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INXDF (INX Digital Co) Research & Development : $3.08 Mil (TTM As of Dec. 2024)


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What is INX Digital Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. INX Digital Co's Research & Development for the three months ended in Dec. 2024 was $0.80 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $3.08 Mil.

INX Digital Co Research & Development Historical Data

The historical data trend for INX Digital Co'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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INX Digital Co Research & Development Chart

INX Digital Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
- 3.85 5.31 3.32 3.08

INX Digital Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial 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 0.23 0.75 0.79 0.75 0.80

INX Digital Co 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.08 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.

INX Digital Co  (OTCPK:INXDF) 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.

INX Digital Co Research & Development Related Terms

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INX Digital Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » INX Digital Co Inc (OTCPK:INXDF) » Definitions » Research & Development
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Traded in Other Exchanges
FN4:Germany INXD:Canada
Address
5th Sapir Street, Herzelia, ISR, V6C 0A3
Website
https://www.inx.co
INX Digital Co Inc is engaged in the operation and ongoing development of comprehensive infrastructure and regulated solutions for trading and investing in blockchain assets as well as utilizing digital assets as a form of payment. The company operates in two segments namely Digital asset segment and Brokerage segment. It derives maximum revenue from Digital Asset Segment. The company also facilitates financial transactions between banks across globe and offers a full range of brokerage services to several banking institutions world-wide, mainly in foreign exchange and interest rate derivatives. It derives maximum revenue from Switzerland and also has its presence in United States, United Kingdom, Japan, State of Israel, Gibraltar, Canada and Others.