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This is the expense the company spent on research and development. TeleCommunication Systems, Inc.'s research and development for the three months ended in Dec. 2013 was $8.6 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2013 was $34.3 Mil.
This is the expense the company spent on research and development.
TeleCommunication Systems, Inc. Research & Development for the trailing twelve months (TTM) ended in Dec. 2013 was 8.526 (Mar. 2013 ) + 9.321 (Jun. 2013 ) + 7.898 (Sep. 2013 ) + 8.563 (Dec. 2013 ) = $34.3 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.
TeleCommunication Systems, Inc. Annual Data
|Research & Development||18.1||13.9||12.6||13.1||16.2||22.4||30.1||37.1||36.6||34.3|
TeleCommunication Systems, Inc. Quarterly Data
|Research & Development||8.6||10.3||8.7||8.9||9.8||9.2||8.5||9.3||7.9||8.6|