Lowell Farms Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2023

INTANGIBLE ASSETS (Tables)

Schedule Of Intangible Assets

		Definite Life Intangibles								Indefinite Life
		Technology/				Acquired Purchase				Intangibles Brands &
(in thousands)		Know How				Rights				Tradenames				Total
Costs
Balance-December 31, 2022		$	3,258			$	1,800			$	37,707			$	42,765
Sale of Brand Assets											(24,053	)			(37,299	)
Impairment			(258	)			(1,384	)			(13,654	)			(2,050	)
Balance-December 31, 2023		$	3,000			$	416			$	-			$	3,416

Accumulated Amortization
Balance-December 31, 2022		$	(535	)		$	(28	)		$	-			$	(563	)
Amortization			(323	)			(83	)			-				(406	)
Impairment			97				-								97
Balance-December 31, 2023		$	(761	)		$	(111	)		$	-			$	(872	)

Net Book Value
December 31, 2022		$	2,723			$	1,772			$	37,707			$	42,202

Net Book Value
December 31, 2023		$	2,239			$	305			$	-			$	2,544