• Filing Date: 2019-11-15
  • Form Type: 10-Q/A
  • Description: Quarterly report (Amendment)
v3.19.3
INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the carrying amount of goodwill by reportable business segment
 

Segment

 

Balance as of

December 31,

2018

   

Open ALPR

Acquisition

   

Balance as of

September 30,

2019

 
Goodwill from continuing operations  Technology   $ 1,402     $ 4,934     $ 6,336  
Goodwill from held for sale operations  Professional Services     1,691       -       1,691  
Total goodwill     $ 3,093     $ 4,934     $ 8,027  
Change in intangible assets
   

Balance as of

December 31,

2018

    Additions     Amortization     Impairment     Sale of BCM    

Balance as of

September 30,

2019

 
Intangible assets subject to amortization from continuing operations                                    
Customer relationships   $ 2,475     $ 90     $ (363 )   $ (1,549 )   $ (249 )   $ 404  
Marketing related     69       223       (45 )     -       -       247  
Technology based     83       7,123       (557 )     -       -       6,649  
Intangible assets subject to amortization from continuing operations     2,627       7,436       (965 )     (1,549 )     (249 )     7,300  
Intangible assets subject to amortization from held for sale operations     2,208       -       (214 )     -       -       1,994  
Total intangible assets subject to amortization   $ 4,835     $ 7,436     $ (1,179 )   $ (1,549 )   $ (249 )   $ 9,294  
Schedule of intangible assets
    Customer Relationships     Marketing Related     Technology Based     Total  
Identifiable intangible assets   $ 461     $ 327     $ 7,207     $ 7,995  
Accumulated amortization     (57 )     (80 )     (558 )     (695 )
Identifiable intangible assets from continuing operations, net     404       247       6,649       7,300  
Identifiable intangible assets from operations held for sale, net     1,685       309       -       1,994  
Identifiable intangible assets, net   $ 2,089     $ 556     $ 6,649     $ 9,294  
Estimated annual amortization expense
2019   $ 287  
2020     1,150  
2021     1,141  
2022     1,117  
2023     1,096  
Thereafter     2,509  
Total   $ 7,300