Vertex, Inc. 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
Vertex, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2023.
  • Vertex, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $650K, a 12.9% decline year-over-year.
  • Vertex, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $2.62M, a 18% decline year-over-year.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2023 was $2.88M, a 28.1% decline from 2022.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2022 was $4.01M, a 276% increase from 2021.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2021 was $1.07M, a 141% increase 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 $2.88M -$1.13M -28.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-29
2022 $4.01M +$2.95M +276% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-29
2021 $1.07M +$623K +141% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $443K Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
* An asterisk sign (*) next to the value indicates that the value is likely invalid.