NEXGEL, INC. Annual Amortization of Intangible Assets in USD from 2022 to 2023
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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Nexgel, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2022 to 2023.
- Nexgel, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $24K, a 500% increase year-over-year.
- Nexgel, Inc. annual Amortization of Intangible Assets for 2023 was $94K, a 623% increase from 2022.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)