Interest Expense of Applied Digital Corp. from 28 Feb 2021 to 31 May 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Applied Digital Corp. quarterly and annual Interest Expense in USD history and change rate from 28 Feb 2021 to 31 May 2024.
  • Applied Digital Corp. Interest Expense for the quarter ending 31 May 2024 was $17,999,000, a 1882% increase year-over-year.
  • Applied Digital Corp. Interest Expense for the twelve months ending 31 May 2024 was $26,832,000, a 1255% increase year-over-year.
  • Applied Digital Corp. annual Interest Expense for 2023 was $26,832,000, a 1255% increase from 2022.
  • Applied Digital Corp. annual Interest Expense for 2022 was $1,980,000, a 1668% increase from 2021.
  • Applied Digital Corp. annual Interest Expense for 2021 was $112,000, a 53% decline from 2020.
Source SEC data
View on sec.gov
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

Applied Digital Corp. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q2 2024 $26,832,000 $17,999,000 +$17,091,000 +1882% 01 Mar 2024 31 May 2024 10-K 30 Aug 2024 2024 FY
Q1 2024 $9,741,000 $4,404,000 +$4,052,000 +1151% 01 Dec 2023 29 Feb 2024 10-Q 11 Apr 2024 2024 Q3
Q4 2023 $5,689,000 $2,355,000 +$1,991,000 +547% 01 Sep 2023 30 Nov 2023 10-Q 16 Jan 2024 2024 Q2
Q3 2023 $3,698,000 $2,074,000 +$1,718,000 +483% 01 Jun 2023 31 Aug 2023 10-Q 10 Oct 2023 2024 Q1
Q2 2023 $1,980,000 $908,000 +$796,000 +711% 01 Mar 2023 31 May 2023 10-K 30 Aug 2024 2024 FY
Q1 2023 $1,184,000 $352,000 +$352,000 01 Dec 2022 28 Feb 2023 10-Q 11 Apr 2024 2024 Q3
Q4 2022 $832,000 $364,000 +$364,000 01 Sep 2022 30 Nov 2022 10-Q 16 Jan 2024 2024 Q2
Q3 2022 $468,000 $356,000 +$356,000 01 Jun 2022 31 Aug 2022 10-Q 10 Oct 2023 2024 Q1
Q2 2022 $112,000 $112,000 01 Mar 2022 31 May 2022 10-K 02 Aug 2023 2023 FY
Q1 2022 $0 -$77,000 -100% 01 Dec 2021 28 Feb 2022 10-Q 06 Apr 2023 2023 Q3
Q4 2021 $0 01 Sep 2021 30 Nov 2021 10-Q 10 Jan 2023 2023 Q2
Q3 2021 $0 01 Jun 2021 31 Aug 2021 10-Q 12 Oct 2022 2023 Q1
Q1 2021 $77,000 01 Dec 2020 28 Feb 2021 10-Q 13 May 2022 2022 Q3

Applied Digital Corp. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2023 $26,832,000 +$24,852,000 +1255% 01 Jun 2023 31 May 2024 10-K 30 Aug 2024 2024 FY
2022 $1,980,000 +$1,868,000 +1668% 01 Jun 2022 31 May 2023 10-K 30 Aug 2024 2024 FY
2021 $112,000 -$124,000 -53% 01 Jun 2021 31 May 2022 10-K 02 Aug 2023 2023 FY
2020 $236,000 01 Jun 2020 31 May 2021 10-K 29 Aug 2022 2022 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.