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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. 2014 was $2.24 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $11.32 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. 2014 was 2.513 (Sep. 2013 ) + 4.037 (Dec. 2013 ) + 2.528 (Mar. 2014 ) + 2.238 (Jun. 2014 ) = $11.32 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||0.00||1.95||4.09||7.42||9.60||7.34||8.62||9.91||9.28||12.46|
NovaBay Pharmaceuticals Inc Quarterly Data
|Research & Development||2.26||2.38||2.51||2.12||2.93||2.94||2.51||4.04||2.53||2.24|