v3.26.1
INTANGIBLE ASSETS AND GOODWILL (Tables)
12 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
As of December 31, 2025 and 2024, intangible assets, net and Goodwill, consisted of the following:
December 31, 2025December 31, 2024
Goodwill$8,403 $28,338 
Indefinite-lived intangible assets:
FCC Licenses$162,800 $165,964 
Definite-lived intangible assets:
Customer relationships9,083 11,675 
Software791 1,138 
Other45 112 
Total$181,121 $207,227 
Summary of Methodology Used in Valuation of FCC Licenses
Below are some of the key assumption ranges used in our income method annual impairment assessments for our FCC licenses. The long-term growth rates in the markets in which we operate are based on recent industry trends and our expectations for the market going forward.
December 31, 2025October 1, 2025October 1, 2024
Discount Rate
8.9% - 10.5%
9.1% - 10.9%
12.5%
Long-term Revenue Growth Rate
0.4% - 1.2%
(0.1)% - 1.2%
0.5%
Mature Market Share
0.2% - 10.0%
0.2% - 10.0%
11.3%
Operating Profit Margin
10.0% - 26.7%
15.9% - 27.0%
23.2% - 29.2%
Schedule of Definite-Lived Intangible Assets
The following table presents the weighted-average remaining useful life at December 31, 2025 and gross carrying amount and accumulated amortization for each major class of definite-lived intangible assets at December 31, 2025 and 2024:
December 31, 2025December 31, 2024
Weighted Average Remaining Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Customer relationships13.3$13,704 $4,621 $9,083 $13,704 $2,029 $11,675 
Software2.41,733 942 791 1,733 595 1,138 
Other0.9256 211 45 256 144 112 
Total$15,693 $5,774 $9,919 $15,693 $2,768 $12,925 
Schedule of Finite-Lived Intangible Assets Amortization Expense The Company estimates amortization expense each of the next five years as follows:
Year ended December 31,Amortization Expense
2026$2,477 
20271,930 
20281,398 
2029992 
20303,122 
After 2030— 
Total$9,919