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This is the expense the company spent on research and development. PhotoMedex Inc's research and development for the three months ended in Sep. 2014 was $0.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $3.3 Mil.
This is the expense the company spent on research and development.
PhotoMedex Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 0.914 (Dec. 2013 ) + 0.795 (Mar. 2014 ) + 0.723 (Jun. 2014 ) + 0.821 (Sep. 2014 ) = $3.3 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.
PhotoMedex Inc Annual Data
|Research & Development||1.8||1.1||1.0||0.8||1.1||1.1||0.8||1.1||2.9||3.3|
PhotoMedex Inc Quarterly Data
|Research & Development||0.8||0.6||0.8||0.8||0.8||0.8||0.9||0.8||0.7||0.8|