
	As of December 31,
	2025		2024
Licensed content, net and advances	$	95,017	$	152,851
Produced content:
Released, less amortization	57,808		65,990
Completed, not released	9,109		23,267
In production	8,039		7,565
Total produced content, net	74,956		96,822
Total Content assets, net and advances	$	169,973	$	249,673

Current portion (included in Prepaid expenses and other current assets)	$	2,065	$	12,352
Non-current portion	$	167,908	$	237,321

Amortization of content assets is primarily included in Cost of revenue, advertising in the consolidated statements of operations and is as follows (in thousands):


	Years Ended December 31,
	2025		2024		2023
Licensed content	$	168,499	$	161,194	$	161,633
Produced content	40,993		45,181		46,219
Total amortization costs	$	209,492	$	206,375	$	207,852

During the years ended December 31, 2025 and 2024, the Company wrote off $13.7 million and $23.0 million, respectively, of unamortized costs related to produced content assets that were removed from the content library of The Roku Channel. There were no write-offs for the year ended December 31, 2023.

During the year ended December 31, 2023, the Company recognized an impairment charge of $65.5 million related to removing select licensed and produced content from The Roku Channel as part of its restructuring efforts. See Note 18 for additional details. The Company did not recognize any impairment of content assets during the years ended December 31, 2025 and 2024.

The following table reflects the expected amortization costs of released licensed and produced content assets, net for the next three years (in thousands):


	Years Ended December 31,
	2026		2027		2028
Licensed content	$	64,866	$	15,849	$	7,255
Produced content	27,317		16,470		10,832
Total expected amortization costs	$	92,183	$	32,319	$	18,087