Xos, 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
Xos, Inc. quarterly/annual Depreciation history and growth rate from 2020 to 2023.
  • Xos, Inc. Depreciation for the quarter ending June 30, 2024 was $900K, a 125% increase year-over-year.
  • Xos, Inc. Depreciation for the twelve months ending June 30, 2024 was $3.71M, a 28% increase year-over-year.
  • Xos, Inc. annual Depreciation for 2023 was $3.3M, a 57.1% increase from 2022.
  • Xos, Inc. annual Depreciation for 2022 was $2.1M, a 200% increase from 2021.
  • Xos, Inc. annual Depreciation for 2021 was $700K, a 136% 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 $3.3M +$1.2M +57.1% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-29
2022 $2.1M +$1.4M +200% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-29
2021 $700K +$404K +136% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-31
2020 $296K Jan 1, 2020 Dec 31, 2020 10-K 2022-03-30
* An asterisk sign (*) next to the value indicates that the value is likely invalid.