GlobalTech Corp 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
GlobalTech Corp annual/quarterly Amortization of Intangible Assets history and growth rate from 2021 to 2023.
  • GlobalTech Corp Amortization of Intangible Assets for the quarter ending March 31, 2023 was $273K, a 44.8% decline year-over-year.
  • GlobalTech Corp annual Amortization of Intangible Assets for 2023 was $1M, a 56.5% decline from 2022.
  • GlobalTech Corp annual Amortization of Intangible Assets for 2022 was $2.3M, unchanged from 2021.
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.