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VISM (Visium Technologies) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is Visium Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Visium Technologies's intangible assets for the quarter that ended in Mar. 2024 was $0.00 Mil.


Visium Technologies Intangible Assets Historical Data

The historical data trend for Visium 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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Visium Technologies Intangible Assets Chart

Visium Technologies Annual Data
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Intangible Assets
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Visium Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Visium 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.


Visium Technologies  (OTCPK:VISM) 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.


Visium Technologies Intangible Assets Related Terms

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Visium Technologies Business Description

Traded in Other Exchanges
N/A
Address
4094 Majestic Lane, Suite 360, Fairfax, VA, USA, 22033
Visium Technologies Inc is a Virginia based company focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. The Company operates in one business segment which technologies are focused on cybersecurity. The company's focus is on test and measurement, test and evaluation, and cybersecurity solutions to protect connected devices (Internet of Things, or "IoT" and Industrial Internet of Things "IIoT"). This includes securing industrial systems from penetration. The company do this through a proprietary IoT test platform which it calls the Cyber Physical Test Bench, and by visualizing and prioritizing remediation of technology risks.
Executives
Adote Solomon Nii Akwei director 623 RAVENGLASS DRIVE, BASEMENT, TOWNSEND DE 19734
Wayne Harrison Monk director 1220 CLUB COVE DR, GREENSBORO GA 30642
Thomas Michael Grbelja director, 10 percent owner 151 BIRCH ROAD, FRANKLIN LAKES NJ 07417
Mark Burdon Lucky officer: CFO 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Henry Jameson Holcombe officer: CEO 3513 BROADRUN DR, FAIRFAX VA 22033
Paul Anthony Favata director 110 18TH AVENUE SOUTH, SAINT PETERSBURG FL 33705
Sterling Kevin Yates officer: CEO 1201 MAIN ST., SUITE 1980, COLUMBIA SC 29201
Frank Phillip Reilly director 1415 SUNSET HARBOUR DRIVE, APT 406, MIAMI BEACH FL 33139
David S Brooks director 7 THACKERAY PLACE, DURHAM NC 27707
Richard Hersh director, officer: Chief Executive Officer 903 CLINT MOORE ROAD, BOCA RATON FL 33487
Brett L Kublin director 7311 NORTHEAST 1ST PLACE, MIAMI FL 33138
Michael J Darden director, officer: President 903 CLINT MOORE ROAD, BOCA RATON FL 33487