Rekor Systems, 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
Rekor Systems, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • Rekor Systems, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $1.17M, a 13.5% increase year-over-year.
  • Rekor Systems, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $4.33M, a 3.59% increase year-over-year.
  • Rekor Systems, Inc. annual Amortization of Intangible Assets for 2023 was $4.06M, a 0.07% decline from 2022.
  • Rekor Systems, Inc. annual Amortization of Intangible Assets for 2022 was $4.06M, a 65% increase from 2021.
  • Rekor Systems, Inc. annual Amortization of Intangible Assets for 2021 was $2.46M, a 80% increase from 2020.
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 $4.06M -$3K -0.07% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-25
2022 $4.06M +$1.6M +65% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-25
2021 $2.46M +$1.09M +80% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-29
2020 $1.37M +$397K +40.9% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $971K +$233K +31.6% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-12
2018 $738K +$192K +35.1% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-30
2017 $546K +$546K Jan 1, 2017 Dec 31, 2017 10-K 2019-04-11
2016 $0 Jan 1, 2016 Dec 31, 2016 10-K 2018-04-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.