SHIFT TECHNOLOGIES, INC. Annual Amortization of Intangible Assets in USD from 2019 to 2022

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
Shift Technologies, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2022.
  • Shift Technologies, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2023 was $1.1M, a 47.6% decline year-over-year.
  • Shift Technologies, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2023 was $9.6M, a 60% increase year-over-year.
  • Shift Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $8.8M, a 100% increase from 2021.
  • Shift Technologies, Inc. annual Amortization of Intangible Assets for 2021 was $4.4M, a 22.2% increase from 2020.
  • Shift Technologies, Inc. annual Amortization of Intangible Assets for 2020 was $3.6M, a 33.3% increase from 2019.
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
2022 $8.8M +$4.4M +100% Jan 1, 2022 Dec 31, 2022 10-K/A 2023-06-29
2021 $4.4M +$800K +22.2% Jan 1, 2021 Dec 31, 2021 10-K/A 2023-06-29
2020 $3.6M +$900K +33.3% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-16
2019 $2.7M Jan 1, 2019 Dec 31, 2019 10-K 2021-03-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.