CO2 Gro (CO2 Gro) Research & Development : $0.03 Mil (TTM As of Sep. 2023)

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What is CO2 Gro Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. CO2 Gro's Research & Development for the three months ended in Sep. 2023 was $0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $0.03 Mil.

CO2 Gro Research & Development Historical Data

The historical data trend for CO2 Gro'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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CO2 Gro Research & Development Chart

CO2 Gro Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Research & Development

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0.10

0.13

0.07

0.12

0.07

CO2 Gro 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															0.04	0.01	0.01	0.01	0.01

CO2 Gro 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 $0.03 Mil.

CO2 Gro (OTCPK:BLONF) 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.

CO2 Gro Research & Development Related Terms

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CO2 Gro (CO2 Gro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » CO2 Gro Inc (OTCPK:BLONF) » Definitions » Research & Development

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GROW:Canada

Address

40 King Street West, Suite 5800, Toronto, ON, CAN, M5H 3S1

Website

https://www.co2gro.ca

CO2 GRO Inc is engaged in commercializing its patent-licensed CO2 gas infusion technology and its patent-pending US PTO CO2 Delivery Solutions system, both of which form the company's saturated CO2 solutions plant platform. Saturated CO2 solution when misted onto plants provides growers that cannot gas with CO2 the opportunity to increase plant yields. The company's sole focus is working with its plant growers and agri-industrial partners in proving and adopting its CO2 technologies for specific growers' plant yield needs.