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Note 2 - Acquisition (Tables) | 12 Months Ended
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Dec. 31, 2021
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Cash |  | $ | 736 |
Accounts receivable |  |  | 3,570 |
Inventories |  |  | 3,622 |
Prepaid expenses and other current assets |  |  | 785 |
Property, plant and equipment |  |  | 429 |
Goodwill |  |  | 11,019 |
Other intangible assets |  |  | 8,830 |
Other noncurrent assets |  |  | 991 |
Accounts payable |  |  | (1,450 | )
Accrued compensation and related benefits |  |  | (540 | )
Accrued expenses and other current liabilities |  |  | (720 | )
Deferred tax liability, net |  |  | (2,213 | )
Other noncurrent liabilities |  |  | (803 | )
Net assets acquired |  | $ | 24,256 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Annual Amortization |
|  | Estimated Fair Value |  |  | Amortization Period (Years) |  |  | Year 1 |  |  | Year 2 |  |  | Year 3 |  |  | Year 4 |  |  | Year 5 |
Customer relationships |  | $ | 4,070 |  |  |  | 15 |  |  | $ | 271 |  |  | $ | 271 |  |  | $ | 271 |  |  | $ | 271 |  |  | $ | 271 |
Trade name |  |  | 3,150 |  |  | Indefinite |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Customer contracts |  |  | 1,130 |  |  |  | 15 |  |  |  | 75 |  |  |  | 75 |  |  |  | 75 |  |  |  | 75 |  |  |  | 75 |
Backlog |  |  | 360 |  |  |  | 1 |  |  |  | 360 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Technology |  |  | 120 |  |  |  | 7 |  |  |  | 17 |  |  |  | 17 |  |  |  | 17 |  |  |  | 17 |  |  |  | 17 |
Total |  | $ | 8,830 |  |  |  |  |  |  | $ | 724 |  |  | $ | 364 |  |  | $ | 364 |  |  | $ | 364 |  |  | $ | 364 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | Year Ended December 31, |
|  | 2021 |  |  | 2020 |
Revenue |  | $ | 118,467 |  |  | $ | 125,826 |
Operating income |  |  | 1,450 |  |  |  | 4,489 |
Net Income attributable to Ultralife Corporation |  |  | 1,367 |  |  |  | 4,081 |
Net income per share attributable to Ultralife Corporation: |  |  |  |  |  |  |  |
Basic |  | $ | .09 |  |  | $ | .26 |
Diluted |  | $ | .08 |  |  | $ | .25 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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