INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 6:-

INTANGIBLE ASSETS, NET

Intangible assets, net consisted of the following:

	Weighted average amortization period	December 31,
	(years)	2017		2016
Original amount:

Core technology	4.74	$	13,384	$	13,384
Customer relationships	5.84		1,981		1,981
Non-competition agreement	4.00		224		224

			15,589		15,589
Accumulated amortization and impairment charges:

Core technology			8,202		6,977
Customer relationships			1,610		1,544
Non-competition agreement			224		168
Impairment of acquisition-related intangible assets (*)			4,122		4,122
			14,158		12,811

Intangible assets, net:

Core technology			1,263		2,488
Customer relationships			168		234
Non-competition agreement			-		56

		$	1,431	$	2,778

The estimated future amortization expense of other intangible assets as of December 31, 2017 for the years ending:

Year ending December 31,
2018		943
2019		415
Thereafter		73

	$	1,431

(*)

In 2016, the Company recorded a $4,122 impairment charge on core technology and customer relationships. This impairment charge was based upon forecasted discounted cash flows which considered delayed sales trends with longer than expected sales cycles of Appfluent products, which the Company believes is primarily due to the innovative nature of this solution.