Axil Brands, Inc. Annual Amortization of Intangible Assets in USD from 2021 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
Axil Brands, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2023.
  • Axil Brands, Inc. Amortization of Intangible Assets for the quarter ending August 31, 2024 was $3K, a 84.5% decline year-over-year.
  • Axil Brands, Inc. Amortization of Intangible Assets for the twelve months ending August 31, 2024 was $79.3K, a 2.29% increase year-over-year.
  • Axil Brands, Inc. annual Amortization of Intangible Assets for 2023 was $95.6K, a 28.8% increase from 2022.
  • Axil Brands, Inc. annual Amortization of Intangible Assets for 2022 was $74.3K.
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 $95.6K +$21.4K +28.8% Jun 1, 2023 May 31, 2024 10-K 2024-08-15
2022 $74.3K +$74.3K Jun 1, 2022 May 31, 2023 10-K 2024-08-15
2021 $0 Jun 1, 2021 May 31, 2022 10-K 2023-08-21
* An asterisk sign (*) next to the value indicates that the value is likely invalid.