Polar Power, Inc. Annual Depreciation in USD from 2019 to 2023

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
Polar Power, Inc. quarterly/annual Depreciation history and growth rate from 2019 to 2023.
  • Polar Power, Inc. Depreciation for the quarter ending September 30, 2024 was $23K, a 70.9% decline year-over-year.
  • Polar Power, Inc. Depreciation for the twelve months ending September 30, 2024 was $196K, a 54.6% decline year-over-year.
  • Polar Power, Inc. annual Depreciation for 2023 was $374K, a 23.5% decline from 2022.
  • Polar Power, Inc. annual Depreciation for 2022 was $489K, a 7.74% decline from 2021.
  • Polar Power, Inc. annual Depreciation for 2021 was $530K, a 10.9% decline 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
2023 $374K -$115K -23.5% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-01
2022 $489K -$41K -7.74% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-01
2021 $530K -$65K -10.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $595K +$9K +1.54% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $586K Jan 1, 2019 Dec 31, 2019 10-K 2021-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.