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This is the expense the company spent on research and development. BroadSoft, Inc.'s research and development for the three months ended in Dec. 2013 was $12.5 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $49.7 Mil.
This is the expense the company spent on research and development.
BroadSoft, Inc. Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 12.368 (Mar. 2013 ) + 12.935 (Jun. 2013 ) + 11.858 (Sep. 2013 ) + 12.535 (Dec. 2013 ) = $49.7 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.
BroadSoft, Inc. Annual Data
|Research & Development||0.0||0.0||0.0||0.0||15.9||16.6||19.6||27.7||36.2||49.7|
BroadSoft, Inc. Quarterly Data
|Research & Development||6.6||7.6||8.5||9.1||8.9||9.7||12.4||12.9||11.9||12.5|