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This is the expense the company spent on research and development. NovaBay Pharmaceuticals Inc's research and development for the three months ended in Jun. 2016 was $0.28 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $4.37 Mil.
This is the expense the company spent on research and development.
NovaBay Pharmaceuticals Inc Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 1.92 (Sep. 2015 ) + 1.239 (Dec. 2015 ) + 0.933 (Mar. 2016 ) + 0.278 (Jun. 2016 ) = $4.37 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.
NovaBay Pharmaceuticals Inc Annual Data
|Research & Development||4.09||7.42||9.60||7.34||8.62||9.91||9.28||12.46||9.51||6.05|
NovaBay Pharmaceuticals Inc Quarterly Data
|Research & Development||2.53||2.24||2.31||2.43||1.58||1.36||1.92||1.24||0.93||0.28|