QUEST PATENT RESEARCH CORP Annual Amortization of Intangible Assets in USD from 2020 to 2023

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
Quest Patent Research Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Quest Patent Research Corp Amortization of Intangible Assets for the quarter ending March 31, 2024 was $167K, a 5.03% increase year-over-year.
  • Quest Patent Research Corp annual Amortization of Intangible Assets for 2023 was $787K, a 13.6% decline from 2022.
  • Quest Patent Research Corp annual Amortization of Intangible Assets for 2022 was $910K, a 21.5% decline from 2021.
  • Quest Patent Research Corp annual Amortization of Intangible Assets for 2021 was $1.16M, a 78.9% increase from 2020.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $787K -$124K -13.6% Jan 1, 2023 Dec 31, 2023 10-K/A 2024-05-14
2022 $910K -$250K -21.5% Jan 1, 2022 Dec 31, 2022 10-K/A 2024-05-14
2021 $1.16M +$511K +78.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $648K Jan 1, 2020 Dec 31, 2020 10-K 2022-04-01
* An asterisk sign (*) next to the value indicates that the value is likely invalid.