C-Bond Systems, Inc Annual Interest Expense in USD from 2016 to 2023

Taxonomy & unit: us-gaap: USD
Description: Amount of the cost of borrowed funds accounted for as interest expense.
Summary: C-Bond Systems, Inc quarterly/annual Interest Expense history and growth rate from 2016 to 2023.
C-Bond Systems, Inc Interest Expense for the quarter ending December 31, 2023 was -$58.7K, a 94.4% increase year-over-year.
C-Bond Systems, Inc Interest Expense for the twelve months ending December 31, 2023 was $5.66K, a 43.5% decline year-over-year.
C-Bond Systems, Inc annual Interest Expense for 2023 was $5.66K, a 43.5% decline from 2022.
C-Bond Systems, Inc annual Interest Expense for 2022 was $10K, a 96.5% decline from 2021.
C-Bond Systems, Inc annual Interest Expense for 2021 was $283K, a 62.3% decline from 2020.

Interest Expense, Trailing 12 Months (USD)

Interest Expense, Annual (USD)

Interest Expense, YoY Annual Growth (%)

Period	Value	YoY Chg	Change %	Start Date	End Date	Report	Filed
2023	$5.66K	-$4.36K	-43.5%	Jan 1, 2023	Dec 31, 2023	10-K	2024-04-01
2022	$10K	-$273K	-96.5%	Jan 1, 2022	Dec 31, 2022	10-K	2024-04-01
2021	$283K	-$468K	-62.3%	Jan 1, 2021	Dec 31, 2021	10-K	2023-03-31
2020	$751K	+$408K	+119%	Jan 1, 2020	Dec 31, 2020	10-K	2022-04-15
2019	$343K	+$290K	+546%	Jan 1, 2019	Dec 31, 2019	10-K/A	2022-04-15
2018	$53.1K	+$45.1K	+564%	Jan 1, 2018	Dec 31, 2018	10-K	2020-03-25
2017	$8.01K	+$8.01K		Jan 1, 2017	Dec 31, 2017	10-K	2019-04-01
2016	$0			Jan 1, 2016	Dec 31, 2016	8-K	2018-05-01

* An asterisk sign (*) next to the value indicates that the value is likely invalid.