FGI Industries Ltd. Annual Amortization of Intangible Assets in USD from 2023 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
FGI Industries Ltd. annual/quarterly Amortization of Intangible Assets history and growth rate from 2023 to 2024.
  • FGI Industries Ltd. Amortization of Intangible Assets for the quarter ending March 31, 2024 was $498K, a 29.1% increase year-over-year.
  • FGI Industries Ltd. annual Amortization of Intangible Assets for 2024 was $2.7M, a 48.7% increase from 2023.
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 +$885K +48.7% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 $1.82M Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.