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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 Mar. 2015 was $1.64 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2015 was $8.62 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 Mar. 2015 was 2.238 (Jun. 2014 ) + 2.312 (Sep. 2014 ) + 2.433 (Dec. 2014 ) + 1.641 (Mar. 2015 ) = $8.62 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||1.95||4.09||7.42||9.60||7.34||8.62||9.91||9.28||12.46||9.51|
NovaBay Pharmaceuticals Inc Quarterly Data
|Research & Development||2.12||2.93||2.94||2.51||4.04||2.53||2.24||2.31||2.43||1.64|