Depreciation of Molekule Group, Inc. from 31 Dec 2021 to 31 Mar 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
Molekule Group, Inc. quarterly and annual Depreciation in USD history and change rate from 31 Dec 2021 to 31 Mar 2023.
  • Molekule Group, Inc. Depreciation for the quarter ending 31 Mar 2023 was $1,180,880, a 3196% increase year-over-year.
  • Molekule Group, Inc. annual Depreciation for 2022 was $160,924, a 102% increase from 2021.
Source SEC data
View on sec.gov
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

Molekule Group, Inc. Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2023 $1,180,880 +$1,145,053 +3196% 01 Jan 2023 31 Mar 2023 10-Q 15 May 2023 2023 Q1
Q1 2022 $35,827 01 Jan 2022 31 Mar 2022 10-Q 15 May 2023 2023 Q1

Molekule Group, Inc. Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2022 $160,924 +$81,278 +102% 01 Jan 2022 31 Dec 2022 10-K/A 03 Apr 2023 2022 FY
2021 $79,646 01 Jan 2021 31 Dec 2021 10-K/A 03 Apr 2023 2022 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.