v3.19.1
Intangible Assets
 3 Months Ended
Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

NOTE 8. Intangible Assets

The Company’s definite-lived intangible assets arose from the acquisition of OneClick.  These assets and related accumulated amortization consisted of the following as of the dates presented (in thousands):

 

 

 

March 31,

2019

(unaudited)

 

 

December 31,

2018

 

Tradenames

 

$

938

 

 

$

938

 

Covenants Not To Compete

 

 

258

 

 

 

258

 

Domain Name

 

 

2

 

 

 

2

 

Subtotal

 

 

1,198

 

 

 

1,198

 

Less accumulated amortization

 

 

(378

)

 

 

(315

)

Total

 

$

820

 

 

$

883

 

 

Amortization expense for the three months ended March 31, 2019 and 2018 amounted to $63,000 and $63,000, respectively.  The OneClick trade name is being amortized over 60 months and the covenants not to compete are being amortized over 48 months.  Amortization expense for the years ending December 31, 2019 through 2022 will be $252,000, $252,000, $236,000 and $143,000.