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This is the expense the company spent on research and development. Adept Technology, Inc.'s research and development for the three months ended in Dec. 2013 was $1.85 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $7.00 Mil.
This is the expense the company spent on research and development.
Adept Technology, Inc. Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 1.839 (Mar. 2013 ) + 1.756 (Jun. 2013 ) + 1.555 (Sep. 2013 ) + 1.851 (Dec. 2013 ) = $7.00 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Adept Technology, Inc. Annual Data
|Research & Development||7.08||6.87||7.14||7.22||5.35||5.67||5.65||8.21||8.71||7.63|
Adept Technology, Inc. Quarterly Data
|Research & Development||2.20||2.21||2.29||2.02||2.13||1.91||1.84||1.76||1.56||1.85|