Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.21.2
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2021 December 31, 2020
  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  (112) 108  220  (105) 115 
Licensing agreements 12 years 45  (45) —  45  (45) — 
Software and technology 7 years 31  (18) 13  31  (16) 15 
Due to Pandora and Stitcher Acquisitions:
Indefinite life intangible assets:
Trademarks Indefinite 311  —  311  311  —  311 
Definite life intangible assets:
Customer relationships 8 years 441  (134) 307  441  (104) 337 
Software and technology 5 years 373  (183) 190  373  (145) 228 
Total intangible assets   $ 3,755  $ (492) $ 3,263  $ 3,755  $ (415) $ 3,340 
Schedule of Finite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2021 December 31, 2020
  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  (112) 108  220  (105) 115 
Licensing agreements 12 years 45  (45) —  45  (45) — 
Software and technology 7 years 31  (18) 13  31  (16) 15 
Due to Pandora and Stitcher Acquisitions:
Indefinite life intangible assets:
Trademarks Indefinite 311  —  311  311  —  311 
Definite life intangible assets:
Customer relationships 8 years 441  (134) 307  441  (104) 337 
Software and technology 5 years 373  (183) 190  373  (145) 228 
Total intangible assets   $ 3,755  $ (492) $ 3,263  $ 3,755  $ (415) $ 3,340 
Schedule of Expected Future Amortization Expense
The expected amortization expense for each of the fiscal years 2021 through 2025 and for periods thereafter is as follows:
Years ending December 31, Amount
2021 (remaining) $ 76 
2022 154 
2023 141 
2024 75 
2025 69 
Thereafter 103 
Total definite life intangible assets, net $ 618