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This is the expense the company spent on research and development. athenahealth Inc's research and development for the three months ended in Dec. 2016 was $61 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $135 Mil.
This is the expense the company spent on research and development.
athenahealth Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 25.147 (Mar. 2016 ) + 23.612 (Jun. 2016 ) + 24.86 (Sep. 2016 ) + 60.881 (Dec. 2016 ) = $135 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.
athenahealth Inc Annual Data
|Research & Development||7||11||14||18||23||34||58||83||111||135|
athenahealth Inc Quarterly Data
|Research & Development||18||33||24||24||23||40||25||24||25||61|