XML 25 R15.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 8 - Intangible Assets, Net | 9 Months Ended
--- | ---
Sep. 30, 2021
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] | NOTE 8: INTANGIBLE ASSETS, NET
|  |  |  |  |  | Nine months ended September 30, 2021 (unaudited) |  |  | Year ended December 31, 2020 |
|  | Weighted average amortization p eriod (years) |  |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net |  |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net |
Intangible assets –amortizable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible assets related to the acquisition of Intrinsix (estimated) (*) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 5.5 |  |  | $ | 4,820 |  |  | $ | 292 |  |  | $ | 4,528 |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Customer backlog |  |  | 1.5 |  |  |  | 262 |  |  |  | 58 |  |  |  | 204 |  |  |  | — |  |  |  | — |  |  |  | — |
Patents |  |  | 5.0 |  |  |  | 218 |  |  |  | 15 |  |  |  | 203 |  |  |  | — |  |  |  | — |  |  |  | — |
Intangible assets related to the acquisition of Hillcrest Labs business |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 4.4 |  |  |  | 3,518 |  |  |  | 1,913 |  |  |  | 1,605 |  |  |  | 3,518 |  |  |  | 1,262 |  |  |  | 2,256 |
Customer backlog |  |  | 0.5 |  |  |  | 72 |  |  |  | 72 |  |  |  | — |  |  |  | 72 |  |  |  | 72 |  |  |  | — |
Core technologies |  |  | 7.5 |  |  |  | 2,475 |  |  |  | 728 |  |  |  | 1,747 |  |  |  | 2,475 |  |  |  | 480 |  |  |  | 1,995 |
Intangible assets related to an investment in Immervision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Core technologies |  |  | 6.4 |  |  |  | 7,063 |  |  |  | 2,403 |  |  |  | 4,660 |  |  |  | 7,063 |  |  |  | 1,575 |  |  |  | 5,488 |
Intangible assets related to an investment in NB-IoT technologies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NB-IoT technologies (**) |  |  | 7.0 |  |  |  | 1,961 |  |  |  | 1,074 |  |  |  | 887 |  |  |  | 1,961 |  |  |  | 864 |  |  |  | 1,097 |
Total intangible assets |  |  |  |  |  | $ | 20,389 |  |  | $ | 6,555 |  |  | $ | 13,834 |  |  | $ | 15,089 |  |  | $ | 4,253 |  |  | $ | 10,836 |
(*) The estimated fair values are preliminary and based on information that was available as of the closing date (see Note 3). (**) 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 have not been received. Of the $2,200, $210 has not resulted in cash outflows as of September 30, 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 |  | $ | 918 |
2022 |  |  | 3,661 |
2023 |  |  | 2,826 |
2024 |  |  | 2,772 |
2025 |  |  | 2,483 |
2026 and thereafter |  |  | 1,174 |
|  | $ | 13,834 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration