Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.19.3.a.u2
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
 
 
 
December 31, 2019
 
December 31, 2018
 
Weighted
Average
Useful Lives
 
Gross
Carrying
Value
 
Accumulated Amortization
 
Net Carrying
Value
 
Gross
Carrying
Value
 
Accumulated Amortization
 
Net Carrying
Value
Indefinite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

FCC licenses
Indefinite
 
$
2,084

 
$

 
$
2,084

 
$
2,084

 
$

 
$
2,084

Trademarks
Indefinite
 
251

 

 
251

 
251

 

 
251

Definite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

OEM relationships
15 years
 
220

 
(90
)
 
130

 
220

 
(76
)
 
144

Licensing agreements
12 years
 
45

 
(42
)
 
3

 
45

 
(38
)
 
7

Software and technology
7 years
 
35

 
(25
)
 
10

 
35

 
(20
)
 
15

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$


$
331


$


$


$

Definite life intangible assets:



















Customer relationships
8 years

403


(49
)

354







Software and technology
5 years

373


(69
)

304







Total intangible assets
 
 
$
3,742

 
$
(275
)
 
$
3,467

 
$
2,635

 
$
(134
)
 
$
2,501


Schedule of finite-lived intangible assets
 
 
 
December 31, 2019
 
December 31, 2018
 
Weighted
Average
Useful Lives
 
Gross
Carrying
Value
 
Accumulated Amortization
 
Net Carrying
Value
 
Gross
Carrying
Value
 
Accumulated Amortization
 
Net Carrying
Value
Indefinite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

FCC licenses
Indefinite
 
$
2,084

 
$

 
$
2,084

 
$
2,084

 
$

 
$
2,084

Trademarks
Indefinite
 
251

 

 
251

 
251

 

 
251

Definite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

OEM relationships
15 years
 
220

 
(90
)
 
130

 
220

 
(76
)
 
144

Licensing agreements
12 years
 
45

 
(42
)
 
3

 
45

 
(38
)
 
7

Software and technology
7 years
 
35

 
(25
)
 
10

 
35

 
(20
)
 
15

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$


$
331


$


$


$

Definite life intangible assets:



















Customer relationships
8 years

403


(49
)

354







Software and technology
5 years

373


(69
)

304







Total intangible assets
 
 
$
3,742

 
$
(275
)
 
$
3,467

 
$
2,635

 
$
(134
)
 
$
2,501


Expected future amortization expense
The expected amortization expense for each of the fiscal years 2020 through 2024 and for periods thereafter is as follows:
Years ending December 31,
 
Amount
2020
 
$
152

2021
 
146

2022
 
144

2023
 
134

2024
 
69

Thereafter
 
156

Total definite life intangible assets, net
 
$
801