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Mullen Automotive (Mullen Automotive) Research & Development : $84.94 Mil (TTM As of Dec. 2023)


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What is Mullen Automotive Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mullen Automotive's Research & Development for the three months ended in Dec. 2023 was $16.17 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $84.94 Mil.

Mullen Automotive Research & Development Historical Data

The historical data trend for Mullen Automotive'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.

Mullen Automotive Research & Development Chart

Mullen Automotive Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
0.87 1.67 3.01 21.65 77.39

Mullen Automotive Quarterly Data
Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 8.62 20.48 22.09 26.20 16.17

Mullen Automotive 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $84.94 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.

Mullen Automotive  (NAS:MULN) 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.

Mullen Automotive Research & Development Related Terms

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Mullen Automotive (Mullen Automotive) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mullen Automotive Inc (NAS:MULN) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
1405 Pioneer Street, Brea, CA, USA, 92821
Website
https://www.mullenusa.com
Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.
Executives
David Michery director, officer: CEO, President 1875 CENTURY PARK EAST, 6TH FLOOR, SUITE 73, CENTURY CITY CA 90067
Chester A. Bragado officer: CAO 1405 PIONEER STREET, BREA CA 92821
Jonathan New officer: Chief Financial Officer 12100 NE 16TH AVENUE, #210, NORTH MIAMI FL 33161
Kent Puckett director 1405 PIONEER STREET, BREA CA 92821
John Kevin Andersen director 1405 PIONEER STREET, BREA CA 92821
Calin Popa officer: Pres. Mullen Automotive 1405 PIONEER STREET, BREA CA 92821
Ignacio Novoa director 1405 PIONEER STREET, BREA CA 92821
Jerry Alban director, officer: COO 1405 PIONEER STREET, BREA CA 92821
Mark Betor director 1405 PIONEER STREET, BREA CA 92821
Kerri Sadler officer: CFO 1405 PIONEER STREET, BREA CA 92821
William Miltner director 1405 PIONEER STREET, BREA CA 92821
Mary Winter director, officer: Secretary 1405 PIONEER STREET, BREA CA 92821
Todd Raarup director 133 PROSPECTOR LANE 4102, ASPEN CO 81611
John Roland director 3370 NE 190 STREET APT. 2108, AVENTURA FL 33180
John Joseph Wiegand director 1250 EASTON ROAD, SUITE 190 A, HORSHAM PA 19044