NTBLQ (Notable Labs) Research & Development: $3.90 Mil (TTM As of Jun. 2024)


What is Notable Labs Research & Development?

Notable Labs NTBLQ -90.00% Research & Development is $3.90 Mil as of Jun. 2024.

Research & Development is the aggregate amount of research and development expenses during the year. Notable Labs's Research & Development for the three months ended in Jun. 2024 was $2.35 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was $3.90 Mil.

Notable Labs  (OTCPK:NTBLQ) 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.

Notable Labs Research & Development Related Terms

Notable Labs Research & Development Historical Data

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The historical data trend for Notable Labs'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.

Notable Labs Research & Development Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Research & Development
11.47 7.78 4.71

Notable Labs Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Research & Development Get a 7-Day Free Trial 1.60 1.05 0.00 1.55 2.35

Notable Labs 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 $3.90 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $3.90 Mil mean?
Notable Labs (NTBLQ) has a Research & Development of $3.90 Mil as of Jun. 2024. Research and development expense is the total cost for research and development activities. View historical data on Notable Labs and its competitors.
Is Notable Labs' Research & Development too high?
Notable Labs' current Research & Development is $3.90 Mil.
How does Notable Labs' Research & Development compare to VRTX and REGN?
Notable Labs' Research & Development of $3.90 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Biotechnology company?
A good Research & Development depends on the Biotechnology industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Notable Labs and its competitors. Notable Labs's current Research & Development is $3.90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Research & Development of $3.90 Mil. The current Research & Development is $3.90 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Notable Labs (NTBLQ), the current Research & Development is $3.90 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Notable Labs Business Description

Address 320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.