Depreciation of Worksport Ltd from 31 Dec 2014 to 30 Sep 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
Worksport Ltd quarterly and annual Depreciation in USD history and change rate from 31 Dec 2014 to 30 Sep 2025.
  • Worksport Ltd Depreciation for the quarter ending 30 Sep 2025 was $374,195, a 7.2% decline year-over-year.
  • Worksport Ltd Depreciation for the twelve months ending 30 Sep 2025 was $1,419,604.
  • Worksport Ltd annual Depreciation for 2024 was $1,367,445, a 23% increase from 2023.
  • Worksport Ltd annual Depreciation for 2023 was $1,107,292, a 129% increase from 2022.
  • Worksport Ltd annual Depreciation for 2022 was $484,073, a 651% increase from 2021.
Source SEC data
View on sec.gov
Depreciation, Trailing 12 Months (USD)
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

Worksport Ltd Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q3 2025 $1,419,604 $374,195 -$29,072 -7.2% 01 Jul 2025 30 Sep 2025 10-Q 13 Nov 2025 2025 Q3
Q2 2025 $1,448,676 $347,443 +$115,244 +50% 01 Apr 2025 30 Jun 2025 10-Q 13 Aug 2025 2025 Q2
Q1 2025 $1,333,432 $348,507 -$34,013 -8.9% 01 Jan 2025 31 Mar 2025 10-Q 15 May 2025 2025 Q1
Q4 2024 $1,367,445 $349,459 01 Oct 2024 31 Dec 2024 10-K 27 Mar 2025 2024 FY
Q3 2024 $403,267 01 Jul 2024 30 Sep 2024 10-Q 13 Nov 2025 2025 Q3
Q2 2024 $232,199 01 Apr 2024 30 Jun 2024 10-Q 13 Aug 2025 2025 Q2
Q1 2024 $382,520 01 Jan 2024 31 Mar 2024 10-Q 15 May 2025 2025 Q1

Worksport Ltd Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $1,367,445 +$260,153 +23% 01 Jan 2024 31 Dec 2024 10-K 27 Mar 2025 2024 FY
2023 $1,107,292 +$623,219 +129% 01 Jan 2023 31 Dec 2023 10-K 27 Mar 2025 2024 FY
2022 $484,073 +$419,576 +651% 01 Jan 2022 31 Dec 2022 10-K 28 Mar 2024 2023 FY
2021 $64,497 +$61,313 +1926% 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
2020 $3,184 +$986 +45% 01 Jan 2020 31 Dec 2020 10-K 31 Mar 2022 2021 FY
2019 $2,198 +$1,105 +101% 01 Jan 2019 31 Dec 2019 10-K 13 Apr 2021 2020 FY
2018 $1,093 +$35 +3.3% 01 Jan 2018 31 Dec 2018 10-K 14 May 2020 2019 FY
2017 $1,058 +$368 +53% 01 Jan 2017 31 Dec 2017 10-K 13 May 2019 2018 FY
2016 $690 +$136 +25% 01 Jan 2016 31 Dec 2016 10-K 15 Jun 2018 2017 FY
2015 $554 +$397 01 Jan 2015 31 Dec 2015 10-K 18 Sep 2017 2016 FY
2014 $157* 01 Jan 2014 31 Dec 2014 10-K 09 May 2016 2015 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.