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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 9:-INTANGIBLE ASSETS, NET

a.The following table shows the Company's intangible assets for the periods presented:

Weighted Average

Useful life

December 31,

(Years)

2020

2019

Original Cost:

 

Technology

3.8

$

9,111

$

9,111

Backlog

2.8

1,877

1,877

Customer relationships

4.4

3,592

3,592

IP R&D

6

3,659

3,659

 

$

18,239

$

18,239

Accumulated amortization:

 

Technology

$

9,111

$

9,111

Backlog

1,877

1,877

Customer relationships

3,592

3,592

IP R&D

915

305

 

$

15,495

$

14,885

 

Amortized cost

$

2,744

$

3,354

F - 34


ALLOT LTD.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS


U.S. dollars in thousands, except share and per share data

NOTE 9:-INTANGIBLE ASSETS, NET (Cont.)

b.Amortization expense for the years ended December 31, 2020, 2019 and 2018 were $ 610, $ 1,607 and $ 1,631, respectively.

c.Estimated amortization expense for the years ending:

Year ending December 31,

 

2021

610

2022

610

2023

610

Thereafter

914

 

Total

2,744