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Intangible Assets, Net and Goodwill (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible asset
The Company had the following intangible assets (in thousands) with their weighted average remaining amortization period (in years):
Intangible Assets, Net
Weighted Average Remaining Amortization Period
As of December 31,
20222021
Customer Relationships10$17,325 $6,120 
Digital Networks173,537 – 
Trade Names6811,783 4,000 
Technology2293 – 
Non Compete– 60 
Other Intangible Assets (a)2325 301 
Intangible Assets, Gross33,263 10,481 
Less Accumulated Amortization(2,398)(772)
Foreign Currency Translation Adjustment(1,698)24 
Intangible Assets, Net$29,167 $9,733 
_______________________
(a)Represents the remaining unamortized logo and website intangible assets related to the merger with A Squared.
Summary of expected future intangible asset amortization
Expected future intangible asset amortization as of December 31, 2022 is as follows (in thousands):
Fiscal Year:
2023$2,327 
20242,321 
20252,216 
20262,210 
20272,210 
Thereafter10,674 
Total$21,958 
Schedule of goodwill
The following table summarizes the changes in the carrying amount of goodwill by reportable segment (in thousands):
Content Production & DistributionMedia Advisory & Advertising Services Total
Goodwill as of December 31, 2021$10,366 $4,861 $15,227 
Acquisition of Ameba1,422 – 1,422 
Acquisition of Wow21,398 – 21,398 
Goodwill Impairment– (4,857)(4,857)
Foreign Currency Translation Adjustment(1,379)(4)(1,383)
Goodwill as of December 31, 2022$31,807 $ $31,807