v3.25.2
INTANGIBLE ASSETS, NET AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
SUMMARY OF INTANGIBLE ASSETS NET

 SUMMARY OF INTANGIBLE ASSETS NET 

   Capitalization of development costs   Purchased license   Core Technology License   Total 
                 
COST                    
As of January 1, 2024   5,342    819    10,449    16,610 
Capitalized development cost   169    -    -    169 
Currency translation adjustments   (245)   (37)   -    (282)
As of December 31, 2024   5,266    782    10,449    16,497 
                     
Accumulated amortization                    
As of January 1, 2024   124    -    -    124 
Amortization   694    75    1,306    2,075 
Impairment   2,197    -    -    2,197 
Currency translation adjustments   (227)   -    -    (227)
As of December 31, 2024   2788    75    1,306    4,169 
                     
Net book value as of December 31, 2024   2,478    707    9,143    12,328 

 

 

SMX (SECURITY MATTERS) PUBLIC LIMITED COMPANY

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(US$ in thousands)

 

NOTE 7 - INTANGIBLE ASSETS, NET AND GOODWILL (CONT.):

 

   Capitalization of development cost   Purchased license   Core Technology License   Total 
                 
COST                    
As of January 1, 2023   4,372    655    -    5,027 
Capitalized development cost   977    157    10,449    11,583 
Currency translation adjustments   (7)   7    -    - 
As of December 31, 2023   5,342    819    10,449    16,610 
                     
Accumulated amortization                    
As of January 1, 2023   127    -    -    127 
Currency translation adjustments   (3)   -    -    (3)
As of December 31, 2023   124    -    -    124 
                     
Net book value as of December 31, 2023   5,218    819    10,449    16,486