Reliance Global Group, Inc. Annual Amortization of Intangible Assets in USD from 2019 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
Reliance Global Group, Inc. annual/quarterly Amortization of Intangible Assets history and growth rate from 2019 to 2023.
  • Reliance Global Group, Inc. Amortization of Intangible Assets for the quarter ending March 31, 2022 was $600K, a 112% increase year-over-year.
  • Reliance Global Group, Inc. Amortization of Intangible Assets for the twelve months ending March 31, 2022 was $1.9M, a 46.1% increase year-over-year.
  • Reliance Global Group, Inc. annual Amortization of Intangible Assets for 2023 was $2.56M, a 1.49% increase from 2022.
  • Reliance Global Group, Inc. annual Amortization of Intangible Assets for 2022 was $2.53M, a 59.1% increase from 2021.
  • Reliance Global Group, Inc. annual Amortization of Intangible Assets for 2021 was $1.59M, a 22.4% 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 $2.56M +$37.7K +1.49% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-04
2022 $2.53M +$938K +59.1% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-04
2021 $1.59M +$291K +22.4% Jan 1, 2021 Dec 31, 2021 10-K/A 2023-08-10
2020 $1.3M +$663K +105% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $634K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.