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Note 10 - Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about intangible assets [abstract]  
Reconciliation of the Carrying Amounts of Goodwill and Intangible Assets

Reconciliation of the Carrying Amounts of Goodwill and Intangible Assets

 

 

 

Goodwill

 

 

Trademark

 

 

Customer relationships

 

 

Technology

 

 

Other intangible assets (1)

 

 

Total

 

Net book value as of January 1, 2023

 

$

429,445

 

 

$

70,600

 

 

$

22,790

 

 

$

6,528

 

 

$

66

 

 

$

529,428

 

Additions, net of government grants

 

 

—

 

 

 

—

 

 

 

—

 

 

 

4,281

 

 

 

524

 

 

 

4,805

 

Transfers

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1,488

 

 

 

1,488

 

Amortization

 

 

—

 

 

 

—

 

 

 

(2,580

)

 

 

(3,908

)

 

 

(17

)

 

 

(6,505

)

Impairment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(681

)

 

 

—

 

 

 

(681

)

Effect of movements in exchange rates

 

 

411

 

 

 

—

 

 

 

—

 

 

 

(18

)

 

 

(2

)

 

 

391

 

Net book value as of December 31, 2023

 

 

429,856

 

 

 

70,600

 

 

 

20,210

 

 

 

6,200

 

 

 

2,059

 

 

 

528,926

 

Additions, net of government grants

 

 

—

 

 

 

—

 

 

 

—

 

 

 

7,263

 

 

 

4,749

 

 

 

12,013

 

Reclassification

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(801

)

 

 

(801

)

Amortization

 

 

—

 

 

 

—

 

 

 

(2,580

)

 

 

(4,079

)

 

 

(2

)

 

 

(6,662

)

Disposals

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(2,888

)

 

 

(2,888

)

Impairment

 

 

—

 

 

 

—

 

 

 

—

 

 

 

(113

)

 

 

—

 

 

 

(113

)

Effect of movements in exchange rates

 

 

(114

)

 

 

—

 

 

 

—

 

 

 

(22

)

 

 

(14

)

 

 

(151

)

Net book value as of December 31, 2024

 

$

429,742

 

 

$

70,600

 

 

$

17,630

 

 

$

9,249

 

 

$

3,103

 

 

$

530,325

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of December 31, 2023:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

432,937

 

 

$

70,600

 

 

$

40,732

 

 

$

40,852

 

 

$

6,041

 

 

$

591,162

 

Accumulated amortization and impairment

 

$

(3,081

)

 

$

—

 

 

$

(20,522

)

 

$

(34,652

)

 

$

(3,982

)

 

$

(62,237

)

As of December 31, 2024:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost

 

$

432,823

 

 

$

70,600

 

 

$

40,732

 

 

$

48,104

 

 

$

6,970

 

 

$

599,231

 

Accumulated amortization and impairment

 

$

(3,081

)

 

$

—

 

 

$

(23,102

)

 

$

(38,854

)

 

$

(3,867

)

 

$

(68,905

)

_______________

Other intangible assets include holdings of Celo Dollar (“cUSD”), CELO (see below) and other crypto assets with a total carrying amount of $2.0 million and $3.1 million as of December 31, 2023 and 2024, respectively. These assets have indefinite useful lives and are included in “Other current assets” in the Statement of Financial Position as of December 31, 2024, as Opera expects to realize them within twelve months after the reporting period. See Note 15 for information on crypto assets accounted for as financial assets and presented as cash equivalents.
Summary of Estimated Useful Lives of Intangible Assets with Limited Useful Life

For intangible assets with finite useful lives, amortization is calculated on a straight-line basis over the following periods:

• Customer relationships: Up to 15 years.

• Technology: Up to 5 years.

• Other intangible assets: Up to 5 years.