Newegg Commerce (NEGG) Asset Writedowns and Impairment (2010 - 2023)

Newegg Commerce has reported Asset Writedowns and Impairment for 6 years, with the latest figure at $3.4 million in Q4 2023.

• Quarterly Asset Writedowns and Impairment fell 62.03% year-over-year to $3.4 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $13.3 million (down 17.79% YoY) and the FY2025 annual result came in at $3.8 million, down 2.44% from the prior year.
• Asset Writedowns and Impairment rose to $3.4 million in Q4 2023 per NEGG's latest filing, from $506000.0 in the prior quarter.
• Over five years, Asset Writedowns and Impairment peaked at $8.9 million in Q4 2022 and troughed at -$162000.0 in Q3 2021.
• A 4-year average of $3.4 million and a median of $2.0 million in 2022 frame the typical range for Asset Writedowns and Impairment.
• The sharpest annual moves came in 2021 and 2022: Asset Writedowns and Impairment plunged 411.54% in 2021, then surged 479.01% in 2022.
• Over 4 years, Asset Writedowns and Impairment stood at $6.8 million in 2020, then advanced by 2.17% to $6.9 million in 2021, then advanced by 28.06% to $8.9 million in 2022, then slumped by 62.03% to $3.4 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $3.4 million, $506000.0, and $8.9 million for Q4 2023, Q3 2023, and Q4 2022 respectively.