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Intangible Assets and Goodwill | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Note 7 - Intangible Assets and Goodwill Intangible Assets The table below summarizes the Company’s intangible assets at March 31, 2022 and December 31, 2021 (in thousands): Schedule of Intangible Assets
|  | Useful |  |  | Weighted Average Remaining |  |  | March 31, 2022 |
|  | Lives (Years) |  |  | Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Customer relationships |  | 2 |  |  | 1.7 |  |  | $ | 32,810 |  |  | $ | (25,200 | ) |  | $ | 7,610 |
Tradenames |  | 2 - 9 |  |  | 7.0 |  |  |  | 38,865 |  |  |  | (8,600 | ) |  |  | 30,265 |
Software and technology |  | 3 - 9 |  |  | 6.6 |  |  |  | 196,736 |  |  |  | (41,363 | ) |  |  | 155,373 |
Gaming licenses and market access fees |  | 2 - 5 |  |  | 4.3 |  |  |  | 15,701 |  |  |  | (1,192 | ) |  |  | 14,509 |
Total |  |  |  |  |  |  |  | $ | 284,112 |  |  | $ | (76,355 | ) |  | $ | 207,757 |
|  | Useful |  |  | Weighted Average Remaining |  |  | December 31, 2021 |
|  | Lives (Years) |  |  | Life (Years) |  |  | Intangible Assets |  |  | Accumulated Amortization |  |  | Net Balance |
Customer relationships |  | 2 |  |  | 2.2 |  |  | $ | 32,965 |  |  | $ | (21,105 | ) |  | $ | 11,860 |
Tradenames |  | 2-9 |  |  | 7.2 |  |  |  | 38,876 |  |  |  | (7,455 | ) |  |  | 31,421 |
Software and technology |  | 3-9 |  |  | 8.7 |  |  |  | 195,852 |  |  |  | (35,572 | ) |  |  | 160,280 |
Gaming licenses and market access fees |  | 2-5 |  |  | 4.8 |  |  |  | 14,951 |  |  |  | (326 | ) |  |  | 14,625 |
Total |  |  |  |  |  |  |  | $ | 282,644 |  |  | $ | (64,458 | ) |  | $ | 218,186 |
fuboTV Inc. Notes to the Condensed Consolidated Financial Statements (Unaudited) The intangible assets are being amortized over their respective original useful lives, which range from two to nine years. The Company recorded amortization expense of $12.1 million and $9.1 million for the three months ended March 31, 2022 and 2021. The estimated future amortization expense associated with intangible assets (excluding gaming licenses and market access fees) is as follows (in thousands): Schedule of Intangible Assets Amortization Expense
|  | Future Amortization |
Year ended December 31, 2022 (Nine months remaining) |  |  | 27,468 |
Year ended December 31 2023 |  |  | 35,496 |
Year ended December 31 2024 |  |  | 30,502 |
Year ended December 31 2025 |  |  | 28,969 |
Year ended December 31 2026 |  |  | 28,651 |
Thereafter |  |  | 56,671 |
Total |  | $ | 207,757 |
Prepaid Market Access Agreements During the three months ended March 31, 2022, the Company paid $3.3 million for gaming licenses pursuant to market access agreements in states where the market access is pending regulatory approval as of March 31, 2022. The $3.3 million is included in other non-current assets on the accompanying consolidated balance sheet as of March 31, 2022. Goodwill The following table is a summary of the changes to goodwill for the three months ended March 31, 2022 (in thousands): Schedule of Goodwill
Balance - December 31, 2021 |  | $ | 630,269 |
Molotov purchase accounting adjustment |  |  | (497 | )
Foreign currency translation adjustment |  |  | (2,140 | )
Balance - March 31, 2022 |  | $ | 627,632 |
Goodwill includes an accumulated impairment charge of $148.1 million related to the historical Facebank reporting unit. fuboTV Inc. Notes to the Condensed Consolidated Financial Statements (Unaudited)

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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