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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2021
INTANGIBLE ASSETS [Abstract]  
Schedule of intangible assets

Intangible assets include capitalized software development costs consisting of the following (dollars in thousands): 

 

December 31, 2021

 

 

 


 

 

 


 

 

 


 

Weighted

 

Gross


 

 

 


 

Net


 

Average

 

Carrying


 

Accumulated


 

Carrying


 

Useful Life

 

 Amount


 

 Amortization


 

 Value


 

(in Years)

Wrong Way development costs


228


 


(228

)

 


 —


 

Vision development costs

 

3,107


 

 

(1,953

)

 

 

1,154


 

8.0

Echo development costs

 

 1,852


 

 

(506

)

 

 

 1,346


 

 7.0

IntellitraffiQ development costs
468


(409 )

59

4.0
Software development in process costs
307





307

 

$

 5,962


 

$

(3,096

)

 

$

 2,866


 

6.6

                                                                                      

 

December 31, 2020

 

 

 


 

 

 


 

 

 


 

Weighted

 

Gross


 

 

 


 

Net


 

Average

 

Carrying


 

Accumulated


 

Carrying


 

Useful Life

 

 Amount


 

 Amortization


 

 Value


 

(in Years)

Wrong Way development costs

$

 228


 

$

(228

)

 

$


 

Vision development costs

 

 2,929


 

 

(1,553

)

 

 

 1,376


 

 8.0

Echo development costs

1,852


(242 )

1,610

7.0
IntellitraffiQ development costs
468


(293 )

175

4.0

 

$

5,477


 

$

(2,316

)

 

$

3,161


 

7.3

 

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

2022

 

$

 743

2023

 

 

 685

2024

 

 

 580

2025

 

 

 265

2026

 

 

 265

2027 and thereafter

22