Numinus Wellness (Numinus Wellness) Research & Development : $0.36 Mil (TTM As of Feb. 2024)

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What is Numinus Wellness Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Numinus Wellness's Research & Development for the three months ended in Feb. 2024 was $0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was $0.36 Mil.

Numinus Wellness Research & Development Historical Data

The historical data trend for Numinus Wellness'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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Numinus Wellness Research & Development Chart

Numinus Wellness Annual Data

Trend

Aug19

Aug20

Aug21

Aug22

Aug23

Research & Development

0.11

0.14

1.11

1.46

0.87

Numinus Wellness Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Research & Development	Get a 7-Day Free Trial															0.21	0.20	0.15	0.01	0.01

Numinus Wellness Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.36 Mil.

Numinus Wellness (OTCPK:NMNWF) 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.

Numinus Wellness Research & Development Related Terms

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Numinus Wellness (Numinus Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Numinus Wellness Inc (OTCPK:NMNWF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

NUMIF:USA LR23:Germany NUMI:Canada

Address

801 - 33 Water Street, Vancouver, BC, CAN, V6B 1R4

Website

https://www.numinus.ca

Numinus Wellness Inc develops proprietary, psychedelic-centered, therapeutic products and services through its laboratory and research & development processes. The company's clinic network consists of Numinus Health, Mindspace Services, and the Neurology Center of Toronto. Its services include Ketamine-assisted psychotherapy for depression, neurological care, psychotherapy, and counseling by registered psychologists among others. The company's operating segments are; Clinical research operations, Canadian clinic network, US clinic network and Corporate. The majority of the revenue for the company is generated from US clinic network segment. Geographically, the company has its presence in United States and Canada.