Envoy Medical (Envoy Medical) Current Accrued Expense : $5.62 Mil (As of Mar. 2024)

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What is Envoy Medical Current Accrued Expense?

Envoy Medical's Current Accrued Expense for the quarter that ended in Mar. 2024 was $5.62 Mil.

Envoy Medical's quarterly Current Accrued Expense increased from Sep. 2023 ($4.05 Mil) to Dec. 2023 ($4.61 Mil) and increased from Dec. 2023 ($4.61 Mil) to Mar. 2024 ($5.62 Mil).

Envoy Medical's annual Current Accrued Expense increased from Dec. 2021 ($0.28 Mil) to Dec. 2022 ($0.61 Mil) and increased from Dec. 2022 ($0.61 Mil) to Dec. 2023 ($4.61 Mil).

Envoy Medical Current Accrued Expense Historical Data

The historical data trend for Envoy Medical'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.
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Envoy Medical Current Accrued Expense Chart

Envoy Medical Annual Data

Trend

Dec21

Dec22

Dec23

Current Accrued Expense

0.28

0.61

4.61

Envoy Medical Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Accrued Expense	Get a 7-Day Free Trial				-	0.75	4.05	4.61	5.62

Envoy Medical 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.

Envoy Medical Current Accrued Expense Related Terms

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Envoy Medical (Envoy Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envoy Medical Inc (NAS:COCH) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

4875 White Bear Parkway, White Bear Lake, MN, USA, 55110

Website

https://www.envoymedical.com

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.