Core One Labs (XCNQ:COOL) Research & Development : C$0.05 Mil (TTM As of Dec. 2023)

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What is Core One Labs Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Core One Labs's Research & Development for the three months ended in Dec. 2023 was C$0.05 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.05 Mil.

Core One Labs Research & Development Historical Data

The historical data trend for Core One Labs'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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Core One Labs Research & Development Chart

Core One Labs Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Research & Development

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2.71

1.12

0.13

0.10

0.63

Core One Labs Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															0.01	-	-	-	0.05

Core One Labs Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.05 Mil.

Core One Labs (XCNQ:COOL) 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.

Core One Labs Research & Development Related Terms

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Core One Labs (XCNQ:COOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Core One Labs Inc (XCNQ:COOL) » Definitions » Research & Development

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CLABF:USA LD6:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

https://www.core1labs.com

Core One Labs Inc is a psychedelic research and development life sciences enterprise focused on bringing psychedelic medicines to market through novel delivery systems and psychedelic assisted psychotherapy. The company intends to further develop and apply the technology to psychedelic compounds, such as psilocybin. The Company operates a virtual clinic that assesses patients for the appropriateness of treatment plans for the use of medical cannabis to treat their symptoms. The Company partners with physicians and Health Canada's licensed producers for the provision of treatments, fulfillment of prescriptions, and sale of related products.

Executives

Joel Shacker

Director, Senior Officer