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Intangible Assets, net and Goodwill (Tables)
 12 Months Ended
Dec. 31, 2023
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 PeriodAs of December 31,
20232022
Customer Relationships6.5$17,325 $17,325 
Digital Networks14.3803 3,537 
Trade Names67.49,970 11,783 
Technology–– 293 
Other Intangible Assets (a)–– 325 
Intangible Assets, gross28,098 33,263 
Less Accumulated Amortization(3,794)(2,398)
Foreign Currency Translation Adjustment(1,311)(1,698)
Intangible Assets, net$22,993 $29,167 
_______________________
(a)Represents the logo and website intangible assets related to the merger with A Squared that has been fully amortized during the year ended December 31, 2023.
Summary of Expected Future Intangible Asset Amortization
Expected future amortization of intangible assets subject to amortization as of December 31, 2023 is as follows (in thousands):
Fiscal Year:
2024$2,100 
20252,100 
20262,100 
20272,100 
20282,100 
Thereafter6,836 
Total$17,336 
Schedule of Goodwill
The following table summarizes the changes in the carrying amount of goodwill remaining in one of its reporting units (in thousands):
Content Production & Distribution
Goodwill as of December 31, 2022 (1)$33,474 
Goodwill Impairment(33,534)
Foreign Currency Translation Adjustment60 
Goodwill as of December 31, 2023$– 
(1) The December 31, 2022 balance is adjusted to include the correction of error as noted in Note 2 within the Restatement of Previously Issued 2022 Financial Statements and Unaudited Interim 2023 Financial Statements section.