What does capitalized software write-off mean?

The amount of capitalized software costs written down during the period due to a decline in the asset's fair value or utility. This indicates potential obsolescence or a failure of technology projects to deliver expected future economic benefits.

Hooker Furnishings Corporation HOFT Capitalized software write-off

Capitalized software write-off at other companies

Inseego Corp.INSG

$0-100%

NeuroneticsSTIM

$989K—

IBT

IbottaIBTA

$139K-15.2%

YelpYELP

$834.75K+29.3%

NerdyNRDY

$1.94M—

PennyMac Financial Services, Inc.PFSI

$317K—

Other financials

Income statement

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Revenue$69.5M-2.4%

Gross profit$20.6M+14.8%

Operating income$1.6M+417%

Net income$1.1M+135%

EPS (diluted)$0.10+134%

Balance sheet

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Cash & equivalents$10.6M-41.0%

Total debt$23.6M-65.9%

Total equity$169.1M-15.1%

Total assets$223.2M-25.5%

Cash flow

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Operating cash flow$14.4M-1.7%

CapEx$403.0K-44.6%

Free cash flow$14.0M+0.5%

Valuation

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Market cap$180.67M+63.2%

Enterprise value$193.62M+19.7%

P/S0.6×+0.3×

Profitability

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Gross margin26.4%+1.8pp

Operating margin-3.2%+1.4pp

Net margin-8.1%-31.3pp

FCF margin2.9%+2.0pp

Returns & leverage

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Return on equity-12.7%-52.5pp

Debt / equity0.1×-0.2×

Current ratio3.1×-0.9×

Where this comes from

Reported directly by Hooker Furnishings Corporation in its filing.

Tagged under the XBRL concept us-gaap:CapitalizedComputerSoftwareImpairments1.

The official record: Hooker Furnishings Corporation’s 10-K, filed April 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hooker Furnishings Corporation's capitalized software write-off?: Hooker Furnishings Corporation (HOFT) reported capitalized software write-off of -$1.5K in Q4 2025.
What does capitalized software write-off mean?: The amount of capitalized software costs written down during the period due to a decline in the asset's fair value or utility. This indicates potential obsolescence or a failure of technology projects to deliver expected future economic benefits.