Amortization of Intangible Assets in USD of NORTECH SYSTEMS INC from 2011 to 2024

Taxonomy & unit
us-gaap: USD
Description
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.
Summary
Nortech Systems Inc quarterly/annual Amortization of Intangible Assets history and change rate from 2011 to 2024.
  • Nortech Systems Inc Amortization of Intangible Assets for the quarter ending 30 Jun 2024 was $40K, unchanged year-over-year.
  • Nortech Systems Inc Amortization of Intangible Assets for the twelve months ending 30 Jun 2024 was $159K, unchanged year-over-year.
  • Nortech Systems Inc annual Amortization of Intangible Assets for 2024 was $89K, a 44% decline from 2023.
  • Nortech Systems Inc annual Amortization of Intangible Assets for 2023 was $159K, a 6% increase from 2022.
  • Nortech Systems Inc annual Amortization of Intangible Assets for 2022 was $150K, a 14.8% decline from 2021.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Change (%)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Change (%)

NORTECH SYSTEMS INC Quarterly Amortization of Intangible Assets (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $159K $40K $0 0% 01 Apr 2024 30 Jun 2024 10-Q 08 Aug 2024
Q1 2024 $159K $40K $0 0% 01 Jan 2024 31 Mar 2024 10-Q 14 May 2024
Q4 2023 $159K $40K +$1K +2.56% 01 Oct 2023 31 Dec 2023 10-K 31 Mar 2025
Q3 2023 $158K $39K -$1K -2.5% 01 Jul 2023 30 Sep 2023 10-Q 14 Nov 2023
Q2 2023 $159K $40K +$5K +14.3% 01 Apr 2023 30 Jun 2023 10-Q 08 Aug 2024
Q1 2023 $154K $40K +$4K +11.1% 01 Jan 2023 31 Mar 2023 10-Q 14 May 2024
Q4 2022 $150K $39K $0 0% 01 Oct 2022 31 Dec 2022 10-K 20 Mar 2024
Q3 2022 $150K $40K -$5K -11.1% 01 Jul 2022 30 Sep 2022 10-Q 14 Nov 2023
Q2 2022 $155K $35K -$11K -23.9% 01 Apr 2022 30 Jun 2022 10-Q 09 Aug 2023
Q1 2022 $166K $36K -$10K -21.7% 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023
Q4 2021 $176K $39K -$7K -15.2% 01 Oct 2021 31 Dec 2021 10-K 17 Mar 2023
Q3 2021 $183K $45K -$2K -4.26% 01 Jul 2021 30 Sep 2021 10-Q 09 Nov 2022
Q2 2021 $185K $46K -$1K -2.13% 01 Apr 2021 30 Jun 2021 10-Q 10 Aug 2022
Q1 2021 $186K $46K -$5K -9.8% 01 Jan 2021 31 Mar 2021 10-Q 10 May 2022
Q4 2020 $191K $46K -$9K -16.4% 01 Oct 2020 31 Dec 2020 10-K 17 Mar 2022
Q3 2020 $200K $47K -$8K -14.5% 01 Jul 2020 30 Sep 2020 10-Q 12 Nov 2020
Q2 2020 $208K $47K -$8K -14.5% 01 Apr 2020 30 Jun 2020 10-Q 11 Aug 2020
Q1 2020 $216K $51K -$3K -5.56% 01 Jan 2020 31 Mar 2020 10-Q 14 May 2021
Q4 2019 $219K $55K +$1K +1.85% 01 Oct 2019 31 Dec 2019 10-K 23 Mar 2021
Q3 2019 $218K $55K $0 0% 01 Jul 2019 30 Sep 2019 10-Q 12 Nov 2019
Q2 2019 $218K $55K $0 0% 01 Apr 2019 30 Jun 2019 10-Q 14 Aug 2019
Q1 2019 $218K $54K -$1K -1.82% 01 Jan 2019 31 Mar 2019 10-Q 13 May 2020
Q4 2018 $219K $54K -$1K -1.82% 01 Oct 2018 31 Dec 2018 10-K 19 Mar 2020
Q3 2018 $220K $55K -$21K -27.6% 01 Jul 2018 30 Sep 2018 10-Q 14 Nov 2018
Q2 2018 $241K $55K -$1K -1.79% 01 Apr 2018 30 Jun 2018 10-Q 14 Aug 2018
Q1 2018 $242K $55K +$5K +10% 01 Jan 2018 31 Mar 2018 10-Q 15 May 2019
Q4 2017 $237K $55K +$7.34K +15.4% 01 Oct 2017 31 Dec 2017 10-K 01 Apr 2019
Q3 2017 $230K $76K +$28.3K +59.5% 01 Jul 2017 30 Sep 2017 10-Q 14 Nov 2018
Q2 2017 $201K $56K +$8.33K +17.5% 01 Apr 2017 30 Jun 2017 10-Q 14 Aug 2018
Q1 2017 $193K $50K +$2.34K +4.9% 01 Jan 2017 31 Mar 2017 10-Q 11 May 2018
Q4 2016 $191K $47.7K -$2 0% 01 Oct 2016 31 Dec 2016 10-K 27 Mar 2018
Q3 2016 $191K $47.7K -$2 0% 01 Jul 2016 30 Sep 2016 10-Q 08 Nov 2017
Q2 2016 $191K $47.7K +$46.3K +3503% 01 Apr 2016 30 Jun 2016 10-Q 09 Aug 2017
Q1 2016 $144K $47.7K +$46.3K +3503% 01 Jan 2016 31 Mar 2016 10-Q 11 May 2017
Q4 2015 $98K $47.7K 01 Oct 2015 31 Dec 2015 10-K 08 Mar 2017
Q3 2015 $47.7K +$46.3K +3503% 01 Jul 2015 30 Sep 2015 10-Q 02 Nov 2016
Q2 2015 $1.32K 01 Apr 2015 30 Jun 2015 10-Q 03 Aug 2016
Q1 2015 $1.32K 01 Jan 2015 31 Mar 2015 10-Q 04 May 2016
Q3 2014 $1.32K 01 Jul 2014 30 Sep 2014 10-Q 05 Nov 2015
Q1 2013 $1.32K -$11.3K -89.5% 01 Jan 2013 31 Mar 2013 10-Q 10 May 2013
Q1 2012 $12.6K 01 Jan 2012 31 Mar 2012 10-Q 10 May 2013

