NOTE 8. Goodwill and Other Intangible Assets

Goodwill

The balance of goodwill arising from the OneClick Acquisitions on October 1, 2017 described in Note 21, the acquisition of InfoSonics in the reverse merger described in Note 22 and the Unitron acquisition described in Note 24, was as follows as of the dates presented (in thousands):

	September 30, 2018 (unaudited)		December 31, 2017 (audited)
OneClick International	$	4,511	$	4,511
OneClick License		1,425		1,425
InfoSonics		3,343		—
Unitron		6,190		—
Total	$	15,469	$	5,936

There were no indicators of impairment identified as a result of the Company’s review of events and circumstances related to its goodwill subsequent to the Acquisitions.

Definite-lived Intangible Assets

The Company’s definite-lived intangible assets arose from the acquisitions of OneClick and Unitron. These assets and related accumulated amortization consisted of the following as of the dates presented (in thousands):

	September 30, 2018 (unaudited)			December 31, 2017 (audited)
Tradenames	$	968		$	938
Covenants Not To Compete		304			258
Domain Name		2			2
Subtotal		1,274			1,198
Less accumulated amortization		(256	)		(63	)
Total	$	1,018		$	1,135

Amortization expense for the three and nine months ended September 30, 2018 amounted to $67,000 and $193,000, respectively. There was no amortization expense in the prior year periods. The OneClick trade name is being amortized over 60 months and the covenants not to compete are being amortized over 44 to 48 months. Amortization expense for the years ending December 31, 2018 through 2022 will be $266,000, $285,000, $265,000, $248,000 and $145,000.