Rekor Systems, Inc. Annual Interest Expense in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Rekor Systems, Inc. quarterly/annual Interest Expense history and growth rate from 2016 to 2023.
  • Rekor Systems, Inc. Interest Expense for the quarter ending June 30, 2024 was $544K, a 40.1% decline year-over-year.
  • Rekor Systems, Inc. Interest Expense for the twelve months ending June 30, 2024 was $3.53M, a 112% increase year-over-year.
  • Rekor Systems, Inc. annual Interest Expense for 2023 was $3.6M, a 17024% increase from 2022.
  • Rekor Systems, Inc. annual Interest Expense for 2022 was $21K, a 22.2% decline from 2021.
  • Rekor Systems, Inc. annual Interest Expense for 2021 was $27K, a 98.9% decline from 2020.
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
2023 $3.6M +$3.58M +17024% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-25
2022 $21K -$6K -22.2% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-25
2021 $27K -$2.48M -98.9% Jan 1, 2021 Dec 31, 2021 10-K 2023-03-29
2020 $2.5M -$1.41M -36% Jan 1, 2020 Dec 31, 2020 10-K 2022-03-31
2019 $3.91M +$3.42M +695% Jan 1, 2019 Dec 31, 2019 10-K 2021-03-12
2018 $492K +$279K +130% Jan 1, 2018 Dec 31, 2018 10-K 2020-03-30
2017 $213K +$48.4K +29.3% Jan 1, 2017 Dec 31, 2017 10-K 2019-04-11
2016 $165K Jan 1, 2016 Dec 31, 2016 10-K 2018-04-12
* An asterisk sign (*) next to the value indicates that the value is likely invalid.