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Next e GO NV (Next e GO NV) Research & Development : $0.24 Mil (TTM As of Jun. 2023)


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What is Next e GO NV Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Next e GO NV's Research & Development for the three months ended in Jun. 2023 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was $0.24 Mil.

Next e GO NV Research & Development Historical Data

The historical data trend for Next e GO NV'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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Next e GO NV Research & Development Chart

Next e GO NV Annual Data
Trend Dec21 Dec22
Research & Development
8.60 3.86

Next e GO NV Quarterly Data
Dec21 Jun22 Sep22 Dec22 Jun23
Research & Development 8.60 - -1.04 1.27 -

Next e GO NV Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 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.

Next e GO NV  (OTCPK:EGOXF) 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.

Next e GO NV Research & Development Related Terms

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Next e GO NV (Next e GO NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Next e GO NV (OTCPK:EGOXF) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
c/o Next.e.GO Mobile SE, Lilienthalstraße 1, Aachen, DEU, 52068
Website
https://www.e-go-mobile.com
Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.

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