Note 7 - Intangible Assets

12 Months Ended

Dec. 31, 2017

NOTE

INTANGIBLE ASSETS

The following table shows the Company

’s intangible assets for the periods presented:

	Useful life		December 31,
	(years)		201 7		2016

Cost:


Technology (completion of the development of in-process R&D)		6		7,702		7,702
Distribution agreement		5		2,086		2,086
Non-competition agreement		3		519		519

				10,307		10,307
Accumulated amortization:


Technology (completion of the development of in-process R&D)				6,418		5,134
Distribution agreement				591		174
Non-competition agreement				519		519

				7,528		5,827






Amortized cost			$	2,779	$	4,480

Amortization expenses amounted to

$1,700,

$1,457

and

$1,284

for the years ended

December 31, 2017,

2016

and

2015,

respectively.

Estimated amortization expenses for the years ending: