ESS Tech, Inc. Annual Depreciation in USD from 2020 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
ESS Tech, Inc. quarterly/annual Depreciation history and growth rate from 2020 to 2023.
  • ESS Tech, Inc. Depreciation for the quarter ending September 30, 2024 was $700K, a 36.4% decline year-over-year.
  • ESS Tech, Inc. Depreciation for the twelve months ending September 30, 2024 was $6.3M, a 62.2% increase year-over-year.
  • ESS Tech, Inc. annual Depreciation for 2023 was $6.4M, a 327% increase from 2022.
  • ESS Tech, Inc. annual Depreciation for 2022 was $1.5M, a 162% increase from 2021.
  • ESS Tech, Inc. annual Depreciation for 2021 was $572K, a 31.2% increase 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 $6.4M +$4.9M +327% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-14
2022 $1.5M +$928K +162% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $572K +$136K +31.2% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-02
2020 $436K Jan 1, 2020 Dec 31, 2020 10-K 2022-03-04
* An asterisk sign (*) next to the value indicates that the value is likely invalid.