Depreciation in USD of NORTECH SYSTEMS INC from 2010 to Q1 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
Nortech Systems Inc quarterly/annual Depreciation history and change rate from 2010 to Q1 2025.
  • Nortech Systems Inc Depreciation for the quarter ending 31 Mar 2025 was $342K, a 22.6% decline year-over-year.
  • Nortech Systems Inc annual Depreciation for 2024 was $1.65M, a 12.8% decline from 2023.
  • Nortech Systems Inc annual Depreciation for 2023 was $1.89M, a 6.96% increase from 2022.
  • Nortech Systems Inc annual Depreciation for 2022 was $1.77M, a 0.34% decline from 2021.
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)

NORTECH SYSTEMS INC Quarterly Depreciation (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2025 $342K -$100K -22.6% 01 Jan 2025 31 Mar 2025 10-Q 14 May 2025
Q1 2024 $442K -$63K -12.5% 01 Jan 2024 31 Mar 2024 10-Q 14 May 2025
Q1 2023 $505K +$19K +3.91% 01 Jan 2023 31 Mar 2023 10-Q 14 May 2024
Q1 2022 $486K 01 Jan 2022 31 Mar 2022 10-Q 10 May 2023
Q1 2017 $544K +$27.3K +5.28% 01 Jan 2017 31 Mar 2017 10-Q 11 May 2017
Q1 2016 $517K +$437 +0.09% 01 Jan 2016 31 Mar 2016 10-Q 11 May 2017
Q1 2015 $517K +$19.3K +3.88% 01 Jan 2015 31 Mar 2015 10-Q 04 May 2016
Q1 2014 $497K -$12K -2.36% 01 Jan 2014 31 Mar 2014 10-Q 06 May 2015
Q1 2013 $509K +$60.7K +13.5% 01 Jan 2013 31 Mar 2013 10-Q 07 May 2014
Q1 2012 $449K -$39.7K -8.13% 01 Jan 2012 31 Mar 2012 10-Q 10 May 2013
Q1 2011 $488K 01 Jan 2011 31 Mar 2011 10-Q 11 May 2012

NORTECH SYSTEMS INC Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $1.65M -$242K -12.8% 01 Jan 2024 31 Dec 2024 10-K 31 Mar 2025
2023 $1.89M +$123K +6.96% 01 Jan 2023 31 Dec 2023 10-K 31 Mar 2025
2022 $1.77M -$6K -0.34% 01 Jan 2022 31 Dec 2022 10-K 20 Mar 2024
2021 $1.77M -$228K -11.4% 01 Jan 2021 31 Dec 2021 10-K 17 Mar 2023
2020 $2M +$76K +3.95% 01 Jan 2020 31 Dec 2020 10-K 17 Mar 2022
2019 $1.93M +$49K +2.61% 01 Jan 2019 31 Dec 2019 10-K 23 Mar 2021
2018 $1.88M -$309K -14.1% 01 Jan 2018 31 Dec 2018 10-K 19 Mar 2020
2017 $2.19M +$81K +3.85% 01 Jan 2017 31 Dec 2017 10-K 01 Apr 2019
2016 $2.1M -$56.1K -2.6% 01 Jan 2016 31 Dec 2016 10-K 27 Mar 2018
2015 $2.16M +$136K +6.73% 01 Jan 2015 31 Dec 2015 10-K 08 Mar 2017
2014 $2.02M +$19.9K +0.99% 01 Jan 2014 31 Dec 2014 10-K 22 Mar 2016
2013 $2M +$159K +8.61% 01 Jan 2013 31 Dec 2013 10-K 11 Mar 2015
2012 $1.85M -$49.1K -2.59% 01 Jan 2012 31 Dec 2012 10-K 07 Mar 2014
2011 $1.9M +$340K +21.9% 01 Jan 2011 31 Dec 2011 10-K 08 Mar 2013
2010 $1.55M 01 Jan 2010 31 Dec 2010 10-K 09 Mar 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.