Depreciation in USD of Hour Loop, Inc from 2021 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
Hour Loop, Inc quarterly/annual Depreciation history and change rate from 2021 to Q1 2025.
  • Hour Loop, Inc Depreciation for the quarter ending 31 Mar 2025 was $14.1K, a 60% decline year-over-year.
  • Hour Loop, Inc annual Depreciation for 2024 was $119K, a 13.7% decline from 2023.
  • Hour Loop, Inc annual Depreciation for 2023 was $138K, a 74.5% increase from 2022.
  • Hour Loop, Inc annual Depreciation for 2022 was $79.1K, a 17553% increase from 2021.
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
Q1 2025 $14.1K -$21.1K -60% 01 Jan 2025 31 Mar 2025 10-Q 12 May 2025
Q1 2024 $35.3K +$611 +1.76% 01 Jan 2024 31 Mar 2024 10-Q 12 May 2025
Q1 2023 $34.7K +$26.3K +313% 01 Jan 2023 31 Mar 2023 10-Q 06 May 2024
Q1 2022 $8.4K 01 Jan 2022 31 Mar 2022 10-Q 12 May 2023

Hour Loop, Inc Annual Depreciation (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $119K -$18.9K -13.7% 01 Jan 2024 31 Dec 2024 10-K 27 Mar 2025
2023 $138K +$58.9K +74.5% 01 Jan 2023 31 Dec 2023 10-K 27 Mar 2025
2022 $79.1K +$78.6K +17553% 01 Jan 2022 31 Dec 2022 10-K 26 Mar 2024
2021 $448 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.