Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.1
Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
Our intangible assets include the following:
 
 
 
March 31, 2020
 
December 31, 2019
 
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

 
(94
)
 
126

 
220

 
(90
)
 
130

Licensing agreements
12 years
 
45

 
(43
)
 
2

 
45

 
(42
)
 
3

Software and technology
7 years
 
35

 
(26
)
 
9

 
35

 
(25
)
 
10

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$
—


$
331


$
331


$
—


$
331

Definite life intangible assets:



















Customer relationships
8 years

403


(62
)

341


403


(49
)

354

Software and technology
5 years

373


(88
)

285


373


(69
)

304

Total intangible assets
 
 
$
3,742

 
$
(313
)
 
$
3,429

 
$
3,742

 
$
(275
)
 
$
3,467


Schedule of finite-lived intangible assets
 
 
 
March 31, 2020
 
December 31, 2019
 
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

 
(94
)
 
126

 
220

 
(90
)
 
130

Licensing agreements
12 years
 
45

 
(43
)
 
2

 
45

 
(42
)
 
3

Software and technology
7 years
 
35

 
(26
)
 
9

 
35

 
(25
)
 
10

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$
—


$
331


$
331


$
—


$
331

Definite life intangible assets:



















Customer relationships
8 years

403


(62
)

341


403


(49
)

354

Software and technology
5 years

373


(88
)

285


373


(69
)

304

Total intangible assets
 
 
$
3,742

 
$
(313
)
 
$
3,429

 
$
3,742

 
$
(275
)
 
$
3,467


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 (remaining)
 
$
114

2021
 
146

2022
 
144

2023
 
134

2024
 
69

Thereafter
 
156

Total definite life intangible assets, net
 
$
763