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Beam Global (Beam Global) Intangible Assets : $18.92 Mil (As of Mar. 2024)


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What is Beam Global Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Beam Global's intangible assets for the quarter that ended in Mar. 2024 was $18.92 Mil.


Beam Global Intangible Assets Historical Data

The historical data trend for Beam Global'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.

Beam Global Intangible Assets Chart

Beam Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.29 0.36 14.55 19.32

Beam Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.27 14.10 13.87 19.32 18.92

Beam Global 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.


Beam Global  (NAS:BEEM) 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.


Beam Global Intangible Assets Related Terms

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Beam Global (Beam Global) Business Description

Traded in Other Exchanges
Address
5660 Eastgate Drive, San Diego, CA, USA, 92121
Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities, and keep people moving.
Executives
Desmond C Wheatley officer: President and CEO 3809 VIA REPOSO, RANCHO SANTA FE CA 92091
Townsend Battery Partners, Llc 10 percent owner 11311 MCCORMICK ROAD, SUITE 470, HUNT VALLEY MD 21031
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Peter Warner Davidson director 43 PIERREPONT ST., BROOKLYN NY 11201
Nancy C Floyd director 101 CONSTITUTION AVENUE, NW, WASHINGTON DC 20080
Katherine H Mcdermott officer: Chief Financial Officer 5660 EASTGATE DRIVE, SAN DIEGO CA 92121
Robert C Schweitzer director 1441 SW 29TH AVENUE, POMPANO BEACH FL 33069
Keshif Ventures, Llc 10 percent owner 11512 EL CAMINO REAL, SUITE 340, SAN DIEGO CA 92130
Paul Feller director 8439 SUNSET BLVD., 2ND FLOOR, WEST HOLLYWOOD CA 90069
Jay S Potter director 10509 VISTA SORRENTO PKWY, SUITE 300, SAN DIEGO CA 92121
Chris Caulson officer: Chief Financial Officer 4525 GRANGER STREET, SAN DIEGO CA 92107
John M Evey director 7683 MARKER ROAD, SAN DIEGO CA 92130
Robert L Noble director, 10 percent owner, officer: Chief Executive Officer 150 HUMMINGBIRD HILL, ENCINITAS CA 92024

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