System1, 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
System1, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2023.
  • System1, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $18.7M, unchanged year-over-year.
  • System1, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $74.7M, a 42.9% increase year-over-year.
  • System1, Inc. annual Amortization of Intangible Assets for 2023 was $74.7M, a 8.96% increase from 2022.
  • System1, Inc. annual Amortization of Intangible Assets for 2022 was $68.5M, a 693% increase from 2021.
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 $74.7M +$6.14M +8.96% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-15
2022 $68.5M +$59.9M +693% Jan 27, 2022 Dec 31, 2022 10-K 2024-03-15
2021 $8.64M Jan 1, 2021 Dec 31, 2021 10-K 2023-06-06
* An asterisk sign (*) next to the value indicates that the value is likely invalid.