EDGM (EdgeMode) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2024)

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What is EdgeMode Long-Term Capital Lease Obligation?

EdgeMode's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil.

EdgeMode Long-Term Capital Lease Obligation Historical Data

The historical data trend for EdgeMode'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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EdgeMode Long-Term Capital Lease Obligation Chart

EdgeMode Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

EdgeMode Quarterly Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									-	-	-	-	-

EdgeMode (OTCPK:EDGM) 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.

EdgeMode Long-Term Capital Lease Obligation Related Terms

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EdgeMode Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » EdgeMode Inc (OTCPK:EDGM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East Broward Boulevard, Suite 1700, Ft. Lauderdale, FL, USA, 33301

Website

https://www.edgemode.io

EdgeMode Inc is a shell company.

Executives

Charles Thomas Faulkner	director, 10 percent owner, officer: CEO and President	350 NORTH ORLEANS STREET, SUITE 9000N, CHICAGO IL 60654
Simon Enrico Wajcenberg	director, 10 percent owner, officer: CFO, Treasurer and Secretary	TIDES, UNIT 204, 176, SOUTH SOUND ROAD, GEORGE TOWN E9 KY1-1105
Christina Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638
Roger L Dixon	10 percent owner	3858 COUNTY ROAD 308, ELLINGTON MO 63638

EdgeMode Headlines

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