Lowell Farms Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Other Intangible Assets (Tables)

Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Other Intangible Assets

Schedule Of Intangible Assets

		Definite Life Intangibles								Indefinite Life
		Technology/				Acquired				Intangibles
(in thousands)		Know How				Purchase Rights				Brands & Tradenames				Total
Costs
Balance-December 31, 2022		$	3,258			$	1,800			$	37,707			$	42,765
Business acquisition			-				-				-				-
Impairment			-				-				(13,793	)			(13,793	)
Balance-September 30, 2023		$	3,258			$	1,800			$	23,914			$	28,972

Accumulated Amortization
Balance-December 31, 2022		$	(535	)		$	(28	)		$	-			$	(563	)
Amortization			(243	)			(62	)			-				(305	)
Balance-September 30, 2023		$	(778	)		$	(90	)		$	-			$	(868	)

Net Book Value
December 31, 2022		$	2,723			$	1,772			$	37,707			$	42,202
Net Book Value
September 30, 2023		$	2,480			$	1,710			$	23,914			$	28,104