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SIRI » Topics » Subscriber Management System

This excerpt taken from the SIRI 10-K filed Mar 13, 2006.
Subscriber Management System

      In April 2003, we terminated our agreement with the prior provider of our subscriber management system. As a result of this termination, we recorded a non-cash charge of $14,465 related to the write-off of the net book value of our subscriber management system and $6,846 of legal fees and settlement costs. Such costs are included in customer service and billing expenses and general and administrative expenses, respectively, in the accompanying consolidated statement of operations for the year ended December 31, 2003.

This excerpt taken from the SIRI 10-K filed Mar 16, 2005.
Subscriber Management System

      In April 2003, we terminated our agreement with the prior provider of our subscriber management system. As a result of this termination, we recorded a non-cash charge of $14,465 related to the write-off of the net book value of our subscriber management system and $6,846 of legal fees and settlement costs. Such costs are included in customer service and billing expenses and general and administrative expenses, respectively, in the accompanying consolidated statement of operations for the year ended December 31, 2003.

   

EXCERPTS ON THIS PAGE:

10-K
Mar 13, 2006
10-K
Mar 16, 2005

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