Note 9 - Other Intangible Assets

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE 9. OTHER INTANGIBLE ASSETS

Other intangible assets consisted of the following (in thousands):

	Balance at December 31, 2021
			Accumulated
	Gross		Amortization			Net
Indefinite-lived intangible assets
Trade names	$	2,080	$	—		$	2,080
Amortizable intangible assets
Customer relationships	$	290	$	(7	)	$	283
Trade secrets / product formulations		2,890		(53	)		2,837
Total other intangible assets	$	5,260	$	(60	)	$	5,200

	Balance at March 31, 2022
			Accumulated
	Gross		Amortization			Net
Indefinite-lived intangible assets
Trade names	$	2,080	$	—		$	2,080
Amortizable intangible assets
Customer relationships	$	290	$	(17	)	$	273
Trade secrets / product formulations		2,890		(134	)		2,756
Total other intangible assets	$	5,260	$	(151	)	$	5,109

Amortization expense was $91 thousand and $0 for the three months ended March 31, 2022 and 2021, respectively. Based on the amortizable intangible assets as of March 31, 2022, future amortization expenses were as follows (in thousands):

2022	$	272
2023		363
2024		363
2025		363
2026		363
Thereafter		1,305
Total	$	3,029