and services from Immervision.