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This is the expense the company spent on research and development. ORBCOMM Inc's research and development for the three months ended in Mar. 2016 was $2.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Mar. 2016 was $6.8 Mil.
This is the expense the company spent on research and development.
ORBCOMM Inc Research & Development for the trailing twelve months (TTM) ended in Mar. 2016 was 1.818 (Jun. 2015 ) + 1.202 (Sep. 2015 ) + 1.841 (Dec. 2015 ) + 1.957 (Mar. 2016 ) = $6.8 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.
ORBCOMM Inc Annual Data
|Research & Development||1.8||1.1||1.1||0.7||0.7||1.2||2.5||2.8||2.9||6.5|
ORBCOMM Inc Quarterly Data
|Research & Development||0.8||0.7||0.6||0.8||0.8||1.6||1.8||1.2||1.8||2.0|