Company: HOUS
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001398987-25-000108
Chunk: 56

Company: Anywhere Real Estate Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 8
Chunk 56
---
$787 $2,010 $1,189 $821 Indefinite life—Trademarks (b)$584 $584 $584 $584 Other IntangiblesAmortizable—License agreements (c)$45 $17 $28 $45 $17 $28 Amortizable—Customer relationships (d)449 412 37 449 401 48 Indefinite life—Title plant shares (e)31 31 30 30 Amortizable—Other (f)4 4 — 4 4 — Total Other Intangibles$529 $433 $96 $528 $422 $106 _______________(a)Generally amortized over a period of 30 years.(b)Primarily related to real estate franchise, title and relocation trademarks which are expected to generate future cash flows for an indefinite period of time.(c)Relates to the Sotheby’s International Realty® and Better Homes and Gardens® Real Estate agreements which are being amortized over 50 years (the contractual term of the license agreements).(d)Relates to the customer relationships which are being amortized over a period of 10 to 20 years.(e)Ownership in a title plant is required to transact title insurance in certain states. The Company expects to generate future cash flows for an indefinite period of time.(f)Consists of covenants not to compete which are amortized over their contract lives and other intangibles which are generally amortized over periods ranging from 3 to 5 years.

15

Intangible asset amortization expense is as follows: Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Franchise agreements$17 $17 $34 $33 Customer relationships6 5 11 11 Other— 1 — 1 Total$23 $23 $45 $45 Based on the Company’s amortizable intangible assets as of June 30, 2025, the Company expects related amortization expense for the remainder of 2025, the four succeeding years and thereafter to be approximately $45 million, $89 million, $74 million, $68 million, $68 million and $508 million, respectively.

3.    OTHER CURRENT ASSETS AND ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES 

Other current assets consisted of: