Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.10.0.1
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
Our intangible assets include the following:
 
 
 
December 31, 2018
 
December 31, 2017
 
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
 
$
2,083,654

 
$

 
$
2,083,654

 
$
2,083,654

 
$

 
$
2,083,654

Trademarks
Indefinite
 
250,800

 

 
250,800

 
250,800

 

 
250,800

Definite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

Subscriber relationships
9 years
 

 

 

 
380,000

 
(380,000
)
 

OEM relationships
15 years
 
220,000

 
(75,778
)
 
144,222

 
220,000

 
(61,111
)
 
158,889

Licensing agreements
12 years
 
45,289

 
(38,012
)
 
7,277

 
45,289

 
(34,350
)
 
10,939

Software and technology
7 years
 
35,572

 
(20,164
)
 
15,408

 
43,915

 
(25,351
)
 
18,564

Total intangible assets
 
 
$
2,635,315

 
$
(133,954
)
 
$
2,501,361

 
$
3,023,658

 
$
(500,812
)
 
$
2,522,846

Schedule of finite-lived intangible assets
Our intangible assets include the following:
 
 
 
December 31, 2018
 
December 31, 2017
 
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
 
$
2,083,654

 
$

 
$
2,083,654

 
$
2,083,654

 
$

 
$
2,083,654

Trademarks
Indefinite
 
250,800

 

 
250,800

 
250,800

 

 
250,800

Definite life intangible assets:
 
 
 

 
 

 
 

 
 

 
 

 
 

Subscriber relationships
9 years
 

 

 

 
380,000

 
(380,000
)
 

OEM relationships
15 years
 
220,000

 
(75,778
)
 
144,222

 
220,000

 
(61,111
)
 
158,889

Licensing agreements
12 years
 
45,289

 
(38,012
)
 
7,277

 
45,289

 
(34,350
)
 
10,939

Software and technology
7 years
 
35,572

 
(20,164
)
 
15,408

 
43,915

 
(25,351
)
 
18,564

Total intangible assets
 
 
$
2,635,315

 
$
(133,954
)
 
$
2,501,361

 
$
3,023,658

 
$
(500,812
)
 
$
2,522,846

Expected future amortization expense
The expected amortization expense for each of the fiscal years 2019 through 2023 and for periods thereafter is as follows:
Years ending December 31,
 
Amount
2019
 
$
23,268

2020
 
22,687

2021
 
17,198

2022
 
15,542

2023
 
15,446

Thereafter
 
72,766

Total definite life intangible assets, net
 
$
166,907