Investment In Partnerships

12 Months Ended

Dec. 31, 2019

Investment In Partnerships [Abstract]

Investment In Partnerships

7. INVESTMENT IN PARTNERSHIPS

Investment in partnerships consisted of the following:

		December 31,		December 31,
		2019		2018
Investment in Signison	$	852	$	865
Investment in and cash advance for Soundperience		-		1,022
Other		308		204
Total	$	1,160	$	2,091

The Company has a 50% ownership interest in Signison as of December 31, 2019. Signison is accounted for in the Company’s consolidated financial statements using the equity method.

As of December 31, 2018, the Company held a 49% ownership interest in Soundperience, which was accounted for using the equity method. In January 2019, the Company purchased the source code for self-fitting software from Soundperience in exchange for 1,829 Euros, our 49% ownership in Soundperience and the related license agreement. See Note 10.