Amortization of Intangible Assets of Digerati Technologies, Inc. from 31 Jul 2017 to 31 Oct 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
Digerati Technologies, Inc. quarterly and annual Amortization of Intangible Assets in USD history and change rate from 31 Jul 2017 to 31 Oct 2023.
  • Digerati Technologies, Inc. Amortization of Intangible Assets for the quarter ending 31 Oct 2023 was $490,076, a 35% decline year-over-year.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2023 was $2,977,238, a 22% increase from 2022.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $2,448,274.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2020 was $25,504, a 58% decline from 2019.
Source SEC data
View on sec.gov
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Change (%)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Change (%)

Digerati Technologies, Inc. Quarterly Amortization of Intangible Assets (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q3 2023 $490,076 -$266,761 -35% 01 Aug 2023 31 Oct 2023 10-Q 26 Dec 2023 2024 Q1
Q3 2022 $756,837 01 Aug 2022 31 Oct 2022 10-Q 26 Dec 2023 2024 Q1

Digerati Technologies, Inc. Annual Amortization of Intangible Assets (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 $2,977,238 +$528,964 +22% 01 Aug 2022 31 Jul 2023 10-K 24 Nov 2023 2023 FY
2022 $2,448,274 01 Aug 2021 31 Jul 2022 10-K 24 Nov 2023 2023 FY
2020 $25,504 -$34,996 -58% 01 Aug 2019 31 Jul 2020 10-K 29 Oct 2020 2020 FY
2019 $60,500 -$24,939,500 -100% 01 Aug 2018 31 Jul 2019 10-K 29 Oct 2020 2020 FY
2018 $25,000,000 +$25,000,000 01 Aug 2017 31 Jul 2018 10-K 28 Oct 2019 2019 FY
2017 $0 01 Aug 2016 31 Jul 2017 10-K/A 13 Feb 2019 2018 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.