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This is the expense the company spent on research and development. Ellie Mae Inc's research and development for the three months ended in Dec. 2013 was $6.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $24.7 Mil.
This is the expense the company spent on research and development.
Ellie Mae Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 5.548 (Mar. 2013 ) + 6.53 (Jun. 2013 ) + 6.573 (Sep. 2013 ) + 6.044 (Dec. 2013 ) = $24.7 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.
Ellie Mae Inc Annual Data
|Research & Development||0.0||0.0||0.0||0.0||6.9||7.9||10.5||13.0||18.1||24.7|
Ellie Mae Inc Quarterly Data
|Research & Development||3.5||4.1||4.1||4.3||4.8||4.9||5.5||6.5||6.6||6.0|