Digerati Technologies, Inc. Quarterly Amortization of Intangible Assets in USD from Q3 2022 to Q3 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
Digerati Technologies, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from Q3 2022 to Q3 2023.
  • Digerati Technologies, Inc. Amortization of Intangible Assets for the quarter ending October 31, 2023 was $490K, a 35.2% decline year-over-year.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2023 was $2.98M, a 21.6% increase from 2022.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2022 was $2.45M.
  • Digerati Technologies, Inc. annual Amortization of Intangible Assets for 2020 was $25.5K, a 57.8% decline from 2019.
Amortization of Intangible Assets, Quarterly (USD)
Amortization of Intangible Assets, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2023 $490K -$267K -35.2% Aug 1, 2023 Oct 31, 2023 10-Q 2023-12-26
Q3 2022 $757K Aug 1, 2022 Oct 31, 2022 10-Q 2023-12-26
* An asterisk sign (*) next to the value indicates that the value is likely invalid.