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NexOptic Technology (NexOptic Technology) Research & Development : $0.30 Mil (TTM As of Sep. 2023)


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What is NexOptic Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. NexOptic Technology's Research & Development for the three months ended in Sep. 2023 was $0.04 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $0.30 Mil.


NexOptic Technology Research & Development Historical Data

The historical data trend for NexOptic Technology'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.

* Premium members only.

NexOptic Technology Research & Development Chart

NexOptic Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 6.84 0.45 0.73 0.75

NexOptic Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.23 0.14 0.12 0.04

NexOptic Technology 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 $0.30 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.


NexOptic Technology  (OTCPK:NXOPF) 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.


NexOptic Technology Research & Development Related Terms

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NexOptic Technology (NexOptic Technology) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
NexOptic Technology Corp engages in the investment and development of technologies relating to imagery and light concentration for lens and image capture-based systems. The company's technology includes Aliis; Doubletake and Mobile Lens.