BTQ Technologies (NEOE:BTQ) Intangible Assets : C$4.75 Mil (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is BTQ Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. BTQ Technologies's intangible assets for the quarter that ended in Sep. 2023 was C$4.75 Mil.

BTQ Technologies Intangible Assets Historical Data

The historical data trend for BTQ Technologies'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.

BTQ Technologies Intangible Assets Chart

BTQ Technologies Annual Data

Trend

Dec21

Jan22

Intangible Assets

0.15

BTQ Technologies Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Jan23	Jun23	Sep23
Intangible Assets	Get a 7-Day Free Trial			-	4.41	-	4.75	4.75

BTQ Technologies 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.

BTQ Technologies (NEOE:BTQ) 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.

BTQ Technologies Intangible Assets Related Terms

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

BTQ Technologies (NEOE:BTQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BTQ Technologies Corp (NEOE:BTQ) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

BTQQF:USA NG3:Germany

Address

700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3

Website

https://www.btq.li

BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.