Note 8 - Intangible Assets

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

NOTE 8 :- INTANGIBLE ASSETS

The following table shows the Company’s intangible assets for the periods presented:

	Useful life		December 31,
	(years)		201 9		2018
Cost:
Distribution agreement		5		2,086		2,086
Non-competition agreement		3		519		519
				2,605		2,605
Accumulated amortization:
Distribution agreement				1,425		1,008
Non-competition agreement				519		519
				1,944		1,527
Amortized cost			$	661	$	1,078

a. Amortization expenses amounted to $417, $1,700 and $1,700 for the years ended December 31, 2019, 2018 and 2017, respectively. Those expenses were included in amortization of intangible assets in the Company’s consolidated financial statements.

b. Estimated amortization expenses for the years ending:

Year ending December 31,
2020	$	417
2021		244
	$	661