Volcon, Inc. Quarterly Interest Expense in USD from Q3 2020 to Q1 2024

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Volcon, Inc. quarterly/annual Interest Expense history and growth rate from Q3 2020 to Q1 2024.
  • Volcon, Inc. Interest Expense for the quarter ending March 31, 2024 was $330K, a 81.5% decline year-over-year.
  • Volcon, Inc. Interest Expense for the twelve months ending March 31, 2024 was $3.52M, a 12.8% decline year-over-year.
  • Volcon, Inc. annual Interest Expense for 2023 was $4.97M, a 120% increase from 2022.
  • Volcon, Inc. annual Interest Expense for 2022 was $2.26M, a 2377% increase from 2021.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $3.52M $330K -$1.45M -81.5% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-07
Q4 2023 $4.97M $451K -$1.18M -72.3% Oct 1, 2023 Dec 31, 2023 10-K 2024-03-28
Q3 2023 $6.15M $1.14M +$517K +83.6% Jul 1, 2023 Sep 30, 2023 10-Q/A 2023-11-02
Q2 2023 $5.63M $1.6M +$1.6M +33363% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-11
Q1 2023 $4.03M $1.78M +$1.78M +37845% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-07
Q4 2022 $2.26M $1.63M Oct 1, 2022 Dec 31, 2022 10-K 2024-03-28
Q3 2022 $618K +$576K +1366% Jul 1, 2022 Sep 30, 2022 10-Q/A 2023-11-02
Q2 2022 $4.79K Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-11
Q1 2022 $4.69K Jan 1, 2022 Mar 31, 2022 10-Q/A 2023-05-08
Q3 2021 $42.2K +$42.2K Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-10
Q3 2020 $0 Jul 1, 2020 Sep 30, 2020 10-Q 2021-11-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.