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This is the expense the company spent on research and development. IRIDEX Corp's research and development for the three months ended in Dec. 2016 was $1.36 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2016 was $5.37 Mil.
This is the expense the company spent on research and development.
IRIDEX Corp Research & Development for the trailing twelve months (TTM) ended in Dec. 2016 was 1.359 (Mar. 2016 ) + 1.392 (Jun. 2016 ) + 1.256 (Sep. 2016 ) + 1.358 (Dec. 2016 ) = $5.37 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.
IRIDEX Corp Annual Data
|Research & Development||5.78||4.01||3.75||3.75||3.91||4.39||3.68||4.63||5.21||5.37|
IRIDEX Corp Quarterly Data
|Research & Development||1.10||1.03||1.28||1.48||1.24||1.21||1.36||1.39||1.26||1.36|