Edward is actually a cyber author having a mechanical engineering track record. His work has been referenced by tutorial institutions and government bodies.
Our created and accredited video clip content material is largely monetized jointly being a device, often called a film group, in each key geography in which we offer Amazon Prime memberships. These film groups are evaluated for impairment Anytime an occasion takes place or situations modify indicating the truthful benefit is below the carrying price. The entire capitalized fees of movie, and that is largely produced written content, and music as of December 31, 2021 and 2022 had been $10.
We classify cash, cash equivalents, and marketable mounted cash flow securities with use constraints of fewer than twelve months as “Accounts receivable, Internet as well as other” and of twelve months or longer as non-latest “Other property” on our consolidated harmony sheets. See “Take note 7 — Commitments and Contingencies.”
For long-lived assets used in operations, together with lease assets, impairment losses are only recorded In case the asset’s carrying amount just isn't recoverable by its undiscounted, chance-weighted potential cash flows. We measure the impairment reduction depending on the difference between the carrying quantity and estimated reasonable price. Long-lived assets are deemed held available when sure criteria are satisfied, like when management has committed to a intend to market the asset, the asset is accessible for sale in its fast affliction, plus the sale is probable inside a single 12 months with the reporting date.
We also may not be able to accumulate or keep acceptable area names in all nations where we do enterprise. On top of that, restrictions governing area names might not secure our logos and related proprietary rights. We could be not able to stop 3rd functions from buying domain names which are similar to, infringe on, or diminish the value of our logos and other proprietary legal rights.
We feel that cash flows produced from operations and our cash, cash equivalents, and marketable securities balances, and also our borrowing preparations, will probably be sufficient more info to fulfill our expected running cash demands for a minimum of the subsequent twelve months. Even so, any projections of long run cash desires and cash flows are subject matter to significant uncertainty.
Obtained identifiable intangible property are valued mostly by using discounted cash flows. These property are integrated inside “Other belongings” on our consolidated harmony sheets and consist of the next (in thousands and thousands):
Any Handle process, Regardless how perfectly made and operated, is based on certain assumptions and can provide only sensible, not absolute, assurance that its goals are going to be met. More, no evaluation of controls can provide absolute assurance that misstatements on account of error or fraud will never come about or that each one Management difficulties and instances of fraud, if any, inside the Company have already been detected.
The world wide web facilitates competitive entry and comparison buying, which enhances the flexibility of latest, smaller sized, or lesser recognized businesses to contend towards us. As a result of competition, our products and service choices is probably not profitable, we could fail to achieve or may eliminate organization, and we might be expected to improve our spending or decrease price ranges, any of which could materially decrease our profits and profits.
(three)Involves asset retirement obligations, liabilities linked to electronic media material agreements with First terms bigger than a single 12 months, and also the approximated timing and quantities of payments for rent and tenant advancements linked to build-to-suit lease preparations which can be less than building.
Attackers breached superannuation customer accounts with stolen credentials. We glance at one way to detect compromised accounts sooner.
We file assets and liabilities for estimated construction costs under Develop-to-suit lease preparations when We have now Regulate in excess of the constructing for the duration of the construction period.
Demand for our products and services can fluctuate substantially For most motives, like due to seasonality, promotions, merchandise launches, or unforeseeable functions, for instance in response to international economic conditions which include recessionary fears or soaring inflation, organic or human-caused disasters (like public overall health crises) or Excessive temperature (like as a result of climate adjust), or geopolitical functions. Such as, we assume a disproportionate degree of our retail sales to come about during our fourth quarter. Our failure to stock or restock preferred merchandise in adequate amounts these that we fall short to satisfy buyer demand from customers could substantially have an effect on our income and our long run expansion. When we overstock products, we could be needed to just take sizeable inventory markdowns or create-offs and incur motivation expenses, which could materially minimize profitability.
The defense of our intellectual assets needs the expenditure of sizeable fiscal and managerial means. In addition, the steps we acquire to protect our intellectual residence do not constantly sufficiently protect our rights or avert 3rd