Depreciation of Hour Loop, Inc from 31 Dec 2021 to 31 Mar 2025

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
Hour Loop, Inc quarterly and annual Depreciation in USD history and change rate from 31 Dec 2021 to 31 Mar 2025.
  • Hour Loop, Inc Depreciation for the quarter ending 31 Mar 2025 was $14,126, a 60% decline year-over-year.
  • Hour Loop, Inc annual Depreciation for 2024 was $119,064, a 14% decline from 2023.
  • Hour Loop, Inc annual Depreciation for 2023 was $138,001, a 74% increase from 2022.
  • Hour Loop, Inc annual Depreciation for 2022 was $79,084, a 17553% increase from 2021.
Source SEC data
View on sec.gov
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

Hour Loop, Inc Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q1 2025 $14,126 -$21,147 -60% 01 Jan 2025 31 Mar 2025 10-Q 12 May 2025 2025 Q1
Q1 2024 $35,273 +$611 +1.8% 01 Jan 2024 31 Mar 2024 10-Q 12 May 2025 2025 Q1
Q1 2023 $34,662 +$26,266 +313% 01 Jan 2023 31 Mar 2023 10-Q 06 May 2024 2024 Q1
Q1 2022 $8,396 01 Jan 2022 31 Mar 2022 10-Q 12 May 2023 2023 Q1

Hour Loop, Inc Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $119,064 -$18,937 -14% 01 Jan 2024 31 Dec 2024 10-K 27 Mar 2025 2024 FY
2023 $138,001 +$58,917 +74% 01 Jan 2023 31 Dec 2023 10-K 27 Mar 2025 2024 FY
2022 $79,084 +$78,636 +17553% 01 Jan 2022 31 Dec 2022 10-K 26 Mar 2024 2023 FY
2021 $448 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.