American Bitcoin (ABTC) Asset Writedowns and Impairment (2018 - 2023)

American Bitcoin has reported Asset Writedowns and Impairment for 6 years, with the latest figure at -$2.4 million in Q4 2023.

• Asset Writedowns and Impairment for Q4 2023 came in at -$2.4 million, down 110.66% year-over-year; the trailing twelve-month figure through Dec 2023 was $3.3 million (down 94.66% YoY), and the FY2023 annual result was $3.1 million, down 95.04% from the prior year.
• Asset Writedowns and Impairment slipped to -$2.4 million in Q4 2023, from $5.4 million in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $24.1 million in Q2 2022 and troughed at -$2.4 million in Q4 2023.
• A 5-year average of $4.6 million and a median of $341743.0 in 2019 frame the typical range for Asset Writedowns and Impairment.
• The widest annual swing landed in 2022, when Asset Writedowns and Impairment jumped 147290.2%; it then sank 110.66% in 2023.
• A 5-year view of Asset Writedowns and Impairment shows it stood at $341743.0 in 2019, then jumped by 1915.26% to $6.9 million in 2020, then jumped by 93.67% to $13.3 million in 2021, then jumped by 66.28% to $22.2 million in 2022, then sank by 110.66% to -$2.4 million in 2023.
• Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were -$2.4 million in Q4 2023, $5.4 million in Q3 2023, and $170476.0 in Q2 2023.