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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
INTANGIBLE ASSETS [Abstract]  
Schedule of intangible assets

Intangible assets consisted of the following (dollars in thousands): 

 

December 31, 2019

 

 

 


 

 

 


 

 

 


 

Weighted

 

Gross


 

 

 


 

Net


 

Average

 

Carrying


 

Accumulated


 

Carrying


 

Useful Life

 

 Amount


 

 Amortization


 

 Value


 

(in Years)

Developed technology

$

3,900


 

$

(3,900

)

 

$

 —


 

Vision development costs

 

2,929


 

 

(1,186

)

 

 

1,743


 

8.0

Software development in process costs

 

 1,830


 

 


 

 

 1,830


 

 —

IntellitraffiQ development costs
468


(176 )

292

4.0
Wrong Way development costs
228


(218 )

10

2.0

 

$

 9,355


 

$

(5,480

)

 

$

 3,875


 

7.1

                                                                                      

 

December 31, 2018

 

 

 


 

 

 


 

 

 


 

Weighted

 

Gross


 

 

 


 

Net


 

Average

 

Carrying


 

Accumulated


 

Carrying


 

Useful Life

 

 Amount


 

 Amortization


 

 Value


 

(in Years)

Developed technology

$

 3,900


 

$

(3,900

)

 

$


 

Vision development costs

 

 2,929


 

 

(819

)

 

 

 2,110


 

 8.0

Software development in process costs
674





674

IntellitraffiQ development costs
468


(59 )

409

4.0
Wrong Way development costs
228


(104 )

124

2.0

 

8,199


 

$

(4,882

)

 

$

 3,317


 

7.1

 

Schedule of estimated future amortization expense

The estimated future amortization expense related to other intangible assets for the next five fiscal years is as follows (dollars in thousands):  

 

 

 

Amortization

 

 

 

Expense

2020

 

$

 733

2021

 

 

 745

2022

 

 

 687

2023

 

 

 628

2024

 

 

 537