Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 0.2362M
December 31, 2022 0.1499M
Date Value
December 31, 2021 0.0581M
December 31, 2020 0.00

R&D Expense Definition

R&D expense is a line item from many companies' income statements.

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Research and Development Expense (Annual) Range, Past 5 Years

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Minimum
2020
0.2362M
Maximum
2023
0.1111M
Average
0.104M
Median

Research and Development Expense (Annual) Benchmarks