Operating Lease, Payments in USD of NORTECH SYSTEMS INC from Q1 2019 to Q1 2025

Taxonomy & unit
us-gaap: USD
Description
Amount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.
Summary
Nortech Systems Inc quarterly/annual Operating Lease, Payments history and change rate from Q1 2019 to Q1 2025.
  • Nortech Systems Inc Operating Lease, Payments for the quarter ending March 31, 2025 was $433K, a 5.66% decline year-over-year.
  • Nortech Systems Inc annual Operating Lease, Payments for 2024 was $1.82M, a 1.62% increase from 2023.
  • Nortech Systems Inc annual Operating Lease, Payments for 2023 was $1.79M, a 4.13% increase from 2022.
  • Nortech Systems Inc annual Operating Lease, Payments for 2022 was $1.72M, a 4.37% increase from 2021.
Operating Lease, Payments, Trailing 12 Months (USD)
Operating Lease, Payments, Quarterly (USD)
Operating Lease, Payments, YoY Quarterly Change (%)
Operating Lease, Payments, Annual (USD)
Operating Lease, Payments, YoY Annual Change (%)

NORTECH SYSTEMS INC Quarterly Operating Lease, Payments (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2025 $433K -$26K -5.66% Jan 1, 2025 Mar 31, 2025 10-Q 2025-05-14
Q1 2024 $459K -$34K -6.9% Jan 1, 2024 Mar 31, 2024 10-Q 2025-05-14
Q1 2023 $493K +$59K +13.6% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-14
Q1 2022 $434K +$77K +21.6% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-10
Q1 2021 $1.21M $357K +$147K +70% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-10
Q4 2020 $1.06M -$53K Oct 1, 2020 Dec 31, 2020 10-K 2022-03-17
Q3 2020 $686K Jul 1, 2020 Sep 30, 2020 10-Q 2020-11-12
Q2 2020 $215K Apr 1, 2020 Jun 30, 2020 10-Q 2020-08-11
Q1 2020 $210K +$103K +96.3% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-14
Q1 2019 $107K Jan 1, 2019 Mar 31, 2019 10-Q 2019-05-15

NORTECH SYSTEMS INC Annual Operating Lease, Payments (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $1.82M +$29K +1.62% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-31
2023 $1.79M +$71K +4.13% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-31
2022 $1.72M +$72K +4.37% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-20
2021 $1.65M +$591K +55.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-17
2020 $1.06M +$281K +36.2% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-17
2019 $777K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.