Envela ELA Consumer — Short Term Lease Cost
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Where this comes from
Reported directly by Envela in its filing.
Tagged under the XBRL concept us-gaap:ShortTermLeaseCost.
The official record: Envela’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Envela's consumer — short term lease cost?
- Envela (ELA) reported consumer — short term lease cost of $1.77K in Q1 2026.
- How has Envela's consumer — short term lease cost changed year-over-year?
- Envela's consumer — short term lease cost decreased by 94.3% year-over-year, from $31K to $1.77K.
- What does consumer — short term lease cost mean?
- The expense incurred by the consumer segment for leases with a term of 12 months or less, which are generally not capitalized on the balance sheet. This metric captures the cost of temporary or flexible space and equipment usage. It highlights the segment's reliance on short-term operational agility versus long-term fixed commitments.