Note 5 - Intangible Assets

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

Note 

5

 

– Intangible Assets

The components of our intangible assets as of

December 31, 2018

and

2017

are as follows (in thousands):

	December 31,
	2018			2017
Customer relationships	$	626		$	-
Patents and trademarks		441			-
Total intangible assets		1,067			-
Accumulated amortization		(34	)		-
Net carrying value	$	1,033		$	-

The useful lives of our intangible assets are estimated to be

five

 years. Amortization expense was approximately

$34,000

for

2018.

The following table represents the amortization expense for the next

five

years (in thousands):

	2019		2020		2021		2022		2023
Customer relationships	$	125	$	125	$	125	$	125	$	104
Intellectual property		80		80		80		80		66
Total intangible asset amortization expense	$	205	$	205	$	205	$	205	$	170