{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "finance.depreciation_amortization",
    "slug": "depreciation_amortization",
    "domain": "finance",
    "defaultLabel": "Depreciation & Amortization",
    "description": "Non-cash expense allocating the cost of capitalized assets (equipment, capitalized software, intangibles) over their useful life for the period. Below the EBITDA line precisely because EBITDA excludes it; usually small for early-stage software companies.",
    "fieldType": "currency",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "seriesA",
      "seriesB",
      "seriesC",
      "public"
    ],
    "defaultOwningFunctions": [
      "Finance"
    ],
    "stageRelevance": {
      "seriesA": "recommended",
      "seriesB": "recommended",
      "seriesC": "recommended",
      "public": "recommended"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "Non-cash depreciation + amortization expense for the period.",
    "whyItMatters": "Bridges EBITDA to net income; non-cash, so it affects accounting profit but not burn.",
    "interpretationGuidance": "Typically immaterial for asset-light software companies; flag if it becomes large (capitalized software/assets).",
    "relatedKpiIds": [
      "finance.ebitda",
      "finance.net_income"
    ],
    "metricBasis": {
      "timeBasis": "period_flow",
      "production": "primary"
    }
  }
}