Mace Security International, Inc. reported impairment charge for the fourth quarter ended December 31, 2023. For the quarter, the company determined the fair value of its property and equipment to be $54,000, resulting in a $250,000 impairment of property and equipment. Intangible assets were impaired $965,000, and goodwill was impaired $292,000, for a total asset impairment charge of $1,507,000 in the fourth quarter of 2023.
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- Mace Security International, Inc. Reports Impairment Charge for the Fourth Quarter Ended December 31, 2023