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Note 8 - Intangible Assets, Net | 6 Months Ended
--- | ---
Jun. 30, 2023
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] |
NOTE 8: | GOODWILL AND INTANGIBLE ASSETS, NET
| (a) | Goodwill:
| Changes in goodwill are as follows:
|  | June 30, 2023 (unaudited) |  |  | December 31, 2022 |
Balance as of January 1, |  | $ | 74,777 |  |  | $ | 74,777 |
Acquisition |  |  | 1,994 |  |  |  | — |
Balance as of June 30, |  | $ | 76,771 |  |  | $ | 74,777 |
| (b) | Intangible assets:
NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS- CONTINUED
|  |  |  |  |  | June 30, 2023 (unaudited) |  |  | December 31, 2022 |
|  | Weighted average amortization period (years) |  |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Impairment (*) |  |  | Net |  |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Impairment (*) |  |  | Net |
Intangible assets –amortizable: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Intangible assets related to the acquisition of VisiSonics business |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 4.0 |  |  | $ | 432 |  |  | $ | 18 |  |  | $ | — |  |  | $ | 414 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Technologies |  |  | 5.0 |  |  |  | 1,174 |  |  |  | 39 |  |  |  | — |  |  |  | 1,135 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Intangible assets related to the acquisition of Intrinsix business |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 5.5 |  |  | $ | 3,604 |  |  | $ | 1,365 |  |  | $ | — |  |  | $ | 2,239 |  |  | $ | 3,604 |  |  | $ | 1,037 |  |  | $ | — |  |  | $ | 2,567 |
Customer backlog |  |  | 1.5 |  |  |  | 421 |  |  |  | 421 |  |  |  | — |  |  |  | — |  |  |  | 421 |  |  |  | 421 |  |  |  | — |  |  |  | — |
Patents |  |  | 5.0 |  |  |  | 218 |  |  |  | 91 |  |  |  | — |  |  |  | 127 |  |  |  | 218 |  |  |  | 69 |  |  |  | — |  |  |  | 149 |
Core technologies |  |  | 3.0 |  |  |  | 3,329 |  |  |  | 2,312 |  |  |  | — |  |  |  | 1,017 |  |  |  | 3,329 |  |  |  | 1,757 |  |  |  | — |  |  |  | 1,572 |
Intangible assets related to the acquisition of Hillcrest Labs business |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  |  | 4.4 |  |  | $ | 3,518 |  |  | $ | 3,110 |  |  | $ | — |  |  | $ | 408 |  |  | $ | 3,518 |  |  | $ | 2,998 |  |  | $ | — |  |  | $ | 520 |
Customer backlog |  |  | 0.5 |  |  |  | 72 |  |  |  | 72 |  |  |  | — |  |  |  | — |  |  |  | 72 |  |  |  | 72 |  |  |  | — |  |  |  | — |
R&D Tools |  |  | 7.5 |  |  |  | 2,475 |  |  |  | 1,305 |  |  |  | — |  |  |  | 1,170 |  |  |  | 2,475 |  |  |  | 1,140 |  |  |  | — |  |  |  | 1,335 |
Intangible assets related to Immervision assets acquisition |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
R&D Tools |  |  | 6.4 |  |  | $ | 7,063 |  |  | $ | 3,507 |  |  | $ | 3,556 |  |  | $ | — |  |  | $ | 7,063 |  |  | $ | 3,507 |  |  | $ | 3,556 |  |  | $ | — |
Intangible assets related to an investment in NB-IoT technologies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
NB-IoT technologies |  |  | 7.0 |  |  | $ | 1,961 |  |  | $ | 1,564 |  |  | $ | — |  |  | $ | 397 |  |  | $ | 1,961 |  |  | $ | 1,424 |  |  | $ | — |  |  | $ | 537 |
Total intangible assets |  |  |  |  |  | $ | 24,267 |  |  | $ | 13,804 |  |  | $ | 3,556 |  |  | $ | 6,907 |  |  | $ | 22,661 |  |  | $ | 12,425 |  |  | $ | 3,556 |  |  | $ | 6,680 |
(*) During 2022, the Company recorded an impairment charge of $3,556 in operating expenses with respect to Immervision technology acquired in August 2019, as the Company has decided to cease the development of this product line. NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS- CONTINUED Future estimated annual amortization charges are as follows:
Reminder of 2023 |  | $ | 1,460 |
2024 |  |  | 2,252 |
2025 |  |  | 1,532 |
2026 |  |  | 1,299 |
2027 |  |  | 286 |
2028 |  |  | 78 |
|  | $ | 6,907 |

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