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NET Power (NET Power) Intangible Assets : $1,714.37 Mil (As of Mar. 2024)


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What is NET Power Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. NET Power's intangible assets for the quarter that ended in Mar. 2024 was $1,714.37 Mil.


NET Power Intangible Assets Historical Data

The historical data trend for NET Power'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.

NET Power Intangible Assets Chart

NET Power Annual Data
Trend Dec21 Dec22 Dec23
Intangible Assets
- 0.26 1,731.19

NET Power Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,774.63 1,748.03 1,731.19 1,714.37

NET Power 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.


NET Power  (NYSE:NPWR) 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.


NET Power Intangible Assets Related Terms

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NET Power (NET Power) Business Description

Traded in Other Exchanges
N/A
Address
404 Hunt Street, Suite 410, Durham, NC, USA, 27701
NET Power Inc is a clean energy technology company with a mission to deliver the Energy Trifecta: clean, reliable, and low-cost energy. The invents, develops, and licenses clean power generation technology. Its technology provides reliable, on-demand natural gas power with life cycle emissions.
Executives
James Mahon officer: General Counsel C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brandon Heffinger officer: Chief Commercial Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Sk Inc. 10 percent owner 26, JONG-RO, JONGNO-GU, SEOUL M5 03188
Oxy Low Carbon Ventures, Llc director, 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Olcv Net Power, Llc director, 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Npeh, Llc 10 percent owner 406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
8 Rivers Capital, Llc 10 percent owner 406 BLACKWELL STREET, 4TH FLOOR, DURHAM NC 27701
Brock Forrest officer: Chief Technology Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Akash S. Patel officer: Chief Financial Officer C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Eunkyung Sung director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brian F. Allen officer: President and COO C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Carol R. Peterson director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Brad Pollack director C/O NET POWER, LLC, 404 HUNT STREET, STE 410, DURHAM NC 27701
Constellation Energy Corp 10 percent owner 1310 POINT STREET, BALTIMORE MD 21231
Constellation Energy Generation Llc 10 percent owner 200 EXELON WAY, KENNETT SQUARE PA 19348-2473