iCoreConnect Inc. Annual Interest Expense in USD from 2022 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
iCoreConnect Inc. quarterly/annual Interest Expense history and growth rate from 2022 to 2023.
  • iCoreConnect Inc. Interest Expense for the quarter ending June 30, 2024 was $502K, a 85.3% increase year-over-year.
  • iCoreConnect Inc. Interest Expense for the twelve months ending June 30, 2024 was $1.31M.
  • iCoreConnect Inc. annual Interest Expense for 2023 was $1.11M, a 41.3% increase from 2022.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $1.11M +$324K +41.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-19
2022 $785K Jan 1, 2022 Dec 31, 2022 10-K 2024-04-19
* An asterisk sign (*) next to the value indicates that the value is likely invalid.