Other Assets

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

9. Other Assets

Other assets consisted of the following as of December 31:

(Dollars in thousands)	2023			2022
Product branding	$	396		$	400
Deposits		240			256
Future proceeds related to installment sales of equipment		276			-
Total other assets		912			656
Less accumulated amortization		(344	)		(287	)
Other assets, net	$	568		$	369

As of December 31, 2023, 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 $0.1 million for both the years ended December 31, 2023 and 2022.

The deposits represent office lease deposits.