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Vnue (VNUE) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is Vnue Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Vnue's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.


Vnue Intangible Assets Historical Data

The historical data trend for Vnue'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.

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Vnue Intangible Assets Chart

Vnue Annual Data
Trend May14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
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Vnue Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Vnue 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.


Vnue  (OTCPK:VNUE) 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.


Vnue Intangible Assets Related Terms

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


Vnue (VNUE) Business Description

Traded in Other Exchanges
N/A
Address
104 West 29th Street, 11th Floor, New York, NY, USA, 10001
Vnue Incis a music technology company that utilizes its platforms to record live concerts and commercializes the content by making the content immediately available for purchase through its website and the website at Set.fm, a technology platform that enables musical artists to capture, promote and sell high-fidelity recordings instantly. Its technology provides an income source to artists and records labels from the recorded content. Additionally, it offers high-end collectible products such as CDs, USB drives, and laminates, which feature its fully mixed and mastered live concert content, through its exclusive partner DiscLive Network (the dba of RockHouse Live Media Productions, Inc).
Executives
Jake P. Noch 10 percent owner 1978 GULF SHORE BLVD, SOUTH NAPLES FL 34102
Zach Bair director, 10 percent owner, officer: CEO 104 W. 29TH STREET, 11TH FLOOR, NEW YORK NY 10001
Christopher L. Mann 10 percent owner 700 MARR STREET, VENICE CA 90291
Howard Collin director, officer: CFO 239 ANVIL WAY, BALTIMORE MD 21212
Matthew P. Carona director, 10 percent owner, officer: CEO 296 PINE CONE LN, LUDLOW MA 01056
Brad Evans director 580 HORNBY STREET, SUITE 440, VANCOUVER A1 V6C3B6
Andrew Grant Gasmier director SUITE 440, 580 HORNBY STREET, VANCOUVER A1 V6C 3B5
Allister Blyth officer: CFO 1C HAZEL STREET, COMO, WESTERN AUSTRALIA C3 6152
Benjamin Auld director SUITE 21, 22 RAILWAY ROAD, SUBIACO, WA C3 6008
Simon Eley director, officer: President and CEO UNIT 21, 22 RAILWAY ROAD, SUBIALO C3 6008
Six Fingers Pty Ltd. As Trustee For Six Fingers Discretionary Trust other: Former 10% holder SUITE 21, 22 RAILWAY RD., SUBIACO, WA C3 6008
Karim Lalani officer: Corporate Secretary 144(B) WEST 16TH STREET, NORTH VANCOUVER A1 V7M 1T5
Christopher Robin Relph director, officer: Chairman and CFO #415 NEBRUCK HOUSE, OLDE TOWNE AT SANDYPORT, WEST BAY STREET, NASSAU C5 V6K 4S1
Smart Train Australian Pty Ltd. 10 percent owner UNIT 21/22 RAILWAY ROAD, SUBIACO C3 WA 6008
Bc & N Pollard Atf Geovet Family Trust 10 percent owner PO BOX 964, WEST PERTH C3 WA 6872

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