NOTE 3 - GOODWILL

Impairment - During the fourth quarter of 2016, Libsyn management performed its annual test of impairment of goodwill by comparing the net carrying value of the intangible asset with the fair value of the reporting units. Based upon the results of this analysis, it was determined that the goodwill was not impaired.

Goodwill - The following is a summary of goodwill:

		For the Periods Ended
		September 30, 2017		December 31, 2016

Goodwill at beginning of period	$	11,484,251	$	11,484,251
Impairment		-		-
Goodwill at end of period	$	11,484,251	$	11,484,251