Depreciation/AmortizationCan anyone speak to the amount of D&A we're expensing. I can't seem to find any info on amortizing our intangibles and how aggressive it is. There's a lot lumped into the 370K intagible book value and we're amortizing about 45K/Year so about 12% or roughly an average life of 8 years.
That would seem aggressive to me, which would currently keep operations showing little profits so paying less tax, while piling our cash from operations back into stock buybacks and product acquisitions.
It would seem that we're "hiding or muting" current profitability in the short run but will have a huge ramp up later as the product life is longer than 8 years on average.
As an example, Exelon product life will likely be longer than 8 years but will be fully amortized, so any sales would go right to net operating profit.
Am I seeing this correctly? Has anyone had experience with this during Paladin years or just in general? Thanks!