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INTANGIBLE ASSETS, NET
12 Months Ended
Dec. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 6:-INTANGIBLE ASSETS, NET

Intangible assets:

The following table sets forth the components of intangible assets:

 

 

 

December 31,

 

 

 

2021

 

 

2022

 

Original amounts:

 

 

 

 

 

 

Technology

 

$

4,325

 

 

$

6,679

 

Software development costs

 

 

2,879

 

 

 

2,879

 

 

 

 

 

 

 

 

 

 

 

 

 

7,204

 

 

 

9,558

 

 

 

 

 

 

 

 

 

 

Accumulated amortization:

 

 

 

 

 

 

 

 

Technology

    -       17  

Software development costs

 

 

930

 

 

 

1,333

 

 

 

 

 

 

 

 

 

 

      930       1,350  
                 

Net amounts:

 

 

 

 

 

 

 

 

Technology

 

 

4,325

 

 

 

6,662

 

Software development costs

 

 

1,949

 

 

 

1,546

 

 

 

 

 

 

 

 

 

 

Intangible assets, net

 

$

6,274

 

 

$

8,208

 

 

 

Technology includes mainly perpetual software licenses to be used in the Company's research and development activities. During 2022, the Company purchased $2,353 technology, out of which $551 was not resulted in cash flow outflows as of December 31, 2022. Some of the software license agreements provide a commitment of the Company for royalties payments upon future sales of the related developed products. Software development costs are amortized over 7 years and Technology costs are amortized over 5 to 10 years. Amortization expenses for the years ended December 31, 2020, 2021 and 2022 amounted to $393, $401 and $420 respectively.
 
The following table represents the expected amortization in future periods, as of December 31, 2022:
 
2023
   
587
 
2024
   
617
 
2025
   
1,389
 
2026
   
1,320
 
2027
   
969
 
2028 and thereafter
   
3,326
 
Total expected amortization
   
8,208