Polar Power, Inc. Quarterly Interest Expense in USD from Q1 2016 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Polar Power, Inc. quarterly/annual Interest Expense history and growth rate from Q1 2016 to Q1 2024.
  • Polar Power, Inc. Interest Expense for the quarter ending March 31, 2024 was $163K, a 109% increase year-over-year.
  • Polar Power, Inc. Interest Expense for the twelve months ending March 31, 2024 was $644K, a 424% increase year-over-year.
  • Polar Power, Inc. annual Interest Expense for 2023 was $559K, a 864% increase from 2022.
  • Polar Power, Inc. annual Interest Expense for 2022 was $58K, a 3.33% decline from 2021.
  • Polar Power, Inc. annual Interest Expense for 2021 was $60K, unchanged from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $644K $163K +$85K +109% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-15
Q4 2023 $559K $184K +$165K +868% Oct 1, 2023 Dec 31, 2023 10-K 2024-04-01
Q3 2023 $394K $171K +$159K +1325% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-14
Q2 2023 $235K $126K +$112K +800% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-14
Q1 2023 $123K $78K +$65K +500% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-15
Q4 2022 $58K $19K +$4K +26.7% Oct 1, 2022 Dec 31, 2022 10-K 2024-04-01
Q3 2022 $54K $12K -$2K -14.3% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-14
Q2 2022 $56K $14K -$1K -6.67% Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-14
Q1 2022 $57K $13K -$3K -18.8% Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-15
Q4 2021 $60K $15K +$1K +7.14% Oct 1, 2021 Dec 31, 2021 10-K 2023-03-31
Q3 2021 $59K $14K +$3K +27.3% Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-14
Q2 2021 $56K $15K +$1K +7.14% Apr 1, 2021 Jun 30, 2021 10-Q 2022-08-15
Q1 2021 $55K $16K -$5K -23.8% Jan 1, 2021 Mar 31, 2021 10-Q 2022-05-16
Q4 2020 $60K $14K -$54K -79.4% Oct 1, 2020 Dec 31, 2020 10-K 2022-03-31
Q3 2020 $114K $11K -$3K -21.4% Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-15
Q2 2020 $117K $14K +$4K +40% Apr 1, 2020 Jun 30, 2020 10-Q 2021-08-16
Q1 2020 $113K $21K +$10K +90.9% Jan 1, 2020 Mar 31, 2020 10-Q 2021-05-17
Q4 2019 $103K $68K +$56K +467% Oct 1, 2019 Dec 31, 2019 10-K 2021-03-31
Q3 2019 $47K $14K +$11.2K +404% Jul 1, 2019 Sep 30, 2019 10-Q 2020-11-16
Q2 2019 $35.8K $10K +$7.61K +318% Apr 1, 2019 Jun 30, 2019 10-Q 2020-08-14
Q1 2019 $28.2K $11K +$7.99K +265% Jan 1, 2019 Mar 31, 2019 10-Q 2020-06-29
Q4 2018 $20.2K $12K +$8.82K +279% Oct 1, 2018 Dec 31, 2018 10-K 2020-05-14
Q3 2018 $11.3K $2.78K -$1.69K -37.8% Jul 1, 2018 Sep 30, 2018 10-Q 2019-11-14
Q2 2018 $13K $2.39K -$3.02K -55.8% Apr 1, 2018 Jun 30, 2018 10-Q 2019-08-14
Q1 2018 $16.1K $3.01K -$1.77K -37% Jan 1, 2018 Mar 31, 2018 10-Q 2019-05-15
Q4 2017 $17.8K $3.17K -$13K -80.4% Oct 1, 2017 Dec 31, 2017 10-K 2019-04-01
Q3 2017 $30.8K $4.46K -$28.2K -86.3% Jul 1, 2017 Sep 30, 2017 10-Q 2018-11-14
Q2 2017 $59K $5.42K -$34.4K -86.4% Apr 1, 2017 Jun 30, 2017 10-Q 2018-08-14
Q1 2017 $93.3K $4.78K -$19.2K -80.1% Jan 1, 2017 Mar 31, 2017 10-Q 2018-05-15
Q4 2016 $113K $16.1K Oct 1, 2016 Dec 31, 2016 10-K 2018-04-02
Q3 2016 $32.6K Jul 1, 2016 Sep 30, 2016 10-Q 2017-11-13
Q2 2016 $39.8K Apr 1, 2016 Jun 30, 2016 10-Q 2017-08-14
Q1 2016 $24K Jan 1, 2016 Mar 31, 2016 10-Q 2017-05-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.