Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.23.2
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2023 December 31, 2022
  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 250  —  250  250  —  250 
Definite life intangible assets:              
OEM relationships 15 years 220  (142) 78  220  (135) 85 
Licensing agreements 12 years 45  (45) —  45  (45) — 
Software and technology 7 years 29  (21) 8  31  (21) 10 
Due to Acquisitions recorded to Pandora
and Off-platform Reporting Unit:
Indefinite life intangible assets:
Trademarks Indefinite 312  —  312  312  —  312 
Definite life intangible assets:
Customer relationships 8 years 442  (252) 190  442  (225) 217 
Software and technology 5 years 391  (336) 55  391  (299) 92 
Total intangible assets   $ 3,773  $ (796) $ 2,977  $ 3,775  $ (725) $ 3,050 
Schedule of Finite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2023 December 31, 2022
  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 250  —  250  250  —  250 
Definite life intangible assets:              
OEM relationships 15 years 220  (142) 78  220  (135) 85 
Licensing agreements 12 years 45  (45) —  45  (45) — 
Software and technology 7 years 29  (21) 8  31  (21) 10 
Due to Acquisitions recorded to Pandora
and Off-platform Reporting Unit:
Indefinite life intangible assets:
Trademarks Indefinite 312  —  312  312  —  312 
Definite life intangible assets:
Customer relationships 8 years 442  (252) 190  442  (225) 217 
Software and technology 5 years 391  (336) 55  391  (299) 92 
Total intangible assets   $ 3,773  $ (796) $ 2,977  $ 3,775  $ (725) $ 3,050 
Schedule of Expected Future Amortization Expense
The expected amortization expense for each of the fiscal years 2023 through 2027 and for periods thereafter is as follows:
Years ending December 31, Amount
2023 (remaining) $ 72 
2024 77 
2025 71 
2026 71 
2027 25 
Thereafter 15 
Total definite life intangible assets, net $ 331