Applied Digital Corp. Annual Depreciation in USD from 2020 to 2022

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
Applied Digital Corp. quarterly/annual Depreciation history and growth rate from 2020 to 2022.
  • Applied Digital Corp. Depreciation for the quarter ending February 29, 2024 was $7.9M, a 778% increase year-over-year.
  • Applied Digital Corp. Depreciation for the twelve months ending February 29, 2024 was $14.1M, a 355% increase year-over-year.
  • Applied Digital Corp. annual Depreciation for 2022 was $3.9M, a 290% increase from 2021.
  • Applied Digital Corp. annual Depreciation for 2021 was $1M, a 99900% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2022 $3.9M +$2.9M +290% Jun 1, 2022 May 31, 2023 10-K 2023-08-02
2021 $1M +$999K +99900% Jun 1, 2021 May 31, 2022 10-K 2023-08-02
2020 $1K* Jun 1, 2020 May 31, 2021 10-K 2022-08-29
* An asterisk sign (*) next to the value indicates that the value is likely invalid.