Nikola Corp 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
Nikola Corp quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Nikola Corp Amortization of Intangible Assets for the quarter ending September 30, 2024 was $1.9M, unchanged year-over-year.
  • Nikola Corp Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $7.4M, a 1.33% decline year-over-year.
  • Nikola Corp annual Amortization of Intangible Assets for 2023 was $7.4M, a 34.5% increase from 2022.
  • Nikola Corp annual Amortization of Intangible Assets for 2022 was $5.5M.
  • Nikola Corp annual Amortization of Intangible Assets for 2021 was $0.000.
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 $7.4M +$1.9M +34.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-28
2022 $5.5M +$5.5M Jan 1, 2022 Dec 31, 2022 10-K 2024-02-28
2021 $0 $0 Jan 1, 2021 Dec 31, 2021 10-K 2024-02-28
2020 $0 Jan 1, 2020 Dec 31, 2020 Other 2023-08-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.