Superior Drilling Products, Inc. Annual Amortization of Intangible Assets in USD from 2013 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
Superior Drilling Products, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2013 to 2023.
  • Superior Drilling Products, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $0.000, a 100% decline year-over-year.
  • Superior Drilling Products, Inc. Amortization of Intangible Assets for the twelve months ending March 31, 2024 was $27.3K, a 83.6% decline year-over-year.
  • Superior Drilling Products, Inc. annual Amortization of Intangible Assets for 2023 was $69K, a 58.7% decline from 2022.
  • Superior Drilling Products, Inc. annual Amortization of Intangible Assets for 2022 was $167K, a 71.4% decline from 2021.
  • Superior Drilling Products, Inc. annual Amortization of Intangible Assets for 2021 was $583K, a 50% decline 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 $69K -$98K -58.7% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $167K -$416K -71.4% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $583K -$583K -50% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-16
2020 $1.17M -$533K -31.4% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-24
2019 $1.7M -$747K -30.5% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-16
2018 $2.45M +$1.00 0% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-18
2017 $2.45M -$1 0% Jan 1, 2017 Dec 31, 2017 10-K/A 2019-08-19
2016 $2.45M $0 0% Jan 1, 2016 Dec 31, 2016 10-K 2018-03-23
2015 $2.45M +$1.02M +71.4% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-31
2014 $1.43M +$1.43M Jan 1, 2014 Dec 31, 2014 10-K 2016-03-30
2013 $0 Jan 1, 2013 Dec 31, 2013 10-K 2015-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.