Digital Brands Group, 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
Digital Brands Group, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Digital Brands Group, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $720K, a 10.6% decline year-over-year.
  • Digital Brands Group, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $1.67M, a 41% decline year-over-year.
  • Digital Brands Group, Inc. annual Amortization of Intangible Assets for 2023 was $1.99M, a 7.33% decline from 2022.
  • Digital Brands Group, Inc. annual Amortization of Intangible Assets for 2022 was $2.15M, a 90.6% increase from 2021.
  • Digital Brands Group, Inc. annual Amortization of Intangible Assets for 2021 was $1.13M, a 252% 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 $1.99M -$158K -7.33% Jan 1, 2023 Dec 31, 2023 10-K/A 2024-06-03
2022 $2.15M +$1.02M +90.6% Jan 1, 2022 Dec 31, 2022 10-K/A 2024-06-03
2021 $1.13M +$808K +252% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-17
2020 $321K Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.