Research and Development Expense (Annual) Chart

Historical Research and Development Expense (Annual) Data

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Date Value
December 31, 2023 1.444M
December 31, 2022 0.9415M
Date Value
December 31, 2021 0.2111M
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
1.444M
Maximum
2023
0.6491M
Average
0.5763M
Median

Research and Development Expense (Annual) Benchmarks