Iridex (IRIX) Work In Process (2013 - 2024)

Iridex's Work In Process history runs 12 years deep, the most recent figure standing at $15000.0 for Q3 2024.

• In Q3 2024, Work In Process fell 96.53% year-over-year to $15000.0; the TTM figure through Sep 2024 stood at $15000.0 (down 96.53% YoY), while the FY2023 annual figure was $156000.0, down 51.25% from the prior year.
• Work In Process was $15000.0 for Q3 2024 at Iridex, down from $20000.0 in the prior quarter.
• In the past five years, Work In Process ranged from a high of $747000.0 in Q1 2020 to a low of $15000.0 in Q3 2024.
• Historically, Work In Process has averaged $357611.1 across 5 years, with a median of $358500.0 in 2022.
• The sharpest annual moves came in 2022 and 2024: Work In Process surged 59.2% in 2022, then plunged 96.53% in 2024.
• A 5-year view of Work In Process shows it stood at $601000.0 in 2020, then plunged by 30.95% to $415000.0 in 2021, then declined by 22.89% to $320000.0 in 2022, then plunged by 51.25% to $156000.0 in 2023, then tumbled by 90.38% to $15000.0 in 2024.
• The last three Work In Process figures came in at $15000.0 (Q3 2024), $20000.0 (Q2 2024), and $135000.0 (Q1 2024), per Business Quant data.