DatChat (DatChat) Research & Development : $1.24 Mil (TTM As of Mar. 2024)

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What is DatChat Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. DatChat's Research & Development for the three months ended in Mar. 2024 was $0.23 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $1.24 Mil.

DatChat Research & Development Historical Data

The historical data trend for DatChat'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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DatChat Research & Development Chart

DatChat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

0.52

1.35

DatChat Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial													0.28	0.34	0.38	0.29	0.23

DatChat Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.24 Mil.

DatChat (NAS:DATSW) 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.

DatChat Research & Development Related Terms

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DatChat (DatChat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DatChat Inc (NAS:DATSW) » Definitions » Research & Development

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Traded in Other Exchanges

DATS:USA

Address

204 Nielsen Street, New Brunswick, NJ, USA, 08901

Website

https://www.datchat.com

DatChat Inc is a blockchain, cybersecurity, and social media company that not only focuses on protecting privacy on personal devices, but also protects user information after it is shared with others. Its mobile messaging application is called DatChat Messenger which is a free messaging application.