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Note 9 - Other Intangible Assets

9 Months Ended

Sep. 30, 2022

Intangible Assets Disclosure [Text Block]

NOTE 9. OTHER INTANGIBLE ASSETS

Other intangible assets consisted of the following (in thousands):

	Balance at September 30, 2022
			Accumulated
	Gross		Amortization			Net
Indefinite-lived intangible assets
Trade names	$	2,080	$	—		$	2,080

Amortizable intangible assets
Customer relationships	$	290	$	(38	)	$	252
Trade secrets / product formulations		2,890		(294	)		2,596

Total other intangible assets	$	5,260	$	(332	)	$	4,928

	Balance at December 31, 2021
			Accumulated
	Gross		Amortization			Net
Indefinite-lived intangible assets
Trade names	$	2,080	$	—		$	2,080

Amortizable intangible assets
Customer relationships	$	290	$	(7	)	$	283
Trade secrets / product formulations		2,890		(53	)		2,837

Total other intangible assets	$	5,260	$	(60	)	$	5,200

Amortization expense was $90 thousand for the three months ended September 30, 2022 and $272 thousand for the nine months ended September 30, 2022. There was no comparable amortization expense for the three or nine months ended September 30, 2021. Based on the amortizable intangible assets as of September 30, 2022, future amortization expenses were as follows (in thousands):

2022 (remaining 3 months)	$	91
2023		363
2024		363
2025		363
2026		363
Thereafter		1,305
Total	$	2,848