Interest Expense of SMART FOR LIFE, INC. from 31 Mar 2021 to 30 Sep 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
SMART FOR LIFE, INC. quarterly and annual Interest Expense in USD history and change rate from 31 Mar 2021 to 30 Sep 2023.
  • SMART FOR LIFE, INC. Interest Expense for the quarter ending 30 Sep 2023 was $1,172,742, a 175% increase year-over-year.
  • SMART FOR LIFE, INC. annual Interest Expense for 2022 was $4,112,081, a 339% increase from 2021.
Source SEC data
View on sec.gov
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

SMART FOR LIFE, INC. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q3 2023 $1,172,742 +$746,169 +175% 01 Jul 2023 30 Sep 2023 10-Q 20 Nov 2023 2023 Q3
Q1 2023 $1,447,249 +$563,275 +64% 01 Jan 2023 31 Mar 2023 10-Q 22 May 2023 2023 Q1
Q3 2022 $426,573 01 Jul 2022 30 Sep 2022 10-Q 20 Nov 2023 2023 Q3
Q1 2022 $883,974 +$809,446 +1086% 01 Jan 2022 31 Mar 2022 10-Q 22 May 2023 2023 Q1
Q1 2021 $74,528 01 Jan 2021 31 Mar 2021 10-Q 16 May 2022 2022 Q1

SMART FOR LIFE, INC. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2022 $4,112,081 +$3,175,047 +339% 01 Jan 2022 31 Dec 2022 10-K 31 Mar 2023 2022 FY
2021 $937,034 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023 2022 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.