Note 7 - Intangible Assets, Net

12 Months Ended

Dec. 31, 2022

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

7.          INTANGIBLE ASSETS, NET

Intangible assets consisted of the following:

	December 31,
	2022			2021
Amortizable intangible assets:
Patents	$	575		$	416
Trademarks		150			134
Purchased software		1,962			1,212
Other		-			50
		2,687			1,812
Accumulated amortization		(462	)		(174	)
Total amortizable		2,225			1,638
Indefinite life assets (non-amortizable)		344			344
Total intangible assets, net	$	2,569		$	1,982

Amortization expense was $287 and $182 for the years ended December 31, 2022 and 2021, respectively. An additional impairment charge of $170 for purchased software was recorded in the second quarter of 2021.

At December 31, 2022, annual amortization of intangible assets, based upon the Company’s existing intangible assets and current useful lives, is estimated to be the following:

2023	$	498
2024		518
2025		513
2026		212
2027		42
Thereafter		442
Total estimated amortization expense	$	2,225