Company: UONE
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001041657-25-000054
Chunk: 27

Company: URBAN ONE, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 2
Chunk 27
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, on the unaudited condensed consolidated statement of operations during the three months ended June 30, 2025. During the nine months ended September 30, 2025 the Company recognized impairment loss of approximately $127.8 million within the Radio Broadcasting segment, included in impairment of goodwill and intangible assets, on the unaudited condensed consolidated statement of operations. 

Below are the key assumptions used in the income approach model for estimating the fair value of the broadcasting licenses for the thirteen radio markets in the most recent interim impairment assessment performed as of May 31, 2025.

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Unit of Accounting (a)Carrying Value (in millions)Excess % FV over CVDiscount RateRevenue Growth Rate Market ShareOperating Profit Margin1$52.0Impaired9.5%(1.5)% - 0.1%2.5% - 15.0%5.0% - 30.0%23.1408.1%9.5%(2.1)% - (0.4)%3.2% - 19.0%5.0% - 30.0%48.2Impaired9.5%(1.3)% - 0.3%4.3% - 26.0%0.8% - 17.0%57.5Impaired9.5%(2.3)% - (0.5)%1.2% - 7.0%2.5% - 15.0%66.9Impaired9.5%(3.2)% - (0.5)%2.5% - 15.0%3.3% - 20.0%77.1Impaired9.5%(2.2)% - (0.5)%2.0% - 12.0%2.5% - 15.0%813.0Impaired9.5%(1.6)% - 0.0%0.8% - 5.0%2.5% - 15.0%1093.0Impaired9.5%(1.8)% - (0.1)%3.7% - 22.0%5.0% - 30.0%1112.0Impaired9.5%(1.9)% - (0.4)%5.5% - 33.0%2.8% - 17.0%129.8