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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Local Bounti Corporation/DE quarterly/annual Amortization of Intangible Assets history and growth rate from 2021 to 2023.
- Local Bounti Corporation/DE Amortization of Intangible Assets for the quarter ending March 31, 2024 was $893K, a 46.7% decline year-over-year.
- Local Bounti Corporation/DE annual Amortization of Intangible Assets for 2023 was $5.92M, a 17.8% increase from 2022.
- Local Bounti Corporation/DE annual Amortization of Intangible Assets for 2022 was $5.03M.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)