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BTQ Technologies (NEOE:BTQ) Research & Development : C$1.89 Mil (TTM As of Sep. 2023)


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What is BTQ Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BTQ Technologies's Research & Development for the three months ended in Sep. 2023 was C$1.67 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was C$1.89 Mil.

BTQ Technologies Research & Development Historical Data

The historical data trend for BTQ Technologies'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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BTQ Technologies Research & Development Chart

BTQ Technologies Annual Data
Trend Dec21 Jan22
Research & Development
- -

BTQ Technologies Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Jan23 Jun23 Sep23
Research & Development Get a 7-Day Free Trial - - - 0.23 1.67

BTQ Technologies Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.89 Mil.

* 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.

BTQ Technologies  (NEOE:BTQ) 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.

BTQ Technologies Research & Development Related Terms

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BTQ Technologies (NEOE:BTQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » BTQ Technologies Corp (NEOE:BTQ) » Definitions » Research & Development
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Traded in Other Exchanges
BTQQF:USA NG3:Germany
Address
700 West Georgia Street, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Website
https://www.btq.li
BTQ Technologies Corp is home to a diverse team of builders with a shared interest in post-quantum technology. Its products include PQScale, Keelung, Kenting, and Qbyte. PQScale is a novel scaling technique for post-quantum cryptographic primitives. PQScale achieves transaction speed and cost savings by leveraging zero-knowledge proofs for transaction processing. Keelung is a Zero-Knowledge Toolkit for Fast, Private, and Secure Applications. Kenting has accelerated hardware devices for a variety of post-quantum cryptographic primitives. Kenting provides acceleration for NIST-compliant post-quantum cryptography, post-quantum zk-SNARKs, and eco-friendly mining hardware. Qbyte is a Quantum risk Calculator.