v3.19.3

Intangible Assets | 9 Months Ended
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Sep. 30, 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):
|  | September 30, 2019 (unaudited) |  |  | December 31, 2018 |
Tradenames - OneClick |  | $ | 938 |  |  | $ | 938 |
Tradenames - Simply Mac |  |  | 2,092 |  |  |  | — |
Covenants Not To Compete |  |  | 258 |  |  |  | 258 |
Domain Name |  |  | 2 |  |  |  | 2 |
Subtotal |  |  | 3,290 |  |  |  | 1,198 |
Less accumulated amortization |  |  | (507 | ) |  |  | (315 | )
Total |  | $ | 2,783 |  |  | $ | 883 |
Amortization expense for the three and nine months ended September 30, 2019 amounted to $65,000 and $191,000, respectively. Amortization expense for the three and nine months ended September 30, 2018 amounted to $63,000 and $189,000, 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 these two assets for the years ending December 31, 2019 (remaining 3 months) through 2022 will be $63,000, $252,000, $236,000 and $143,000. The Simply Mac trade name is being amortized over 15 years at the rate of $139,000 per year.

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- 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
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