Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.24.2.u1
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2024 December 31, 2023
  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  (156) 64  220  (149) 71 
Licensing agreements 12 years 3  (3) —  3  (3) — 
Software and technology 7 years 28  (23) 5  28  (22) 6 
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  (305) 137  442  (279) 163 
Software and technology 5 years 391  (379) 12  391  (372) 19 
Total intangible assets   $ 3,730  $ (866) $ 2,864  $ 3,730  $ (825) $ 2,905 
Schedule of Finite-Lived Intangible Assets
Our intangible assets include the following:
    June 30, 2024 December 31, 2023
  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  (156) 64  220  (149) 71 
Licensing agreements 12 years 3  (3) —  3  (3) — 
Software and technology 7 years 28  (23) 5  28  (22) 6 
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  (305) 137  442  (279) 163 
Software and technology 5 years 391  (379) 12  391  (372) 19 
Total intangible assets   $ 3,730  $ (866) $ 2,864  $ 3,730  $ (825) $ 2,905 
Schedule of Expected Future Amortization Expense
The expected amortization expense for each of the fiscal years 2024 through 2028 and for periods thereafter is as follows:
Years ending December 31, Amount
2024 (remaining) $ 36 
2025 71 
2026 71 
2027 25 
2028 15 
Thereafter — 
Total definite life intangible assets, net $ 218