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Note 7 - Other Intangible Assets | 9 Months Ended
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Sep. 30, 2023
Notes to Financial Statements |
Intangible Assets Disclosure [Text Block] | NOTE 7. OTHER INTANGIBLE ASSETS Other intangible assets consist of the following (in thousands):
|  | Balance at September 30, 2023 |
|  |  |  |  |  | Accumulated |  |  |  |  |  |  |  |  |
|  | Gross |  |  | Amortization |  |  | Impairment |  |  | Net |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | $ | 2,080 |  |  | $ | — |  |  | $ | (970 | ) |  | $ | 1,110 |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 290 |  |  | $ | (57 | ) |  | $ | (172 | ) |  | $ | 61 |
Trade secrets / product formulations |  |  | 2,890 |  |  |  | (480 | ) |  |  | (1,415 | ) |  |  | 995 |
Total other intangible assets |  | $ | 5,260 |  |  | $ | (537 | ) |  | $ | (2,557 | ) |  | $ | 2,166 |
|  | Balance at December 31, 2022 |
|  |  |  |  |  | Accumulated |  |  |  |  |  |  |  |  |
|  | Gross |  |  | Amortization |  |  | Impairment |  |  | Net |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | $ | 2,080 |  |  | $ | — |  |  | $ | (970 | ) |  | $ | 1,110 |
Amortizable intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | $ | 290 |  |  | $ | (48 | ) |  | $ | (172 | ) |  | $ | 70 |
Trade secrets / product formulations |  |  | 2,890 |  |  |  | (375 | ) |  |  | (1,415 | ) |  |  | 1,100 |
Total other intangible assets |  | $ | 5,260 |  |  | $ | (423 | ) |  | $ | (2,557 | ) |  | $ | 2,280 |
In the fourth quarter of 2022, the Company determined that certain of its indefinite-lived and long-lived amortizable intangible assets related to its DERMAdoctor business were impaired. As such, the Company recorded an intangible asset impairment charge of $2.6 million in the fourth quarter of 2022, which was reflected in the “Goodwill, Intangible and Other Asset Impairment” caption in the Company’s consolidated statements of operations. The Company did not record any intangible asset impairment charges for the three and nine months ended September 30, 2023 or 2022. Amortization expenses were $38 thousand and $90 thousand for the three months ended September 30, 2023 and 2022, respectively, and $114 thousand and $272 thousand for the nine months ended September 30, 2023 and 2022, respectively. Based on the amortizable intangible assets as of September 30, 2023, future amortization expenses are expected to be as follows (in thousands):
2023 |  | $ | 38 |
2024 |  |  | 153 |
2025 |  |  | 152 |
2026 |  |  | 153 |
Thereafter |  |  | 560 |
Total |  | $ | 1,056 |

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