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Note 7 - Intangible Assets, Net

3 Months Ended

Mar. 31, 2021

Intangible Assets Disclosure [Text Block]

NOTE 7: INTANGIBLE ASSETS, NET

			Three months ended March 31, 2021 (unaudited)						Year ended December 31, 2020
	Weighted average amortization period (years)		Gross carrying amount		Accumulated amortization		Net		Gross carrying amount		Accumulated amortization		Net

Intangible assets –amortizable:

Intangible assets related to the acquisition of Hillcrest Labs business
Customer relationships		4.4	$	3,518	$	1,479	$	2,039	$	3,518	$	1,262	$	2,256
Customer backlog		0.5		72		72		—		72		72		—
Core technologies		7.5		2,475		563		1,912		2,475		480		1,995

Intangible assets related to an investment in Immervision
Core technologies		6.4		7,063		1,851		5,212		7,063		1,575		5,488

Intangible assets related to an investment in NB-IoT technologies
NB-IoT technologies (*)		7.0		1,961		934		1,027		1,961		864		1,097

Total intangible assets			$	15,089	$	4,899	$	10,190	$	15,089	$	4,253	$	10,836

(*) 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, 2021. 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:

2021	$	1,936
2022		2,581
2023		1,906
2024		1,852
2025		1,563
2026 and thereafter		352
	$	10,190