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XTI Aerospace (XTI Aerospace) Accumulated Depreciation : $-1.24 Mil (As of Dec. 2023)


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What is XTI Aerospace Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

XTI Aerospace's quarterly accumulated depreciation increased from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($-1.67 Mil) but then stayed the same from Dec. 2022 ($-1.67 Mil) to Dec. 2023 ($-1.24 Mil).

XTI Aerospace's annual accumulated depreciation increased from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($-1.67 Mil) but then stayed the same from Dec. 2022 ($-1.67 Mil) to Dec. 2023 ($-1.24 Mil).

XTI Aerospace Accumulated Depreciation Historical Data

The historical data trend for XTI Aerospace's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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XTI Aerospace Accumulated Depreciation Chart

XTI Aerospace Annual Data
Trend Dec21 Dec22 Dec23
Accumulated Depreciation
- -1.67 -1.24

XTI Aerospace Semi-Annual Data
Dec21 Dec22 Dec23
Accumulated Depreciation - -1.67 -1.24

XTI Aerospace Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

XTI Aerospace Accumulated Depreciation Related Terms

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XTI Aerospace (XTI Aerospace) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
7625 South Peoria Street, Suite D11, Englewood, CO, USA, 80112
Website
https://www.xtiaircraft.com
XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS).

XTI Aerospace (XTI Aerospace) Headlines

From GuruFocus

XTI Aerospace to Host Business Update Presentation on March 25, 2024 to Outline the Company's Corporate Strategy

By PRNewswire • 03-20-2024