LeoNovus (LeoNovus) Research & Development : $0.03 Mil (TTM As of Mar. 2024)

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What is LeoNovus Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. LeoNovus's Research & Development for the three months ended in Mar. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $0.03 Mil.

LeoNovus Research & Development Historical Data

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

LeoNovus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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1.97

0.58

0.42

0.05

LeoNovus Quarterly Data
	Jun19	Sep19	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															0.01	0.03	0.01	-	-

LeoNovus 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 $0.03 Mil.

LeoNovus (OTCPK:LVNSF) 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.

LeoNovus Research & Development Related Terms

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LeoNovus (LeoNovus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LeoNovus Inc (OTCPK:LVNSF) » Definitions » Research & Development

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Address

2611 Queensview Drive, Suite 125, Ottawa, ON, CAN, K2B 8K2

Website

https://www.leonovus.com

LeoNovus Inc s is a secure data management software company. The Leonovus suite of data management tools offers customers a complete end-to-end data-centric solution. This solution can stand on its own, or it can be integrated with the organization's zerotrust strategy and architecture. It takes seamless advantage of the organization's existing storage infrastructure and network architecture, working on-premises, in the cloud, or both and extends the data-centric controls across the entire architecture, including cloud resources.