Phunware (PHUN) Asset Writedowns and Impairment (2021 - 2023)

Phunware (PHUN) has reported Asset Writedowns and Impairment for 3 consecutive years, with $50000.0 the latest figure, recorded in Q1 2023.

• For the quarter ending Q1 2023, Asset Writedowns and Impairment fell 99.47% year-over-year to $50000.0; the trailing twelve-month figure through Dec 2023 stood at $50000.0 (down 99.78% YoY), and the FY2023 full-year result was $50000.0, down 99.78% from the prior year.
• Asset Writedowns and Impairment eased to $50000.0 in Q1 2023 per PHUN's latest filing, from $1.4 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $12.2 million in Q2 2022 and bottomed at $50000.0 in Q1 2023.
• Historically, Asset Writedowns and Impairment has averaged $4.6 million across 3 years, with a median of $1.4 million in 2022.
• The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment surged 12046.75% in 2022, then plunged 99.47% in 2023.
• Over 3 years, Asset Writedowns and Impairment stood at $77000.0 in 2021, then jumped by 1718.18% to $1.4 million in 2022, then plunged by 96.43% to $50000.0 in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $50000.0, $1.4 million, and $12.2 million for Q1 2023, Q4 2022, and Q2 2022 respectively.