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SPYR Technologies (SPYR Technologies) Long-Term Capital Lease Obligation : $0.00 Mil (As of Sep. 2022)


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What is SPYR Technologies Long-Term Capital Lease Obligation?

SPYR Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil.


SPYR Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for SPYR Technologies's Long-Term Capital Lease Obligation 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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SPYR Technologies Long-Term Capital Lease Obligation Chart

SPYR Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Long-Term Capital Lease Obligation
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SPYR Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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SPYR Technologies  (OTCPK:SPYR) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

SPYR Technologies Long-Term Capital Lease Obligation Related Terms

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SPYR Technologies (SPYR Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382
SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.
Executives
Timothy Matula director, officer: CEO 175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander director 4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless officer: CFO 4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra officer: Executive Vice President 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson officer: President & CEO 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112

SPYR Technologies (SPYR Technologies) Headlines

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