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Envoy Medical (Envoy Medical) Construction In Progress : $0.00 Mil (As of Mar. 2024)


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What is Envoy Medical Construction In Progress?

Envoy Medical's annual construction in progress increased from Dec. 2021 ($4.04 Mil) to Dec. 2022 ($4.11 Mil) but then declined from Dec. 2022 ($4.11 Mil) to Dec. 2023 ($0.00 Mil).


Envoy Medical Construction In Progress Historical Data

The historical data trend for Envoy Medical's Construction In Progress 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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Envoy Medical Construction In Progress Chart

Envoy Medical Annual Data
Trend Dec21 Dec22 Dec23
Construction In Progress
4.04 4.11 -

Envoy Medical Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Envoy Medical Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Envoy Medical (Envoy Medical) Business Description

Traded in Other Exchanges
N/A
Address
4875 White Bear Parkway, White Bear Lake, MN, USA, 55110
Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.