GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Research & Development

POSaBIT Systems (POSaBIT Systems) Research & Development

: $0.00 Mil (TTM As of Sep. 2023)
View and export this data going back to 2019. Start your Free Trial

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

POSaBIT Systems Research & Development Historical Data

The historical data trend for POSaBIT Systems'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.

POSaBIT Systems Annual Data
Trend Oct17 Oct18 Dec19 Dec20 Dec21 Dec22
Research & Development
Premium Member Only - 0.34 - - -

POSaBIT Systems Quarterly Data
Oct18 Jan19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Research & Development 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

POSaBIT Systems 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 $0.00 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.

POSaBIT Systems  (OTCPK:POSAF) 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.

POSaBIT Systems Research & Development Related Terms

Thank you for viewing the detailed overview of POSaBIT Systems's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

POSaBIT Systems (POSaBIT Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » POSaBIT Systems Corp (OTCPK:POSAF) » Definitions » Research & Development
Comparable Companies
TSXV:PVT TSXV:FARM TSXV:SPOT TSXV:BNXA TSXV:DM XCNQ:PAID TSXV:QUIS NEOE:KNR XCNQ:CISC XCNQ:NERD ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
PBIT:Canada
Address
11915 124th Ave NE, Kirkland, WA, USA, 98034
Website
https://www.posabit.com
POSaBIT Systems Corp is a financial technology company. The company involves the point-of-sale arrangements designed to offer consumers an easy way to purchase goods and services. The company offers Payment Services and Point-of-Sale (POS) Services. The majority of its revenue comes from Payment Services, which generates revenues via setup costs, hardware costs, transaction fees, and convenience fees. Its geographical segments are Canada and the United States, of which all of its revenues come from the United States.