iCoreConnect Inc. Annual Amortization of Intangible Assets in USD from 2022 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
iCoreConnect Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2022 to 2023.
  • iCoreConnect Inc. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $719K, a 154% increase year-over-year.
  • iCoreConnect Inc. annual Amortization of Intangible Assets for 2023 was $283K, a 77.7% decline from 2022.
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 $283K -$986K -77.7% Jan 1, 2023 Dec 31, 2023 10-Q 2024-05-15
2022 $1.27M Jan 1, 2022 Dec 31, 2022 10-K 2024-04-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.