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Telestone Technologies Corp  (OTCPK:TSTC) Research & Development: $2.45 Mil (TTM As of Sep. 2012)

This is the expense the company spent on research and development. Telestone Technologies Corp's research and development for the three months ended in Sep. 2012 was $0.48 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2012 was $2.45 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Telestone Technologies Corp Annual Data

Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Research & Development Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.53 1.77 2.05 2.31 2.04

Telestone Technologies Corp Quarterly Data

Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.94 0.46 0.57 0.48 0.53

Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2012 was 0.935 (Dec. 2011 ) + 0.463 (Mar. 2012 ) + 0.567 (Jun. 20 ) + 0.483 (Sep. 2012 ) = $2.45 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


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