Iridium Communications Inc. Quarterly Amortization of Intangible Assets in USD from Q2 2023 to Q2 2024

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
Iridium Communications Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from Q2 2023 to Q2 2024.
  • Iridium Communications Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $2.4M, a 500% increase year-over-year.
  • Iridium Communications Inc. annual Amortization of Intangible Assets for 2023 was $1.5M, a 6.25% decline from 2022.
  • Iridium Communications Inc. annual Amortization of Intangible Assets for 2022 was $1.6M, unchanged from 2021.
  • Iridium Communications Inc. annual Amortization of Intangible Assets for 2021 was $1.6M, a 6.67% increase from 2020.
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
Q2 2024 $2.4M +$2M +500% Apr 1, 2024 Jun 30, 2024 10-Q 2024-07-23
Q2 2023 $400K Apr 1, 2023 Jun 30, 2023 10-Q 2024-07-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.