Energy Vault Holdings, 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
Energy Vault Holdings, Inc. quarterly/annual Depreciation history and growth rate from 2020 to 2023.
  • Energy Vault Holdings, Inc. Depreciation for the quarter ending June 30, 2024 was $400K, a 100% increase year-over-year.
  • Energy Vault Holdings, Inc. Depreciation for the twelve months ending June 30, 2024 was $1.1M, a 80.7% decline year-over-year.
  • Energy Vault Holdings, Inc. annual Depreciation for 2023 was $900K, a 88.3% decline from 2022.
  • Energy Vault Holdings, Inc. annual Depreciation for 2022 was $7.7M, a 235% increase from 2021.
  • Energy Vault Holdings, Inc. annual Depreciation for 2021 was $2.3M, a 4109% 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 $900K -$6.8M -88.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-13
2022 $7.7M +$5.4M +235% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-13
2021 $2.3M +$2.25M +4109% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-13
2020 $54.6K Jan 1, 2020 Dec 31, 2020 8-K/A 2022-03-31
* An asterisk sign (*) next to the value indicates that the value is likely invalid.