Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.20.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of indefinite-lived intangible assets
Our intangible assets include the following:
    June 30, 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 250    —    250    251    —    251   
Definite life intangible assets:              
OEM relationships 15 years 220    (98)   122    220    (90)   130   
Licensing agreements 12 years 45    (43)     45    (42)    
Software and technology 7 years 30    (15)   15    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    (75)   328    403    (49)   354   
Software and technology 5 years 373    (107)   266    373    (69)   304   
Total intangible assets   $ 3,736    $ (338)   $ 3,398    $ 3,742    $ (275)   $ 3,467   
Schedule of finite-lived intangible assets
    June 30, 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 250    —    250    251    —    251   
Definite life intangible assets:              
OEM relationships 15 years 220    (98)   122    220    (90)   130   
Licensing agreements 12 years 45    (43)     45    (42)    
Software and technology 7 years 30    (15)   15    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    (75)   328    403    (49)   354   
Software and technology 5 years 373    (107)   266    373    (69)   304   
Total intangible assets   $ 3,736    $ (338)   $ 3,398    $ 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) $ 74   
2021 146   
2022 146   
2023 136   
2024 70   
Thereafter 161   
Total definite life intangible assets, net $ 733