VerifyMe, Inc. Annual Amortization of Intangible Assets in USD from 2019 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
VerifyMe, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • VerifyMe, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $277K, a 4.14% increase year-over-year.
  • VerifyMe, Inc. annual Amortization of Intangible Assets for 2023 was $1.03M, a 56.8% increase from 2022.
  • VerifyMe, Inc. annual Amortization of Intangible Assets for 2022 was $657K, a 927% increase from 2021.
  • VerifyMe, Inc. annual Amortization of Intangible Assets for 2021 was $64K, a 129% 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 $1.03M +$373K +56.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-29
2022 $657K +$593K +927% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-29
2021 $64K +$36K +129% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-28
2020 $28K -$6K -17.6% Jan 1, 2020 Dec 31, 2020 10-K 2021-03-25
2019 $34K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-25
* An asterisk sign (*) next to the value indicates that the value is likely invalid.