Polar Power, 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
Polar Power, Inc. quarterly/annual Interest Expense history and growth rate from 2016 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $559K +$501K +864% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-01
2022 $58K -$2K -3.33% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-01
2021 $60K $0 0% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $60K -$43K -41.7% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $103K +$82.8K +411% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-31
2018 $20.2K +$2.35K +13.2% Jan 1, 2018 Dec 31, 2018 10-K 2020-05-14
2017 $17.8K -$94.7K -84.2% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-01
2016 $113K Jan 1, 2016 Dec 31, 2016 10-K 2018-04-02
* An asterisk sign (*) next to the value indicates that the value is likely invalid.