XML 35 R16.htm IDEA: XBRL DOCUMENT v3.24.1
Intangible Assets
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

9. Intangible Assets

 

Intangible assets subject to amortization consisted of the following:

 

  As of December 31, 2023   As of December 31, 2022 
   Weighted
Average
Useful
Life (in
years)
   Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
   Carrying
Amount
   Accumulated
Amortization
   Net
Carrying
Amount
 
Developed technology   4.70   $17,333   $(17,333)  $-   $17,333   $(14,883)  $2,450 
Trade name   16.10    5,181    (1,547)   3,634    5,380    (1,180)   4,200 
Brand name   9.70    12,774    (2,374)   10,400    12,115    (908)   11,207 
Subscriber relationships   5.10    73,459    (61,654)   11,805    73,459    (47,146)   26,313 
Advertiser relationships   10.20    15,182    (2,832)   12,350    15,302    (1,368)   13,934 
Database   3.00    2,397    (2,171)   226    2,397    (1,753)   644 
Digital content   2.00    355    (311)   44    355    (133)   222 
Total intangible assets     $126,681   $(88,222)  $38,459   $126,341   $(67,371)  $58,970 

 

 

Intangible assets subject to amortization were recorded as part of the Company’s business acquisitions. Amortization expense for the years ended December 31, 2023 and 2022 was $21,022 and $20,748, respectively, of which amortization expense for developed technology of $2,130 and $2,831, respectively, is included in cost of revenue on the consolidated statements of operations. No impairment charges for the year ended December 31, 2023 was recorded for the intangible assets. Impairment charges for the year ended December 31, 2022 of $47 were recorded for the intangible assets on the consolidated statements of operations.

 

Estimated total amortization expense for the next five years and thereafter related to the Company’s intangible assets subject to amortization as of December 31, 2023 is as follows:

 

      
Years Ending December 31,     
2024   $14,544 
2025    3,427 
2026    3,214 
2027    3,214 
2028    2,964 
Thereafter    11,096 
Intangible assets ,net   $38,459