NORTECH SYSTEMS INC Annual Amortization of Intangible Assets (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $89K -$70K -44% 01 Jan 2024 31 Dec 2024 10-K 31 Mar 2025
2023 $159K +$9K +6% 01 Jan 2023 31 Dec 2023 10-K 31 Mar 2025
2022 $150K -$26K -14.8% 01 Jan 2022 31 Dec 2022 10-K 20 Mar 2024
2021 $176K -$15K -7.85% 01 Jan 2021 31 Dec 2021 10-K 17 Mar 2023
2020 $191K -$28K -12.8% 01 Jan 2020 31 Dec 2020 10-K 17 Mar 2022
2019 $219K $0 0% 01 Jan 2019 31 Dec 2019 10-K 23 Mar 2021
2018 $219K -$18K -7.6% 01 Jan 2018 31 Dec 2018 10-K 19 Mar 2020
2017 $237K +$46.3K +24.3% 01 Jan 2017 31 Dec 2017 10-K 01 Apr 2019
2016 $191K +$92.7K +94.6% 01 Jan 2016 31 Dec 2016 10-K 27 Mar 2018
2015 $98K +$92.7K +1751% 01 Jan 2015 31 Dec 2015 10-K 08 Mar 2017
2014 $5.29K +$1.00 +0.02% 01 Jan 2014 31 Dec 2014 10-K 22 Mar 2016
2013 $5.29K -$11.3K -68.1% 01 Jan 2013 31 Dec 2013 10-K 11 Mar 2015
2012 $16.6K -$124K -88.2% 01 Jan 2012 31 Dec 2012 10-K 07 Mar 2014
2011 $141K 01 Jan 2011 31 Dec 2011 10-K 08 Mar 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.