Motorsport Games Inc. Annual Amortization of Intangible Assets in USD from 2019 to 2020

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
Motorsport Games Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2019 to 2020.
  • Motorsport Games Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $500K, a 25% increase year-over-year.
  • Motorsport Games Inc. annual Amortization of Intangible Assets for 2020 was $651K, a 19.7% decline 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
2020 $651K -$160K -19.7% Jan 1, 2020 Dec 31, 2020 10-Q 2021-05-17
2019 $810K Jan 1, 2019 Dec 31, 2019 10-Q 2021-05-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.