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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 Mar. 2014 was $1.19 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2014 was $3.88 Mil.
This is the expense the company spent on research and development.
Iridex Corp Research & Development for the trailing twelve months (TTM) ended in Mar. 2014 was 0.884 (Jun. 2013 ) + 0.923 (Sep. 2013 ) + 0.881 (Dec. 2013 ) + 1.194 (Mar. 2014 ) = $3.88 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||4.51||4.20||5.51||5.78||4.01||3.75||3.75||3.91||4.39||3.68|
Iridex Corp Quarterly Data
|Research & Development||1.17||1.18||1.11||1.01||1.09||1.00||0.88||0.92||0.88||1.19|