Digerati Technologies, Inc. Annual Amortization of Intangible Assets in USD from 2017 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
Digerati Technologies, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2017 to 2023.
  • Digerati Technologies, Inc. Amortization of Intangible Assets for the quarter ending October 31, 2023 was $490K, a 35.2% decline year-over-year.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2023 was $2.98M, a 21.6% increase from 2022.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $2.45M.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2020 was $25.5K, a 57.8% decline from 2019.
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 $2.98M +$529K +21.6% Aug 1, 2022 Jul 31, 2023 10-K 2023-11-24
2022 $2.45M Aug 1, 2021 Jul 31, 2022 10-K 2023-11-24
2020 $25.5K -$35K -57.8% Aug 1, 2019 Jul 31, 2020 10-K 2020-10-29
2019 $60.5K -$24.9M -99.8% Aug 1, 2018 Jul 31, 2019 10-K 2020-10-29
2018 $25M +$25M Aug 1, 2017 Jul 31, 2018 10-K 2019-10-28
2017 $0 Aug 1, 2016 Jul 31, 2017 10-K/A 2019-02-13
* An asterisk sign (*) next to the value indicates that the value is likely invalid.