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Intangible Assets, Net

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Note 8 - Intangible Assets, Net

		December 31,
		2022				2021
		U.S. Dollars (in thousands)
Patent registration costs			2,135				2,038
Accumulated amortization			1,538				1,428
Total intangible assets, net			597				610

Patent registration costs are amortized over their estimated useful life of 10 years.

Amortization expense for the years ended December 31, 2022, 2021 and 2020 amounted to $110, $110 and $98, respectively.

As of December 31, 2022, the estimated amortization expenses of intangible assets for the years 2023 to 2027 is as follows:

Year ended December 31,		U.S. Dollars (in thousands)
2023			107
2024			99
2025			92
2026			78
2027			68

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- References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-URI https://asc.fasb.org/subtopic&trid=2144471

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