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Zapata Computing Holdings (Zapata Computing Holdings) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Zapata Computing Holdings Long-Term Capital Lease Obligation?

Zapata Computing Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Zapata Computing Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.25 Mil) to Jun. 2023 ($0.08 Mil) and declined from Jun. 2023 ($0.08 Mil) to Dec. 2023 ($0.00 Mil).

Zapata Computing Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.25 Mil) but then declined from Dec. 2022 ($0.25 Mil) to Dec. 2023 ($0.00 Mil).


Zapata Computing Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zapata Computing Holdings's Long-Term Capital Lease Obligation 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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Zapata Computing Holdings Long-Term Capital Lease Obligation Chart

Zapata Computing Holdings Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 0.25 -

Zapata Computing Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation - - 0.25 0.08 -

Zapata Computing Holdings  (NAS:ZPTA) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

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Zapata Computing Holdings (Zapata Computing Holdings) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
100 Federal Street, Floor 20, Boston, MA, USA, 02110
Zapata Computing Holdings Inc is an Industrial Generative AI software company that develops generative AI applications and provides accompanying services to solve complex industrial problems. Its computational approaches leverage the statistical advantages of math based on quantum physics. Its primary target customers are enterprise organizations. It offers subscription-based solutions that combine software and services to develop custom Industrial Generative AI applications designed to resolve its enterprise customers' specific problems.

Zapata Computing Holdings (Zapata Computing Holdings) Headlines