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Thinkific Labs (TSX:THNC) Buildings And Improvements : C$0.00 Mil (As of Mar. 2024)


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What is Thinkific Labs Buildings And Improvements?

Thinkific Labs's quarterly buildings and improvements declined from Sep. 2023 (C$1.23 Mil) to Dec. 2023 (C$1.09 Mil) and declined from Dec. 2023 (C$1.09 Mil) to Mar. 2024 (C$0.00 Mil).

Thinkific Labs's annual buildings and improvements increased from Dec. 2021 (C$0.97 Mil) to Dec. 2022 (C$2.73 Mil) but then declined from Dec. 2022 (C$2.73 Mil) to Dec. 2023 (C$1.09 Mil).


Thinkific Labs Buildings And Improvements Historical Data

The historical data trend for Thinkific Labs's Buildings And Improvements 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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Thinkific Labs Buildings And Improvements Chart

Thinkific Labs Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial 1.62 1.50 0.97 2.73 1.09

Thinkific Labs Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.65 1.23 1.09 -

Thinkific Labs Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Thinkific Labs (TSX:THNC) Business Description

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Address
369 Terminal Ave, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. The Company's primary business activity is to provide a platform that helps entrepreneurs and established businesses to scale and generate revenue by teaching what they know. The Company's platform provides its Creators with the functionality needed to launch, grow, and diversify their businesses by creating and selling learning products composed of customized courses, communities, membership sites, and other experiences that our Creators can create, sell and deliver using the Company's Platform.

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