Depreciation of SmartKem, Inc. from 31 Mar 2020 to 31 Mar 2025

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
SmartKem, Inc. quarterly and annual Depreciation in USD history and change rate from 31 Mar 2020 to 31 Mar 2025.
  • SmartKem, Inc. Depreciation for the quarter ending 31 Mar 2025 was $56,000, a 11% decline year-over-year.
  • SmartKem, Inc. annual Depreciation for 2024 was $258,000, a 78% increase from 2023.
  • SmartKem, Inc. annual Depreciation for 2023 was $145,000, a 27% decline from 2022.
  • SmartKem, Inc. annual Depreciation for 2022 was $198,000, a 5.3% decline from 2021.
Source SEC data
View on sec.gov
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

SmartKem, Inc. Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2025 $56,000 -$7,000 -11% 01 Jan 2025 31 Mar 2025 10-Q 13 May 2025 2025 Q1
Q1 2024 $63,000 +$21,000 +50% 01 Jan 2024 31 Mar 2024 10-Q 13 May 2025 2025 Q1
Q1 2023 $42,000 -$12,000 -22% 01 Jan 2023 31 Mar 2023 10-Q 20 May 2024 2024 Q1
Q1 2022 $54,000 +$6,000 +12% 01 Jan 2022 31 Mar 2022 10-Q 15 May 2023 2023 Q1
Q1 2021 $48,000 -$2,155 -4.3% 01 Jan 2021 31 Mar 2021 10-Q 13 May 2022 2022 Q1
Q1 2020 $50,155 01 Jan 2020 31 Mar 2020 10-Q 17 May 2021 2021 Q1

SmartKem, Inc. Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $258,000 +$113,000 +78% 01 Jan 2024 31 Dec 2024 10-K 31 Mar 2025 2024 FY
2023 $145,000 -$53,000 -27% 01 Jan 2023 31 Dec 2023 10-K 31 Mar 2025 2024 FY
2022 $198,000 -$11,000 -5.3% 01 Jan 2022 31 Dec 2022 10-K 27 Mar 2024 2023 FY
2021 $209,000 +$12,000 +6.1% 01 Jan 2021 31 Dec 2021 10-K 30 Mar 2023 2022 FY
2020 $197,000 01 Jan 2020 31 Dec 2020 10-K/A 23 Aug 2022 2021 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.