Novo Integrated Sciences, Inc. Annual Amortization of Intangible Assets in USD from 2020 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
Novo Integrated Sciences, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Novo Integrated Sciences, Inc. Amortization of Intangible Assets for the quarter ending November 30, 2023 was $500K, a 5% decline year-over-year.
  • Novo Integrated Sciences, Inc. annual Amortization of Intangible Assets for 2023 was $2.01M, a 25.4% decline from 2022.
  • Novo Integrated Sciences, Inc. annual Amortization of Intangible Assets for 2022 was $2.7M, a 68.4% increase from 2021.
  • Novo Integrated Sciences, Inc. annual Amortization of Intangible Assets for 2021 was $1.6M, a 16.9% 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 $2.01M -$686K -25.4% Sep 1, 2022 Aug 31, 2023 10-K 2023-12-14
2022 $2.7M +$1.1M +68.4% Sep 1, 2021 Aug 31, 2022 10-K 2023-12-14
2021 $1.6M +$231K +16.9% Sep 1, 2020 Aug 31, 2021 10-K 2023-04-03
2020 $1.37M Sep 1, 2019 Aug 31, 2020 10-K 2021-12-14
* An asterisk sign (*) next to the value indicates that the value is likely invalid.