Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.19.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
Our intangible assets include the following:
 
 
 
June 30, 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

 
(83
)
 
137

 
220

 
(76
)
 
144

Licensing agreements
12 years
 
45

 
(40
)
 
5

 
45

 
(38
)
 
7

Software and technology
7 years
 
35

 
(23
)
 
12

 
35

 
(20
)
 
15

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$


$
331


$


$


$

Definite life intangible assets:



















Customer relationships
8 years

403


(22
)

381







Software and technology
5 years

373


(31
)

342







Total intangible assets
 
 
$
3,742

 
$
(199
)
 
$
3,543

 
$
2,635

 
$
(134
)
 
$
2,501


Schedule of finite-lived intangible assets
Our intangible assets include the following:
 
 
 
June 30, 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

 
(83
)
 
137

 
220

 
(76
)
 
144

Licensing agreements
12 years
 
45

 
(40
)
 
5

 
45

 
(38
)
 
7

Software and technology
7 years
 
35

 
(23
)
 
12

 
35

 
(20
)
 
15

Due to Pandora Acquisition:



















Indefinite life intangible assets:



















Trademarks
Indefinite

$
331


$


$
331


$


$


$

Definite life intangible assets:



















Customer relationships
8 years

403


(22
)

381







Software and technology
5 years

373


(31
)

342







Total intangible assets
 
 
$
3,742

 
$
(199
)
 
$
3,543

 
$
2,635

 
$
(134
)
 
$
2,501


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 (remaining)
 
$
76

2020
 
152

2021
 
146

2022
 
144

2023
 
134

Thereafter
 
225

Total definite life intangible assets, net
 
$
877