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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Long-Term Capital Lease Obligation : $0.00 Mil (As of Aug. 2020)


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What is FirstMark Horizon Acquisition Long-Term Capital Lease Obligation?

FirstMark Horizon Acquisition's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2020 was $0.00 Mil.


FirstMark Horizon Acquisition Long-Term Capital Lease Obligation Historical Data

The historical data trend for FirstMark Horizon Acquisition's Long-Term Capital Lease Obligation 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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FirstMark Horizon Acquisition Long-Term Capital Lease Obligation Chart

FirstMark Horizon Acquisition Annual Data
Trend Dec20
Long-Term Capital Lease Obligation
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FirstMark Horizon Acquisition Semi-Annual Data
Aug20
Long-Term Capital Lease Obligation -

FirstMark Horizon Acquisition  (NYSE:FMAC) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

FirstMark Horizon Acquisition Long-Term Capital Lease Obligation Related Terms

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FirstMark Horizon Acquisition (FirstMark Horizon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 5th Avenue, 3rd Floor, New York, NY, USA, 10011
FirstMark Horizon Acquisition Corp is a blank check company.
Executives
Luis A Ubinas director 209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Frederick Ball director C/O MARKETO, INC., 901 MARINER'S ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Richard R Heitzmann director, officer: CEO 500 NYALA FARM ROAD, WESTPORT CT 06880
Amish A Jani director, officer: President
Firstmark Horizon Sponsor Llc director, 10 percent owner 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Allison Goldberg director C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Daniel Gaisin officer: Chief Financial Officer C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011
Eric D. Cheung officer: Secretary C/O FIRSTMARK HORIZON ACQUISITION CORP., 100 5TH AVE, 3RD FLOOR, NEW YORK NY 10011