Hooker Furnishings Corporation HOFT Non-cash impairment related to capitalized software development costs
Non-cash impairment related to capitalized software development costs at other companies
Other financials
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 →
Ask your AI about Hooker Furnishings Corporation's non-cash impairment related to capitalized software development costs.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Hooker Furnishings Corporation's non-cash impairment related to capitalized software development costs?
- Hooker Furnishings Corporation (HOFT) reported non-cash impairment related to capitalized software development costs of -$1.5K in Q4 2025.
- What does non-cash impairment related to capitalized software development costs mean?
- The non-cash charge recognized when the carrying value of capitalized software assets exceeds their recoverable amount. This metric signals a potential failure in software development projects or a shift in technology strategy that renders existing assets obsolete. High impairment levels often indicate inefficient capital allocation or poor project execution.