SQI Diagnostics (FRA:XSQ) Research & Development : €3.44 Mil (TTM As of Mar. 2023)

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What is SQI Diagnostics Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. SQI Diagnostics's Research & Development for the three months ended in Mar. 2023 was €0.11 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2023 was €3.44 Mil.

SQI Diagnostics Research & Development Historical Data

The historical data trend for SQI Diagnostics's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SQI Diagnostics Research & Development Chart

SQI Diagnostics Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Research & Development

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2.60

3.11

2.94

5.00

5.51

SQI Diagnostics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Research & Development	Get a 7-Day Free Trial															1.55	1.26	1.19	0.89	0.11

SQI Diagnostics Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.44 Mil.

SQI Diagnostics (FRA:XSQ) Research & Development Explanation

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.

SQI Diagnostics Research & Development Related Terms

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SQI Diagnostics (FRA:XSQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SQI Diagnostics Inc (FRA:XSQ) » Definitions » Research & Development

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Traded in Other Exchanges

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Address

36 Meteor Drive, Toronto, ON, CAN, M9W 1A4

Website

https://www.sqidiagnostics.com

SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.

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