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Cineverse (Cineverse) Intangible Assets : $39.55 Mil (As of Dec. 2023)


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What is Cineverse Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Cineverse's intangible assets for the quarter that ended in Dec. 2023 was $39.55 Mil.


Cineverse Intangible Assets Historical Data

The historical data trend for Cineverse'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.

* Premium members only.

Cineverse Intangible Assets Chart

Cineverse Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.39 15.63 18.56 41.12 40.69

Cineverse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intangible Assets 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 Premium Member Only 39.89 40.69 40.01 39.97 39.55

Cineverse 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.


Cineverse  (NAS:CNVS) 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.


Cineverse Intangible Assets Related Terms

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Cineverse (Cineverse) Business Description

Traded in Other Exchanges
N/A
Address
244 Fifth Avenue, Suite M289, New York, NY, USA, 10001
Cineverse Corp is a streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse currently features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company mainly operates through two segments, Content & Entertainment, and Cinema Equipment, from which Content & Entertainment derives the majority of its revenues.
Executives
Mark Torres officer: Chief People Officer 244 FIFTH AVENUE, SUITE M289, NEW YORK NY 10001
Yolanda Macias officer: Chief Content Officer 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Mark Wayne Lindsey officer: CFO 9841 WASHINGTONIAN BLVD, STE. #390, GAITHERSBURG MD 20878
Christopher J Mcgurk director, officer: CEO and Chairman C/O METRO-GOLDWYN-MAYER INC., 10250 CONSTELLATION BLVD., LOS ANGELES CA 90067
John K. Canning officer: CFO 237 WEST 35TH STREET, SUITE 605, NEW YORK NY 10001
Mark Antonio Huidor officer: COO and CTO 10353 VARIEL AVENUE, CHATSWORTH CA 91311
Erick Opeka officer: President - Networks 15301 VENTURA BLVD., B SUITE 420, LOS ANGELES CA 91403
Ashok Amritraj director C/O HYDE PARK ENTERTAINMENT, INC., 16633 VENTURA BOULEVARD, #1450, ENCINO CA 91436
Pat O'brien director C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245
Peixin Xu director, 10 percent owner B609-610, 21ST CENTURY TOWER. NO. 40, LIANGMAQIAO ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Beitai Investment Ltd other: Former 10% Owner 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KYI-9009
Bison Entertainment Investment Ltd 10 percent owner UNIT 1501-2, 15F SINO PLAZA, 255 GLOUCESTER ROAD, CAUSEWAY BAY K3 00000
Bison Entertainment & Media Group 10 percent owner UNIT 1501-2, 15F SINO PLAZA, 255 GLOUCESTER ROAD, CAUSEWAY BAY K3 00000
Fengyun Jiang 10 percent owner B609-610, 21ST CENTURY TOWER. NO. 40, LIANGMAQIAO ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Bison Capital Holding Co Ltd 10 percent owner 609-610, 21ST CENTURY TOWER, 40 LIANGMAQIAO RD, CHAOYANG DISTRICT, BEIJING F4 100016