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Other Assets
6 Months Ended
Jun. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets
8. Other Assets

 

Other assets consist of the following:

 

(Dollars in thousands)

 

    June 30, 2020     December 31, 2019  
Product branding   $ 929     $ 809  
Notes receivable     127       450  
Deposits     43       43  
Total other assets     1,099       1,302  
Less accumulated amortization     (186 )     (136 )
Other assets - net   $ 913     $ 1,166  

 

As of June 30, 2020, the Company had $0.9 million of capitalized costs related to services provided for the rebranding of its existing product line and branding of new product lines. This amount is being amortized over a seven-year life.

 

Amortization expense totaled $0.05 million and $0.09 million for the six months ended June 30, 2020 and June 30, 2019, respectively.

 

As of June 30, 2020, the Company had notes receivable from Wineonline.com for $127,500 which mature on August 25, 2020. The interest rate on these notes is 5% and will be payable at maturity. The Company received $322,500 from Wineonline.com in June 2020 for notes receivable that had matured and has determined the remaining note is collectible.

 

The deposits represent office lease deposits.