Depreciation of NORTECH SYSTEMS INC from 31 Dec 2010 to 31 Mar 2025

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
NORTECH SYSTEMS INC quarterly and annual Depreciation in USD history and change rate from 31 Dec 2010 to 31 Mar 2025.
  • NORTECH SYSTEMS INC Depreciation for the quarter ending 31 Mar 2025 was $342,000, a 23% decline year-over-year.
  • NORTECH SYSTEMS INC annual Depreciation for 2024 was $1,649,000, a 13% decline from 2023.
  • NORTECH SYSTEMS INC annual Depreciation for 2023 was $1,891,000, a 7% increase from 2022.
  • NORTECH SYSTEMS INC annual Depreciation for 2022 was $1,768,000, a 0.34% decline from 2021.
Source SEC data
View on sec.gov
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

NORTECH SYSTEMS INC Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2025 $342,000 -$100,000 -23% 01 Jan 2025 31 Mar 2025 10-Q 14 May 2025 2025 Q1
Q1 2024 $442,000 -$63,000 -12% 01 Jan 2024 31 Mar 2024 10-Q 14 May 2025 2025 Q1
Q1 2023 $505,000 +$19,000 +3.9% 01 Jan 2023 31 Mar 2023 10-Q 14 May 2024 2024 Q1
Q1 2022 $486,000 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023 2023 Q1
Q1 2017 $544,423 +$27,320 +5.3% 01 Jan 2017 31 Mar 2017 10-Q 11 May 2017 2017 Q1
Q1 2016 $517,103 +$437 +0.08% 01 Jan 2016 31 Mar 2016 10-Q 11 May 2017 2017 Q1
Q1 2015 $516,666 +$19,316 +3.9% 01 Jan 2015 31 Mar 2015 10-Q 04 May 2016 2016 Q1
Q1 2014 $497,350 -$12,020 -2.4% 01 Jan 2014 31 Mar 2014 10-Q 06 May 2015 2015 Q1
Q1 2013 $509,370 +$60,717 +14% 01 Jan 2013 31 Mar 2013 10-Q 07 May 2014 2014 Q1
Q1 2012 $448,653 -$39,684 -8.1% 01 Jan 2012 31 Mar 2012 10-Q 10 May 2013 2013 Q1
Q1 2011 $488,337 01 Jan 2011 31 Mar 2011 10-Q 11 May 2012 2012 Q1

NORTECH SYSTEMS INC Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $1,649,000 -$242,000 -13% 01 Jan 2024 31 Dec 2024 10-K 31 Mar 2025 2024 FY
2023 $1,891,000 +$123,000 +7% 01 Jan 2023 31 Dec 2023 10-K 31 Mar 2025 2024 FY
2022 $1,768,000 -$6,000 -0.34% 01 Jan 2022 31 Dec 2022 10-K 20 Mar 2024 2023 FY
2021 $1,774,000 -$228,000 -11% 01 Jan 2021 31 Dec 2021 10-K 17 Mar 2023 2022 FY
2020 $2,002,000 +$76,000 +3.9% 01 Jan 2020 31 Dec 2020 10-K 17 Mar 2022 2021 FY
2019 $1,926,000 +$49,000 +2.6% 01 Jan 2019 31 Dec 2019 10-K 23 Mar 2021 2020 FY
2018 $1,877,000 -$309,000 -14% 01 Jan 2018 31 Dec 2018 10-K 19 Mar 2020 2019 FY
2017 $2,186,000 +$81,017 +3.8% 01 Jan 2017 31 Dec 2017 10-K 01 Apr 2019 2018 FY
2016 $2,104,983 -$56,134 -2.6% 01 Jan 2016 31 Dec 2016 10-K 27 Mar 2018 2017 FY
2015 $2,161,117 +$136,257 +6.7% 01 Jan 2015 31 Dec 2015 10-K 08 Mar 2017 2016 FY
2014 $2,024,860 +$19,920 +0.99% 01 Jan 2014 31 Dec 2014 10-K 22 Mar 2016 2015 FY
2013 $2,004,940 +$159,006 +8.6% 01 Jan 2013 31 Dec 2013 10-K 11 Mar 2015 2014 FY
2012 $1,845,934 -$49,127 -2.6% 01 Jan 2012 31 Dec 2012 10-K 07 Mar 2014 2013 FY
2011 $1,895,061 +$340,484 +22% 01 Jan 2011 31 Dec 2011 10-K 08 Mar 2013 2012 FY
2010 $1,554,577 01 Jan 2010 31 Dec 2010 10-K 09 Mar 2012 2011 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.