Intangible Assets, Net

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

NOTE 8 – INTANGIBLE ASSETS, NET

Identified intangible assets consisted of the following (in thousands):

	March 31, 2023
	Average Life (Years)	Gross Amount		Accumulated Amortization			Net Carrying Value
Finite-lived intangible assets:
Acquired patents	3-10	$	22,189	$	(6,728	)	$	15,461
Existing technology / content database	5-10		240,994		(193,863	)		47,131
Customer contracts and related relationships	3-9		502,260		(345,740	)		156,520
Trademarks/trade name	4-10		39,613		(30,988	)		8,625
Non-competition agreements	1-2		3,101		(2,557	)		544
Total finite-lived intangible assets			808,157		(579,876	)		228,281
Indefinite-lived intangible assets:
TiVo tradename/trademarks	N/A		21,400		—			21,400
Total intangible assets		$	829,557	$	(579,876	)	$	249,681

	December 31, 2022
	Average Life (Years)	Gross Amount		Accumulated Amortization			Net Carrying Value
Finite-lived intangible assets:
Acquired patents	3-10	$	22,189	$	(6,175	)	$	16,014
Existing technology / content database	5-10		240,894		(190,671	)		50,223
Customer contracts and related relationships	3-9		502,188		(335,981	)		166,207
Trademarks/trade name	4-10		39,613		(29,733	)		9,880
Non-competition agreements	1-2		3,101		(2,449	)		652
Total finite-lived intangible assets			807,985		(565,009	)		242,976
Indefinite-lived intangible assets:
TiVo tradename/trademarks	N/A		21,400		—			21,400
Total intangible assets		$	829,385	$	(565,009	)	$	264,376

As of March 31, 2023, the estimated future amortization expense of total finite-lived intangible assets was as follows (in thousands):

Year Ending December 31:
2023 (remaining 9 months)	$	42,944
2024		43,384
2025		34,786
2026		31,490
2027		30,647
Thereafter		45,030
Total future amortization	$	228,281