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Intangible Assets, Net
12 Months Ended
Dec. 31, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets, Net
Note 7 - Intangible Assets, Net
 
Intangible Assets:

 

   
Useful
   
December 31,
   
December 31,
 
   
Life
   
2024
   
2023
 
         
$ thousands
   
$ thousands
 
                   
Original amounts:
                 
Software development costs
 
5 – 10
     
15,263
     
13,096
 
Core technology
 
2 – 6
     
3,638
     
3,638
 
Customer relationship
 
2 – 5
     
1,209
     
1,209
 
Trademark
 
2
     
440
     
440
 
                       
           
20,550
     
18,383
 
                       
Accumulated amortization:
                     
Software development costs
         
2,441
     
1,889
 
Core technology
         
813
     
57
 
Customer relationship
         
268
     
19
 
Trademark
         
237
     
17
 
                       
           
3,759
     
1,982
 
                       
Other Intangible assets, net:
                     
Software development costs
         
12,822
     
11,207
 
Core technology
         
2,825
     
3,581
 
Customer relationship
         
941
     
1,190
 
Trademark
         
203
     
423
 
                       
Other Intangible assets, net:
         
16,791
     
16,401
 
 
The following table represents the expected amortization in future periods, as of December 31, 2024:

 

   
$ thousands
 
2025
   
1,726
 
2026
   
2,161
 
2027
   
2,186
 
2028
   
2,046
 
2029
   
1,670
 
2030 and thereafter
   
7,002
 
Total expected amortization
   
16,791
 
 
Amortization expenses for the years ended December 31, 2024, 2023 and 2022 amounted to $1,776 thousand $632 thousand and $420 thousand respectively.