FARO TECHNOLOGIES INC Annual Amortization of Intangible Assets in USD from 2010 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
Faro Technologies Inc quarterly/annual Amortization of Intangible Assets history and growth rate from 2010 to 2023.
  • 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, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $7.7M +$2M +35.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $5.7M +$1.5M +35.7% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $4.2M +$800K +23.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $3.4M -$2.2M -39.3% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-15
2019 $5.6M +$200K +3.7% Jan 1, 2019 Dec 31, 2019 10-K 2022-02-16
2018 $5.4M +$900K +20% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-17
2017 $4.5M +$1.6M +55.2% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-19
2016 $2.9M +$900K +45% Jan 1, 2016 Dec 31, 2016 10-K 2019-02-21
2015 $2M +$743K +59.1% Jan 1, 2015 Dec 31, 2015 10-K 2018-02-21
2014 $1.26M +$44K +3.63% Jan 1, 2014 Dec 31, 2014 10-K 2017-02-24
2013 $1.21M +$6K +0.5% Jan 1, 2013 Dec 31, 2013 10-K 2016-02-29
2012 $1.21M -$111K -8.42% Jan 1, 2012 Dec 31, 2012 10-K 2015-02-25
2011 $1.32M -$166K -11.2% Jan 1, 2011 Dec 31, 2011 10-K 2014-02-26
2010 $1.48M Jan 1, 2010 Dec 31, 2010 10-K 2013-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.