Innovative Payment Solutions, Inc. Annual Amortization of Intangible Assets in USD from 2016 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
Innovative Payment Solutions, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Innovative Payment Solutions, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $0.000, a 100% decline year-over-year.
  • Innovative Payment Solutions, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $93.1K, a 73.8% decline year-over-year.
  • Innovative Payment Solutions, Inc. annual Amortization of Intangible Assets for 2023 was $347K, a 244% increase from 2022.
  • Innovative Payment Solutions, Inc. annual Amortization of Intangible Assets for 2022 was $101K.
  • Innovative Payment Solutions, Inc. annual Amortization of Intangible Assets for 2021 was $0.000.
Amortization of Intangible Assets, Trailing 12 Months (USD)
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 $347K +$246K +244% Jan 1, 2023 Dec 31, 2023 10-K/A 2024-04-17
2022 $101K +$101K Jan 1, 2022 Dec 31, 2022 10-K/A 2024-04-17
2021 $0 Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2018 $43K $0 0% Jan 1, 2018 Dec 31, 2018 10-K 2019-04-09
2017 $43K $0 0% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-09
2016 $43K Jan 1, 2016 Dec 31, 2016 10-K 2018-04-17
* An asterisk sign (*) next to the value indicates that the value is likely invalid.