Interest Expense in USD of SMART FOR LIFE, INC. from Q1 2021 to Q3 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Smart For Life, Inc. quarterly/annual Interest Expense history and change rate from Q1 2021 to Q3 2023.
  • Smart For Life, Inc. Interest Expense for the quarter ending 30 Sep 2023 was $1.17M, a 175% increase year-over-year.
  • Smart For Life, Inc. annual Interest Expense for 2022 was $4.11M, a 339% increase from 2021.
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Change (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Change (%)

SMART FOR LIFE, INC. Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2023 $1.17M +$746K +175% 01 Jul 2023 30 Sep 2023 10-Q 20 Nov 2023
Q1 2023 $1.45M +$563K +63.7% 01 Jan 2023 31 Mar 2023 10-Q 22 May 2023
Q3 2022 $427K 01 Jul 2022 30 Sep 2022 10-Q 20 Nov 2023
Q1 2022 $884K +$809K +1086% 01 Jan 2022 31 Mar 2022 10-Q 22 May 2023
Q1 2021 $74.5K 01 Jan 2021 31 Mar 2021 10-Q 16 May 2022

SMART FOR LIFE, INC. Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2022 $4.11M +$3.18M +339% 01 Jan 2022 31 Dec 2022 10-K 31 Mar 2023
2021 $937K 01 Jan 2021 31 Dec 2021 10-K 31 Mar 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.