FARO TECHNOLOGIES INC Quarterly Amortization of Intangible Assets in USD from Q2 2023 to Q3 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
Faro Technologies Inc quarterly/annual Amortization of Intangible Assets history and growth rate from Q2 2023 to Q3 2024.
  • Faro Technologies Inc Amortization of Intangible Assets for the quarter ending September 30, 2024 was $2.2M, a 15.8% increase year-over-year.
  • Faro Technologies Inc annual Amortization of Intangible Assets for 2023 was $7.7M, a 35.1% increase from 2022.
  • Faro Technologies Inc annual Amortization of Intangible Assets for 2022 was $5.7M, a 35.7% increase from 2021.
  • Faro Technologies Inc annual Amortization of Intangible Assets for 2021 was $4.2M, a 23.5% increase 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
Q3 2024 $2.2M +$300K +15.8% Jul 1, 2024 Sep 30, 2024 10-Q 2024-11-06
Q2 2024 $2.1M +$100K +5% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-08
Q3 2023 $1.9M Jul 1, 2023 Sep 30, 2023 10-Q 2024-11-06
Q2 2023 $2M Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.