Embark Technology (Embark Technology) Current Accrued Expense : $7.90 Mil (As of Mar. 2023)

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What is Embark Technology Current Accrued Expense?

Embark Technology's Current Accrued Expense for the quarter that ended in Mar. 2023 was $7.90 Mil.

Embark Technology's quarterly Current Accrued Expense declined from Sep. 2022 ($7.92 Mil) to Dec. 2022 ($3.89 Mil) but then increased from Dec. 2022 ($3.89 Mil) to Mar. 2023 ($7.90 Mil).

Embark Technology's annual Current Accrued Expense increased from Dec. 2020 ($0.78 Mil) to Dec. 2021 ($3.14 Mil) and increased from Dec. 2021 ($3.14 Mil) to Dec. 2022 ($3.89 Mil).

Embark Technology Current Accrued Expense Historical Data

The historical data trend for Embark Technology's Current Accrued Expense 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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Embark Technology Current Accrued Expense Chart

Embark Technology Annual Data

Trend

Dec20

Dec21

Dec22

Current Accrued Expense

0.78

3.14

3.89

Embark Technology Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Current Accrued Expense	Get a 7-Day Free Trial					4.98	5.75	7.92	3.89	7.90

Embark Technology Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Embark Technology Current Accrued Expense Related Terms

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Embark Technology (Embark Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Embark Technology Inc (NAS:EMBK) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

321 Alabama Street, San Francisco, CA, USA, 94110

Website

https://www.embarktrucks.com

Embark Technology Inc is engaged in providing software and associated services that power self-driving trucks. It offers operational savings and collaborates with carriers, truck manufacturers, and tier 1 suppliers. The company's products include Embark Driver, Embark Universal Interface, and Embark Guardian.

Executives

Penny Herscher	director	1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Sc Us (ttgp), Ltd.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Ii, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Patrick W Grady	director, 10 percent owner	C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Sequoia Capital U.s. Growth Fund Vii, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Growth Vii Principals Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc U.s. Growth Vii Management, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Fund Xv, L.p.	10 percent owner	3000 SAND HILL ROAD, BUILDING 4, SUITE 250, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Xv Principals Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xv, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital U.s. Venture Partners Fund Xv (q), L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sc U.s. Venture Xv Management, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Manager, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ian Robertson	director	C/O NORTHERN GENESIS ACQUISITION CORP., 4801 MAIN STREET, SUITE 1000, KANSAS CITY MO 64112
Siddhartha Venkatesan	officer: Chief Legal Officer	C/O EMBARK TRUCKS INC., 424 TOWNSEND STREET, SAN FRANCISCO CA 94107