Veritas Farms, Inc. Annual Depreciation in USD from 2016 to 2020

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
Veritas Farms, Inc. quarterly/annual Depreciation history and growth rate from 2016 to 2020.
  • Veritas Farms, Inc. Depreciation for the quarter ending September 30, 2023 was $48.1K, a 57.7% decline year-over-year.
  • Veritas Farms, Inc. annual Depreciation for 2020 was $508K, a 25.5% increase from 2019.
  • Veritas Farms, Inc. annual Depreciation for 2019 was $405K, a 47.6% increase from 2018.
  • Veritas Farms, Inc. annual Depreciation for 2018 was $274K, a 17.8% increase from 2017.
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2020 $508K +$103K +25.5% Jan 1, 2020 Dec 31, 2020 10-K 2021-04-20
2019 $405K +$130K +47.6% Jan 1, 2019 Dec 31, 2019 10-K 2021-04-20
2018 $274K +$41.5K +17.8% Jan 1, 2018 Dec 31, 2018 10-K 2020-05-15
2017 $233K +$161K +223% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-17
2016 $72K Jan 1, 2016 Dec 31, 2016 10-K 2018-04-23
* An asterisk sign (*) next to the value indicates that the value is likely invalid.