Embark Technology, Inc. Annual Interest Expense in USD from 2021 to 2022

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Embark Technology, Inc. quarterly/annual Interest Expense history and growth rate from 2021 to 2022.
  • Embark Technology, Inc. Interest Expense for the quarter ending March 31, 2023 was $29K, a 38.1% increase year-over-year.
  • Embark Technology, Inc. Interest Expense for the twelve months ending March 31, 2023 was $368K, a 95.5% decline year-over-year.
  • Embark Technology, Inc. annual Interest Expense for 2022 was $360K, a 95.6% decline from 2021.
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
2022 $360K -$7.8M -95.6% Jan 1, 2022 Dec 31, 2022 10-K 2023-03-28
2021 $8.16M Jan 1, 2021 Dec 31, 2021 10-K 2023-03-28
* An asterisk sign (*) next to the value indicates that the value is likely invalid.