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Ambase (Ambase) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is Ambase Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Ambase's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.


Ambase Intangible Assets Historical Data

The historical data trend for Ambase'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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Ambase Intangible Assets Chart

Ambase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
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Ambase Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Ambase 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.


Ambase  (OTCPK:ABCP) 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.


Ambase Intangible Assets Related Terms

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Ambase (Ambase) Business Description

Traded in Other Exchanges
N/A
Address
7857 West Sample Road, Suite 134, Coral Springs, FL, USA, 33065
Website
Ambase Corp is a United States-based holding company. It holds an equity interest in a real estate development property through a joint venture agreement to purchase and develop the real property located in New York, New York.
Executives
Camac Fund, Lp 10 percent owner CAMAC CAPITAL, LLC, 350 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10022
Richard A Bianco officer: President & CEO C/O AMBASE CORP, 100 PUTNAM GREER 3RD FL, GREENWICH CT 06830-6027
Scott Michael Salant director C/O AMBASE CORPORATION, 12 LINCOLN BLVD. SUITE # 202, EMERSON NJ 07630
Jerry Y Carnegie director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, THIRD FLOOR, GREENWICH CT 06830
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Iszo Capital Management Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Iszo Capital Gp Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Joseph R Bianco officer: Treasurer C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Bianco Richard A Jr director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Kenneth M Schmidt director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Horton Theodore T Jr director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Alessandra F Bianco director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Barc Investments Llc 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Christina A Bianco 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016