Volcon, Inc. Annual Interest Expense in USD from 2021 to 2023

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 2021 to 2023.
  • 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, Annual (USD)
Interest Expense, YoY Annual Growth (%)
* An asterisk sign (*) next to the value indicates that the value is likely invalid.