NextTrip, Inc. Quarterly Amortization of Intangible Assets in USD from Q1 2022 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
NextTrip, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from Q1 2022 to Q2 2024.
  • NextTrip, Inc. Amortization of Intangible Assets for the quarter ending May 31, 2024 was $286K, a 13% decline year-over-year.
  • NextTrip, Inc. annual Amortization of Intangible Assets for 2023 was $1.45M, a 5900% increase from 2022.
  • NextTrip, Inc. annual Amortization of Intangible Assets for 2022 was $24.2K, a 361% increase from 2021.
  • NextTrip, Inc. annual Amortization of Intangible Assets for 2021 was $5.24K, a 80.6% decline from 2020.
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 $286K -$42.8K -13% Mar 1, 2024 May 31, 2024 10-Q 2024-09-16
Q2 2023 $329K Mar 1, 2023 May 31, 2023 10-Q 2024-09-16
Q1 2023 $7.42K +$2.44K +49% Jan 1, 2023 Mar 31, 2023 10-Q 2023-05-15
Q1 2022 $4.98K Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.