NORTHERN TECHNOLOGIES INTERNATIONAL CORP Annual Amortization of Intangible Assets in USD from 2022 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
Northern Technologies International Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2022 to 2023.
  • Northern Technologies International Corp Amortization of Intangible Assets for the quarter ending May 31, 2024 was $148K, a 0.69% increase year-over-year.
  • Northern Technologies International Corp Amortization of Intangible Assets for the twelve months ending May 31, 2024 was $560K, a 6.28% decline year-over-year.
  • Northern Technologies International Corp annual Amortization of Intangible Assets for 2023 was $558K, a 11.3% decline from 2022.
Amortization of Intangible Assets, Trailing 12 Months (USD)
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 $558K -$71.4K -11.3% Sep 1, 2022 Aug 31, 2023 10-K 2023-11-21
2022 $630K Sep 1, 2021 Aug 31, 2022 10-K 2023-11-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.