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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Worksport Ltd quarterly/annual Depreciation history and change rate from 2014 to Q3 2025.
- Worksport Ltd Depreciation for the quarter ending September 30, 2025 was $374K, a 7.21% decline year-over-year.
- Worksport Ltd Depreciation for the twelve months ending September 30, 2025 was $1.42M.
- Worksport Ltd annual Depreciation for 2024 was $1.37M, a 23.5% increase from 2023.
- Worksport Ltd annual Depreciation for 2023 was $1.11M, a 129% increase from 2022.
- Worksport Ltd annual Depreciation for 2022 was $484K, a 651% increase from 2021.
Depreciation, Trailing 12 Months (USD)
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Change (%)
Depreciation, Annual (USD)
Depreciation, YoY Annual Change (%)