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Intangible Assets, Net
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

NOTE 7:- INTANGIBLE ASSETS, NET

 

a.Intangible assets are comprised of the following:

 

  

Weighted
average

amortization
period

   December 31, 
   Years   2019   2018 
Original amount:              
Acquired technology  8.14   $1,566   $1,566 
Customer relationships  5.23    3,504    2,614 
Non-competition agreement  4    265    265 
Software development costs  3    1,199    
-
 
Distribution rights  1    250    
-
 
               
       $6,784   $4,445 
Accumulated amortization:              
Acquired technology       1,066    966 
Customer relationships       2,849    2,302 
Non-competition agreement       232    166 
Software development costs       
-
    
-
 
Distribution rights       143    
-
 
               
        4,290    3,434 
               
Intangible assets, net      $2,494   $1,011 

 

Amortization expenses for the years ended December 31, 2019, 2018 and 2017 were $856, $1,065 and $1,309, respectively.

 

b.Future amortization expenses for the years ending:

 

December 31,    
     
2020  $828 
2021   697 
2022   608 
2023   208 
2024 and thereafter   153 
      
   $2,494