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Riot Platforms (MEX:RIOT) Research & Development : MXN0 Mil (TTM As of Jun. 2024)


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What is Riot Platforms Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Riot Platforms's Research & Development for the three months ended in Jun. 2024 was MXN0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was MXN0 Mil.

Riot Platforms Research & Development Historical Data

The historical data trend for Riot Platforms'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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Riot Platforms Research & Development Chart

Riot Platforms Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Riot Platforms Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Riot Platforms 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 MXN0 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.

Riot Platforms  (MEX:RIOT) 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.

Riot Platforms Research & Development Related Terms

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Riot Platforms Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Riot Platforms Inc (MEX:RIOT) » Definitions » Research & Development
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Traded in Other Exchanges
RIOT:USA AP4N:Germany AP4N:Germany
Address
3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109
Website
https://www.riotplatforms.com
Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment which generates revenue from the Bitcoin the company earns through its mining activities.