Vertex Energy Inc. Annual Amortization of Intangible Assets in USD from 2011 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
Vertex Energy Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2011 to 2023.
  • Vertex Energy Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $1.1M, a 10% increase year-over-year.
  • Vertex Energy Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $4.3M, a 2.38% increase year-over-year.
  • Vertex Energy Inc. annual Amortization of Intangible Assets for 2023 was $4.1M, a 10.8% increase from 2022.
  • Vertex Energy Inc. annual Amortization of Intangible Assets for 2022 was $3.7M, a 118% increase from 2021.
  • Vertex Energy Inc. annual Amortization of Intangible Assets for 2021 was $1.7M, a 6.25% increase from 2020.
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 $4.1M +$400K +10.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-07
2022 $3.7M +$2M +118% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-07
2021 $1.7M +$100K +6.25% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-07
2020 $1.6M +$1.6M Jan 1, 2020 Dec 31, 2020 10-K 2023-03-01
2019 $0 -$1.82M -100% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-14
2018 $1.82M +$379 +0.02% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-04
2017 $1.82M +$103K +5.99% Jan 1, 2017 Dec 31, 2017 10-K 2019-03-06
2016 $1.72M -$316K -15.6% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-07
2015 $2.03M +$163K +8.73% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-14
2014 $1.87M +$566K +43.5% Jan 1, 2014 Dec 31, 2014 10-K 2016-04-04
2013 $1.3M +$982K +307% Jan 1, 2013 Dec 31, 2013 10-K/A 2015-04-15
2012 $320K +$320K Jan 1, 2012 Dec 31, 2012 10-K/A 2015-04-15
2011 $0 Jan 1, 2011 Dec 31, 2011 10-K 2013-03-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.