POSAF (POSaBIT Systems) Buildings And Improvements : $0.18 Mil (As of Sep. 2024)

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What is POSaBIT Systems Buildings And Improvements?

POSaBIT Systems's quarterly buildings and improvements stayed the same from Mar. 2024 ($0.18 Mil) to Jun. 2024 ($0.18 Mil) and stayed the same from Jun. 2024 ($0.18 Mil) to Sep. 2024 ($0.18 Mil).

POSaBIT Systems's annual buildings and improvements stayed the same from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.18 Mil).

POSaBIT Systems Buildings And Improvements Historical Data

The historical data trend for POSaBIT Systems's Buildings And Improvements 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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POSaBIT Systems Buildings And Improvements Chart

POSaBIT Systems Annual Data

Trend

Oct17

Oct18

Dec19

Dec20

Dec21

Dec22

Dec23

Buildings And Improvements

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0.02

0.03

0.18

POSaBIT Systems Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Buildings And Improvements	Get a 7-Day Free Trial															0.16	0.18	0.18	0.18	0.18

POSaBIT Systems Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

POSaBIT Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Buildings And Improvements

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Traded in Other Exchanges

PBIT:Canada

Address

15 Lake Bellevue Drive, Suite 101, Bellevue, WA, USA, 98005

Website

https://www.posabit.com

POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The company earns revenue from i) Payment services, Point-of-Sale (POS) Services, License of technology, and Support services related to its sale of license. The Company also earns revenue from rental and sale of hardware related to its payment and POS services. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.