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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Intangible Assets : $0.00 Mil (As of Mar. 2023)


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What is American Virtual Cloud Technologies Intangible Assets?

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


American Virtual Cloud Technologies Intangible Assets Historical Data

The historical data trend for American Virtual Cloud 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.

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American Virtual Cloud Technologies Intangible Assets Chart

American Virtual Cloud Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Intangible Assets
Get a 7-Day Free Trial - - - 10.47 1.08

American Virtual Cloud Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 10.47 - - 1.08 -

American Virtual Cloud 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.


American Virtual Cloud Technologies  (OTCPK:AVCTQ) 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.


American Virtual Cloud Technologies Intangible Assets Related Terms

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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1720 Peachtree Street, Suite 629, Atlanta, GA, USA, 30309
American Virtual Cloud Technologies Inc is engaged in the business of providing IT solutions. The company, along with its subsidiaries, offers various services like private & hybrid data centers, enterprise networking solutions, unified cloud communications, managed services, cybersecurity, and enhanced connectivity. It caters its services to different sectors such as Energy, Finance, Healthcare, Manufacturing & logistics, Public sector, Retail and hospitality, Technology service providers, and Others. It has two segments Computex and Kandy. Geographically, it generates the majority of its revenue from the domestic market.
Executives
Charles E. Sweet director 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Ribbon Communications Inc. 10 percent owner 6500 CHASE OAKS BOULEVARD, PLANO TX 75023
Adrian Foltz officer: Chief Financial Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Onex Evans officer: Chief Accounting Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Michael Tessler director C/O BROADSOFT, INC., 220 PERRY PARKWAY, GAITHERSBURG MD 20877
Mock Lawrence E, Jr. director ONE BUCKHEAD PLAZA, 3060 PEACHTREE RD, SUITE 780, ATLANTA GA 30305
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
Pensare Sponsor Group, Llc 10 percent owner 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Fund I, L.p. 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Navigation Capital Partners, Inc. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Navigation Capital Partners Ii, L.p. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Stratos Management Systems Holdings Llc 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Kevin Keough officer: President 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Robert E. Willis director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Partners, Llc 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305

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