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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Local Bounti Corporation/DE quarterly/annual Depreciation history and growth rate from 2020 to 2023.
- Local Bounti Corporation/DE Depreciation for the quarter ending September 30, 2024 was $5M, a 194% increase year-over-year.
- Local Bounti Corporation/DE Depreciation for the twelve months ending September 30, 2024 was $12.5M, a 79.6% increase year-over-year.
- Local Bounti Corporation/DE annual Depreciation for 2023 was $7.21M, a 33.6% increase from 2022.
- Local Bounti Corporation/DE annual Depreciation for 2022 was $5.4M, a 689% increase from 2021.
- Local Bounti Corporation/DE annual Depreciation for 2021 was $684K, a 138% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)