Marti Technologies (Marti Technologies) Construction In Progress : $0.01 Mil (As of Dec. 2023)

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What is Marti Technologies Construction In Progress?

Marti Technologies's quarterly construction in progress declined from Dec. 2022 ($0.10 Mil) to Sep. 2023 ($0.00 Mil) but then increased from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($0.01 Mil).

Marti Technologies's annual construction in progress declined from Dec. 2021 ($6.74 Mil) to Dec. 2022 ($0.10 Mil) and declined from Dec. 2022 ($0.10 Mil) to Dec. 2023 ($0.01 Mil).

Marti Technologies Construction In Progress Historical Data

The historical data trend for Marti Technologies's Construction In Progress 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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Marti Technologies Construction In Progress Chart

Marti Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Construction In Progress

3.95

6.74

0.10

0.01

Marti Technologies Quarterly Data
	Dec20	Sep21	Dec21	Sep22	Dec22	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial			6.74	0.46	0.10	-	0.01

Marti Technologies Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Marti Technologies (Marti Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marti Technologies Inc (AMEX:MRT) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

2001 S Street NW, Suite 320, Washington, DC, USA, 20009

Website

https://www.marti.tech

Marti Technologies Inc is a mobility app, operating a fleet of over 48,000 e-mopeds, e-bikes, and e-scooters, serviced by proprietary software systems and IoT infrastructure.

Executives

Adam S Metz	director	110 NORTH WACKER DRIVE, CHICAGO IL 60606
Shelley Guiley	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Kemal Kaya	director, officer: Chief Executive Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Michael Tanzer	officer: Chief Financial Officer	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Daniel Freifeld	director, 10 percent owner, officer: President and CIO	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009
Galata Acquisition Sponsor Llc	10 percent owner	2001 S STREET NW, SUITE 320, WASHINGTON DC 20009
Timothy Michael Shannon	director	2001 S STREET NW, SUITE 320, C/O GALATA ACQUISITION CORP., WASHINGTON DC 20009