SMART FOR LIFE, 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
Smart For Life, Inc. annual/quarterly Amortization of Intangible Assets history and growth rate from 2021 to 2023.
  • Smart For Life, Inc. Amortization of Intangible Assets for the quarter ending September 30, 2023 was $570K, a 28.7% increase year-over-year.
  • Smart For Life, Inc. annual Amortization of Intangible Assets for 2023 was $2.15M, a 17% increase from 2022.
  • Smart For Life, Inc. annual Amortization of Intangible Assets for 2022 was $1.84M, a 63.2% decline from 2021.
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 $2.15M +$313K +17% Jan 1, 2023 Dec 31, 2023 10-K 2024-09-20
2022 $1.84M -$3.16M -63.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-09-20
2021 $5M Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.