ENRJP.PFD (Enerjex Resources) Research & Development : $4.78 Mil (TTM As of Jun. 2024)

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What is Enerjex Resources Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Enerjex Resources's Research & Development for the three months ended in Jun. 2024 was $1.08 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was $4.78 Mil.

Enerjex Resources Research & Development Historical Data

The historical data trend for Enerjex Resources'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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Enerjex Resources Research & Development Chart

Enerjex Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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0.04

0.03

4.08

8.11

5.52

Enerjex Resources Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Research & Development	Get a 7-Day Free Trial															1.37	1.37	1.20	1.13	1.08

Enerjex Resources 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.78 Mil.

Enerjex Resources (OTCPK:ENRJP.PFD) 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.

Enerjex Resources Research & Development Related Terms

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Enerjex Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Enerjex Resources Inc (OTCPK:ENRJP.PFD) » Definitions » Research & Development

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Address

8863 East. 34th Street North, Wichita, KS, USA, 67226

Website

https://www.ageagle.com

AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.