PNNX (Pennexx Foods) Research & Development : $ Mil (TTM As of . 20)

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What is Pennexx Foods Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Pennexx Foods's Research & Development for the three months ended in . 20 was $0.00 Mil. Pennexx Foods does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in . 20.

Pennexx Foods Research & Development Historical Data

The historical data trend for Pennexx Foods'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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Pennexx Foods Research & Development Chart

Pennexx Foods Annual Data

Trend

Research & Development

Pennexx Foods Quarterly Data

Research & Development

Pennexx Foods Research & Development Calculation

This is the expense the company spent on research and development.

Pennexx Foods (OTCPK:PNNX) 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.

Pennexx Foods Research & Development Related Terms

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Pennexx Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pennexx Foods Inc (OTCPK:PNNX) » Definitions » Research & Development

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Traded in Other Exchanges

N/A

Address

2420 Enterprise Road, Suite 107, Clearwater, FL, USA, 33763

Website

http://www.pennexx.net

Pennexx Foods Inc is a technology company that is acquiring and developing novel methods of helping businesses grow using social media. The company is focused on Social Media, BitGift and Prepaid debit and credit cards utilizing artificial intelligence and patent-pending propriety software to gather information for targeted marketing.