Powerfleet, Inc. Annual Amortization of Intangible Assets in USD from 2017 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
Powerfleet, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2017 to 2023.
  • Powerfleet, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2024 was $3.84M, a 112% increase year-over-year.
  • Powerfleet, Inc. Amortization of Intangible Assets for the twelve months ending September 30, 2024 was $11.6M, a 103% increase year-over-year.
  • Powerfleet, Inc. annual Amortization of Intangible Assets for 2023 was $5.57M, a 9.65% increase from 2022.
  • Powerfleet, Inc. annual Amortization of Intangible Assets for 2022 was $5.08M, a 1.46% decline from 2021.
  • Powerfleet, Inc. annual Amortization of Intangible Assets for 2021 was $5.15M, a 3.27% 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 $5.57M +$490K +9.65% Jan 1, 2023 Dec 31, 2023 10-KT 2024-08-22
2022 $5.08M -$75K -1.46% Jan 1, 2022 Dec 31, 2022 10-KT 2024-08-22
2021 $5.15M -$174K -3.27% Jan 1, 2021 Dec 31, 2021 10-KT 2024-08-22
2020 $5.33M +$3.36M +171% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-31
2019 $1.97M +$1.26M +176% Jan 1, 2019 Dec 31, 2019 10-K/A 2022-08-26
2018 $712K +$337K +89.9% Jan 1, 2018 Dec 31, 2018 10-K 2021-03-22
2017 $375K Jan 1, 2017 Dec 31, 2017 10-K 2020-04-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.