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hopTo (HPTO) Property, Plant and Equipment : $0.03 Mil (As of Sep. 2023)


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What is hopTo Property, Plant and Equipment?

hopTo's quarterly net PPE declined from Mar. 2023 ($0.05 Mil) to Jun. 2023 ($0.04 Mil) and declined from Jun. 2023 ($0.04 Mil) to Sep. 2023 ($0.03 Mil).

hopTo's annual net PPE increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.01 Mil) and increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.06 Mil).


hopTo Property, Plant and Equipment Historical Data

The historical data trend for hopTo's Property, Plant and Equipment 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.

hopTo Property, Plant and Equipment Chart

hopTo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.01 0.06

hopTo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Property, Plant and Equipment 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 0.07 0.06 0.05 0.04 0.03

hopTo Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


hopTo  (OTCPK:HPTO) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


hopTo Property, Plant and Equipment Related Terms

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hopTo (HPTO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
189 North Main Street, Suite 102, Concord, NH, USA, 03301
hopTo Inc is a developer of application software that includes application virtualization and cloud computing software for multiple computer operating systems. The company's products are sold under the brand name GO-Global, which is sold to small to medium-sized companies, departments within large corporations, governmental and educational institutions, independent software vendors (ISVs), and value-added resellers (VARs). Its GO-Global includes different product families that GO-Global for Windows, UNIX, and Client. Its geographical segments are the United States, Brazil, Japan, and Other countries.
Executives
Jonathon R Skeels director 620 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Richard Chernicoff director C/O TESSERA TECHNOLOGIES, INC., 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Thomas C Stewart director 6 LOUDON STREET, SUITE 200, CONCORD NH 03301
Jean-louis Casabonne officer: CFO 1919 S. BASCOM AVENUE, SUITE 600, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael A Brochu director 16548 SE 59TH PL, BELLEVUE WA 98006
John Cronin director GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Sam M Auriemma director
Eldad Eilam officer: Chief Technology Officer C/O GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Jeremy Verba director C/O HOPTO INC., 1919 S BASCOM AVE., SUITE 600, CAMPBELL CA 95008
Ashfaq A Munshi director 2 MACARTHUR PLACE, SANTA ANA CA 92707
Robert Dixon officer: Interim CFO and Secretary C/O GRAPHON CORPORATION, 1901 S. BASCOM AVE., STE. 660, CAMPBELL CA 95008
Christoph Berlin officer: Chief Operating Officer 1901 S. BASCOM AVENUE, SUITE 660, CAMPBELL CA 95008
Steven A Ledger director 24 TAMALPAIS AVE, MILL VALLEY CA 94941
Howard S Jonas 10 percent owner

hopTo (HPTO) Headlines

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