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Goodwill and Other Intangible Assets, Net
 6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS, NET

NOTE 6: -GOODWILL AND OTHER INTANGIBLE ASSETS, NET

 

A.Other Intangible Assets:

 

  

June 30,

2020

   December 31,
2019		   Weighted average amortization period 
               
Cost:              
Brand name   946    946    4.1 
Customer list   2,450    2,450    2.5 
Software   111    111    3 
Customer relationship   728    728    7 
Backlog   90    90      
                
    4,325    4,325      
Accumulated amortization and impairments:               
Brand name   946    946      
Customer list   2,450    2,450      
Software   111    111      
Customer relationship   678    130      
Backlog   90    90      
                
    4,275    3,727      
                
Amortized cost  $50   $598      

 

A.Other Intangible Assets:

 

Amortization expenses amounted to $32 and $79 for the six months ended June 30, 2020, and for the year ended December 31, 2019, respectively.

 

In addition, during the six month period ended June 30, 2020 the Company recognized an impairment in an amount of $517 with respect to customer relationship of the Intelligent Robotics reporting unit.

 

B.The changes in the carrying amount of goodwill for the period ended June 30, 2020 are as follows:

 

   Goodwill 
Balance as of December 31,2019   5,147 
Changes during 2020 :     
Impairment of Goodwill   (471)
Balance as of June 30,2020  $4,676 

 

During the six months ended June 30, 2020, the Company recorded an Impairment of Goodwill related to the Intelligent Robotics reporting unit, in the amount of $471.