Arcimoto Inc Annual Interest Expense in USD from 2016 to 2022

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Arcimoto Inc quarterly/annual Interest Expense history and growth rate from 2016 to 2022.
  • Arcimoto Inc Interest Expense for the quarter ending September 30, 2023 was $716K, a 742% increase year-over-year.
  • Arcimoto Inc Interest Expense for the twelve months ending September 30, 2023 was $1.85M, a 471% increase year-over-year.
  • Arcimoto Inc annual Interest Expense for 2022 was $1.08M, a 400% increase from 2021.
  • Arcimoto Inc annual Interest Expense for 2021 was $216K, a 70% decline from 2020.
  • Arcimoto Inc annual Interest Expense for 2020 was $721K, a 19.1% decline from 2019.
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
2022 $1.08M +$867K +400% Jan 1, 2022 Dec 31, 2022 10-K 2023-04-14
2021 $216K -$505K -70% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-14
2020 $721K -$170K -19.1% Jan 1, 2020 Dec 31, 2020 10-K 2021-03-31
2019 $892K +$791K +783% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-31
2018 $101K +$66.8K +196% Jan 1, 2018 Dec 31, 2018 10-K 2020-04-14
2017 $34.1K +$21.3K +166% Jan 1, 2017 Dec 31, 2017 10-K 2019-03-29
2016 $12.8K Jan 1, 2016 Dec 31, 2016 10-K 2018-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.