NOTE 3. CONTENT ASSETS

Content Assets

The content we stream to our users is generally acquired by securing the intellectual property rights to the content through licenses from, and paying royalties or other consideration to, rights holders or their agents. The licensing can be for a fixed fee or can be a revenue sharing arrangement. The licensing arrangements specify the period when the content is available for streaming, the territories, the platforms, the fee structure and other standard content licensing terms defining the rights and/or restrictions for how the licensed content can be used by Loop Media. We also develop original content internally, which is capitalized when the content is ready and available for streaming and generally amortized over a period of 2 two to three years.

As of June 30, 2025, content assets were recorded on our unaudited condensed consolidated balance sheets as follows:

 SCHEDULE OF CONTENT ASSETS

Of the $76,329 recorded as content asset, net – noncurrent, $76,329 was internally-developed content asset, net.

We recorded amortization expense in cost of revenue, in our unaudited condensed consolidated statements of operations, related to capitalized content assets:

 SCHEDULE OF AMORTIZATION EXPENSE RELATED TO CONTENT ASSETS

Our content license contracts are typically 2 two to three years. The amortization expense for the next three years for capitalized content assets as of June 30, 2025:

 SCHEDULE OF FUTURE AMORTIZATION EXPENSE

License Content Liabilities

At June 30, 2025, we had obligations on our unaudited condensed consolidated balance sheets comprised of:

 SCHEDULE OF LICENSE CONTENT LIABILITIES

Payments for content liabilities for the nine months ended June 30, 2025, were $499,668. The expected timing of the remaining payments for these content obligations is as follows:

 SCHEDULE OF PAYMENTS FOR CONTENT LIABILITIES