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Sidus Space (Sidus Space) Intangible Assets : $0.40 Mil (As of Mar. 2024)


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What is Sidus Space Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Sidus Space's intangible assets for the quarter that ended in Mar. 2024 was $0.40 Mil.


Sidus Space Intangible Assets Historical Data

The historical data trend for Sidus Space'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.

Sidus Space Intangible Assets Chart

Sidus Space Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
- - - - 0.40

Sidus Space Quarterly Data
Dec19 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 - - 0.40 0.40 0.40

Sidus Space 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.


Sidus Space  (NAS:SIDU) 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.


Sidus Space Intangible Assets Related Terms

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Sidus Space (Sidus Space) Business Description

Traded in Other Exchanges
N/A
Address
150 N. Sykes Creek Parkway, Suite 200, Merritt Island, FL, USA, 32953
Sidus Space Inc is a Space and Defense as-a-Service company focused on providing complex space hardware, satellite/spacecraft design, manufacture, launch, and data solutions for both government and commercial in-space missions for all destinations through the solar system. This includes a Space-based infrastructure of multi-mission satellites with hyperspectral, multi-spectral and other sensors to provide monitoring services and solutions to multiple sectors and industries. The company supports Commercial Space, Aerospace, Defense, Underwater Marine and other commercial and government customers.
Executives
Carol Marlene Craig director, 10 percent owner, officer: CEO 150 N. SYKES CREEK PKWY, SUITE 200, MERRITT ISLAND FL 32953
Leonardo Riera director 18688 SEA TURTLE LANE, BOCA RATON FL 33498
Miguel Valero director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32953
Oliver John Cole director 150 N. SYKES CREEK PARKWAY, SUITE 200, MERRITT ISLAND FL 32943
Dana S Kilborne director 102 WEST BAKER STREET, PLANT CITY FL 33563
Scott J Silverman officer: Chief Financial Officer 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134