TripSitter Clinic (TripSitter Clinic) Research & Development : $-0.01 Mil (TTM As of Oct. 2023)

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What is TripSitter Clinic Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TripSitter Clinic's Research & Development for the three months ended in Oct. 2023 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Oct. 2023 was $-0.01 Mil.

TripSitter Clinic Research & Development Historical Data

The historical data trend for TripSitter Clinic'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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TripSitter Clinic Research & Development Chart

TripSitter Clinic Annual Data

Trend

Jan21

Jan22

Jan23

Research & Development

0.21

TripSitter Clinic Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Research & Development	Get a 7-Day Free Trial							0.06	-0.01	-	-	-

TripSitter Clinic Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01 Mil.

TripSitter Clinic (OTCPK:TSTTF) 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.

TripSitter Clinic Research & Development Related Terms

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TripSitter Clinic (TripSitter Clinic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TripSitter Clinic Ltd (OTCPK:TSTTF) » Definitions » Research & Development

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Traded in Other Exchanges

UY00:Germany KETA:Canada

Address

77 King Street West, Suite 700, Toronto, ON, CAN, M5K 1G8

Website

https://www.tripsitter.clinic

TripSitter Clinic Ltd is a consultative virtual clinic and telehealth platform that connects prospective patients to a licensed physician in the United States who can evaluate for a prescribed treatment program of low-dose, oral ketamine medication. Its revenues are generated from the provision of initial consultations and monthly subscriptions to patients seeking mental health treatment that includes legal psychedelic medicine connected with licensed medical practitioners.