Duos Technologies Group, Inc. DUOT CN Digital Agreement — Impairment
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Where this comes from
Reported directly by Duos Technologies Group, Inc. in its filing.
Tagged under the XBRL concept duot:Impairment.
The official record: Duos Technologies Group, Inc.’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Duos Technologies Group, Inc.'s CN digital agreement — impairment?
- Duos Technologies Group, Inc. (DUOT) reported CN digital agreement — impairment of $8.13M in Q1 2026.
- How has Duos Technologies Group, Inc.'s CN digital agreement — impairment changed year-over-year?
- Duos Technologies Group, Inc.'s CN digital agreement — impairment increased by 500.0% year-over-year, from -$2.03M to $8.13M.
- What does CN digital agreement — impairment mean?
- Represents the non-cash charge recognized when the carrying amount of an asset associated with the CN Digital Agreement exceeds its recoverable value. This reflects a downward adjustment in the expected future economic benefits derived from this specific contract or related technology assets. High impairment charges indicate potential challenges in project execution or a decline in the strategic value of the agreement.