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LCTC (Lifeloc Technologies) Research & Development : $2.24 Mil (TTM As of Dec. 2024)


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What is Lifeloc Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Lifeloc Technologies's Research & Development for the three months ended in Dec. 2024 was $0.50 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $2.24 Mil.

Lifeloc Technologies Research & Development Historical Data

The historical data trend for Lifeloc Technologies'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.

* Premium members only.

Lifeloc Technologies Research & Development Chart

Lifeloc Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 1.21 1.39 1.84 2.24

Lifeloc Technologies Quarterly Data
Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.56 0.66 0.52 0.50

Lifeloc Technologies 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 $2.24 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.

Lifeloc Technologies  (OTCPK:LCTC) 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.

Lifeloc Technologies Research & Development Related Terms

Thank you for viewing the detailed overview of Lifeloc Technologies's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Lifeloc Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lifeloc Technologies Inc (OTCPK:LCTC) » Definitions » Research & Development
Comparable Companies
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Traded in Other Exchanges
N/A
Address
12441 West 49th Avenue, Wheat Ridge, CO, USA, 80033
Website
https://www.lifeloc.com
Lifeloc Technologies Inc is a developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies, and education. It offers fuel-cell-based breath alcohol testing equipment and also a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through two segments: Products and Rentals. A majority of its revenue is generated from the Products segment, which represents the sale of physical products, including portable hand-held breathalyzers and related accessories, supplies, education, training (Product Sales), and royalties from development contracts with OEM manufacturers. The company sells its products globally through distributors as well as directly to users.
Executives
Vern D Kornelsen director, 10 percent owner, officer: Secretary and CFO 4605 S. DENICE DR, ENGLEWOOD CO 80111
Donald E. Siecke director 12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Michael Kornelsen director 700 N. WASHINGTON STREET, #1007, DENVER CO 80203
Wayne Willkomm director 12441 W 49TH AVENUE, UNIT #4, WHEAT RIDGE CO 80033
Gurumurthi Ravishankar director, officer: Executive Vice President 12441 W. 49TH STREET, SUITE 4, WHEAT RIDGE CO 80033
Partners Lllp Edco 10 percent owner 4605 S DENICE DR, ENGLEWOOD CO 80111
Robert D Greenlee director 2060 BROADWAY, BOULDER CO 80302
Kristie L. Larose officer: Vice President, Finance 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Barry R. Knott director, officer: President, CEO and Treasurer 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Mark A. Lary officer: Vice President, Operations 12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Robert H. Summers director 5816 S LUPINE DR, LITTLETON CO 80123
Alan C. Castrodale director 12441 . 49TH AVE., STE 4, WHEAT RIDGE CO 80033