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Everything Blockchain (Everything Blockchain) Intangible Assets : $21.36 Mil (As of Oct. 2023)


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What is Everything Blockchain Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Everything Blockchain's intangible assets for the quarter that ended in Oct. 2023 was $21.36 Mil.


Everything Blockchain Intangible Assets Historical Data

The historical data trend for Everything Blockchain'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.

Everything Blockchain Intangible Assets Chart

Everything Blockchain Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
Intangible Assets
- - - 20.94 20.77

Everything Blockchain Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.77 20.77 20.94 21.22 21.36

Everything Blockchain 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.


Everything Blockchain  (OTCPK:EBZT) 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.


Everything Blockchain Intangible Assets Related Terms

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Everything Blockchain (Everything Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
12574 Flagler Center Boulevard, Suite 101, Jacksonville, FL, USA, 32258
Everything Blockchain Inc is a blockchain development, architecture, and software designer. It also provides cybersecurity-related solutions, consulting, and services specializing in blockchain technology and decentralized processing.
Executives
Michael W Hawkins director, officer: CEO, CFO 12574 FLAGLER CENTER BLVD., STE 101, JACKSONVILLE FL 32258
Eric C Jaffe director 12574 FLAGLER CENTER BLVD, SUITE 101, JACKSONVILLE FL 32258
Schaeffer Richard C Jr director 761 DIVIDING ROAD, SEVERNA PARK MD 21146-4305
William C Regan officer: Interim CFO 12574 FLAGLER CENTER BLVD, SUITE 101, JACKSONVILLE FL 32258
Brandon Hart officer: Chief Technology Officer 2627 RED FERN DR., DOVER FL 33527
Toney Jennings officer: Chief Operating Officer 5125 WHISPERING LEAF TRAIL, VALRICO FL 33596
Paul Rosenberg director 2367 JAWED PL, DUNN LORING VA 22027
Cedric Harris officer: Chief Research Officer 15302 OYSTER CREEK LN, SUGARLAND TX 77478
A.p.o. Holdings, Llc. 10 percent owner 30344 WOODBURY CIRCLE, MENIFEE CA 92584
Mcig, Inc. 10 percent owner 1064 AVE PONCE DE LEON, SUITE 200, SAN JUAN PR 00907

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