Note 10 - Other Assets

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Other Assets Disclosure [Text Block]

10. OTHER ASSETS

(In Thousands)

	December 31
	2018		2017
Deferred charges	$	1,408	$	1,053
Land use rights		687		706
Refundable deposits		433		421
Deferred income tax assets – noncurrent		50		120
Total	$	2,578	$	2,300

Deferred charges are advanced payments for consulting, maintenance, and engineering license contracts and are amortized over the terms of the contracts from

2

to

5

years. Amortization expense of the deferred charges for the years ended

December 31, 2018,

2017,

and

2016,

was approximately

$629,000,

$633,000,

and

$560,000,

respectively.

Land use rights are recorded at cost less accumulated amortization. Amortization is provided on a straight-line basis over the term of the land use rights agreement which is

49.7

years. Amortization expense of the land use rights for the years ended

December 31, 2018,

2017,

and

2016,

was approximately

$19,000,

$18,000,

and

$19,000,

respectively.