NORTECH SYSTEMS INC Quarterly Amortization of Intangible Assets in USD from Q1 2012 to Q2 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 growth rate from Q1 2012 to Q2 2024.
  • Nortech Systems Inc Amortization of Intangible Assets for the quarter ending June 30, 2024 was $40K, unchanged year-over-year.
  • Nortech Systems Inc Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $159K, unchanged year-over-year.
  • 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.
  • Nortech Systems Inc annual Amortization of Intangible Assets for 2021 was $176K, a 7.85% decline from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $159K $40K $0 0% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-08
Q1 2024 $159K $40K $0 0% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-14
Q4 2023 $159K $40K +$1K +2.56% Oct 1, 2023 Dec 31, 2023 10-Q 2024-11-07
Q3 2023 $158K $39K -$1K -2.5% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $159K $40K +$5K +14.3% Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-08
Q1 2023 $154K $40K +$4K +11.1% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q4 2022 $150K $39K $0 0% Oct 1, 2022 Dec 31, 2022 10-K 2024-03-20
Q3 2022 $150K $40K -$5K -11.1% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $155K $35K -$11K -23.9% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-09
Q1 2022 $166K $36K -$10K -21.7% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q4 2021 $176K $39K -$7K -15.2% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-17
Q3 2021 $183K $45K -$2K -4.26% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-09
Q2 2021 $185K $46K -$1K -2.13% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-10
Q1 2021 $186K $46K -$5K -9.8% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 $191K $46K -$9K -16.4% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-17
Q3 2020 $200K $47K -$8K -14.5% Jul 1, 2020 Sep 30, 2020 10-Q 2020-11-12
Q2 2020 $208K $47K -$8K -14.5% Apr 1, 2020 Jun 30, 2020 10-Q 2020-08-11
Q1 2020 $216K $51K -$3K -5.56% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-14
Q4 2019 $219K $55K +$1K +1.85% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-23
Q3 2019 $218K $55K $0 0% Jul 1, 2019 Sep 30, 2019 10-Q 2019-11-12
Q2 2019 $218K $55K $0 0% Apr 1, 2019 Jun 30, 2019 10-Q 2019-08-14
Q1 2019 $218K $54K -$1K -1.82% Jan 1, 2019 Mar 31, 2019 10-Q 2020-05-13
Q4 2018 $219K $54K -$1K -1.82% Oct 1, 2018 Dec 31, 2018 10-K 2020-03-19
Q3 2018 $220K $55K -$21K -27.6% Jul 1, 2018 Sep 30, 2018 10-Q 2018-11-14
Q2 2018 $241K $55K -$1K -1.79% Apr 1, 2018 Jun 30, 2018 10-Q 2018-08-14
Q1 2018 $242K $55K +$5K +10% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-15
Q4 2017 $237K $55K +$7.34K +15.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-04-01
Q3 2017 $230K $76K +$28.3K +59.5% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-14
Q2 2017 $201K $56K +$8.33K +17.5% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-14
Q1 2017 $193K $50K +$2.34K +4.9% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-11
Q4 2016 $191K $47.7K -$2 0% Oct 1, 2016 Dec 31, 2016 10-K 2018-03-27
Q3 2016 $191K $47.7K -$2 0% Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-08
Q2 2016 $191K $47.7K +$46.3K +3503% Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-09
Q1 2016 $144K $47.7K +$46.3K +3503% Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-11
Q4 2015 $98K $47.7K Oct 1, 2015 Dec 31, 2015 10-K 2017-03-08
Q3 2015 $47.7K +$46.3K +3503% Jul 1, 2015 Sep 30, 2015 10-Q 2016-11-02
Q2 2015 $1.32K Apr 1, 2015 Jun 30, 2015 10-Q 2016-08-03
Q1 2015 $1.32K Jan 1, 2015 Mar 31, 2015 10-Q 2016-05-04
Q3 2014 $1.32K Jul 1, 2014 Sep 30, 2014 10-Q 2015-11-05
Q1 2013 $1.32K -$11.3K -89.5% Jan 1, 2013 Mar 31, 2013 10-Q 2013-05-10
Q1 2012 $12.6K Jan 1, 2012 Mar 31, 2012 10-Q 2013-05-10
* An asterisk sign (*) next to the value indicates that the value is likely invalid.