INFINITE GROUP INC Annual Interest Expense in USD from 2010 to 2022

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Infinite Group Inc quarterly/annual Interest Expense history and growth rate from 2010 to 2022.
  • Infinite Group Inc Interest Expense for the quarter ending June 30, 2023 was $719K, a 195% increase year-over-year.
  • Infinite Group Inc Interest Expense for the twelve months ending June 30, 2023 was $2M.
  • Infinite Group Inc annual Interest Expense for 2022 was $1.16M, a 312% increase from 2021.
  • Infinite Group Inc annual Interest Expense for 2021 was $282K, a 3.86% decline from 2020.
  • Infinite Group Inc annual Interest Expense for 2020 was $293K, a 1957% increase from 2019.
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
2022 $1.16M +$879K +312% Jan 1, 2022 Dec 31, 2022 10-K 2023-05-09
2021 $282K -$11.3K -3.86% Jan 1, 2021 Dec 31, 2021 10-K 2023-05-09
2020 $293K +$279K +1957% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-15
2019 $14.3K -$242K -94.4% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-15
2018 $256K +$8.88K +3.6% Jan 1, 2018 Dec 31, 2018 10-K/A 2020-05-11
2017 $247K -$3.11K -1.24% Jan 1, 2017 Dec 31, 2017 10-K 2019-07-03
2016 $250K +$3.43K +1.39% Jan 1, 2016 Dec 31, 2016 10-K 2019-07-03
2015 $247K -$31.6K -11.3% Jan 1, 2015 Dec 31, 2015 10-K 2017-03-31
2014 $278K -$30.8K -9.96% Jan 1, 2014 Dec 31, 2014 10-K 2016-04-14
2013 $309K -$11.5K -3.6% Jan 1, 2013 Dec 31, 2013 10-K 2015-03-31
2012 $321K +$29K +9.96% Jan 1, 2012 Dec 31, 2012 10-K 2014-03-31
2011 $292K +$20.2K +7.44% Jan 1, 2011 Dec 31, 2011 10-K 2013-03-29
2010 $271K Jan 1, 2010 Dec 31, 2010 10-K 2012-03-06
* An asterisk sign (*) next to the value indicates that the value is likely invalid.