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Taxonomy & unit
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us-gaap: USD
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Description
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The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
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Summary
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Global Tech Industries Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate for 2021.
- Global Tech Industries Group, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2022 was $0.000, a 100% decline year-over-year.