GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ConneXionONE Corp (OTCPK:CNNN) » Definitions » Intangible Assets

ConneXionONE (ConneXionONE) Intangible Assets : $0.57 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is ConneXionONE Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. ConneXionONE's intangible assets for the quarter that ended in Mar. 2024 was $0.57 Mil.


ConneXionONE Intangible Assets Historical Data

The historical data trend for ConneXionONE's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ConneXionONE Intangible Assets Chart

ConneXionONE Annual Data
Trend Dec21 Dec22 Dec23
Intangible Assets
- - -

ConneXionONE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 0.57

ConneXionONE Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


ConneXionONE  (OTCPK:CNNN) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


ConneXionONE Intangible Assets Related Terms

Thank you for viewing the detailed overview of ConneXionONE's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


ConneXionONE (ConneXionONE) Business Description

Traded in Other Exchanges
N/A
Address
39899 Balentine Drive, Suite 200, Newark, CA, USA, 94560
ConneXionONE Corp is a technology company revolutionizing social media with its flagship product, dotarazzi. The Company is a development-stage company that plans to be involved in social media and internet advertising and marketing services with a decentralized social media platform.
Executives
Tingyu Chang director 39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Yulung Tso director 39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Te Wei Wu director 39899 BALENTINE DRIVE, SUITE 200, NEWARK CA 94560
Chris Chang director 32679 KENITA WAY, UNION CITY CA 94587
Frank Jonathan Hariton director 1065 DOBBS FERRY ROAD, WHITE PLAINS NY 10607

ConneXionONE (ConneXionONE) Headlines

No Headlines