Vertex, Inc. Annual Amortization of Intangible Assets in USD from 2020 to 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
Vertex, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2020 to 2024.
  • Vertex, Inc. Amortization of Intangible Assets for the quarter ending December 31, 2024 was $636K, a 3.2% decline year-over-year.
  • Vertex, Inc. Amortization of Intangible Assets for the twelve months ending December 31, 2024 was $2.7M, a 6.28% decline year-over-year.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2024 was $2.7M, a 6.28% decline from 2023.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2023 was $2.88M, a 28.1% decline from 2022.
  • Vertex, Inc. annual Amortization of Intangible Assets for 2022 was $4.01M, a 276% increase from 2021.
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
2024 $2.7M -$181K -6.28% Jan 1, 2024 Dec 31, 2024 10-K 2025-02-27
2023 $2.88M -$1.13M -28.1% Jan 1, 2023 Dec 31, 2023 10-K 2025-02-27
2022 $4.01M +$2.95M +276% Jan 1, 2022 Dec 31, 2022 10-K 2025-02-27
2021 $1.07M +$623K +141% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-29
2020 $443K Jan 1, 2020 Dec 31, 2020 10-K 2023-03-10
* An asterisk sign (*) next to the value indicates that the value is likely invalid.