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Other Assets
12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets

10. Other Assets

 

Other assets consisted of the following as of December 31:

 

           
(Dollars in thousands)  2022   2021 
Product branding  $400   $400 
Deposits   256    286 
Total other assets   656    686 
Less accumulated amortization   (287)   (229)
Other assets, net  $369   $457 

 

As of December 31, 2022, the Company had $0.4 million of capitalized costs related to services provided for the rebranding of its existing product line. This amount is being amortized over a seven-year life.

 

Amortization expense totaled $57,143 and $42,857 for the years ended December 31, 2022 and 2021, respectively.

 

The deposits represent office lease deposits.