SCTQ (Spectra Systems) Research & Development: $2.70 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SCTQ Spectra Systems Corp SCTQ
76 GF Score
Price $2.13
GF Value $4.23
! 4 Warning Signs
View Full Analysis

What is Spectra Systems Research & Development?

Spectra Systems SCTQ -3.18% 76 Research & Development is $2.70 Mil as of Dec. 2025. GuruFocus rates SCTQ with a GF Score™ of 76/100 and a GF Value™ of $4.23. The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Spectra Systems's Research & Development for the six months ended in Dec. 2025 was $1.49 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was $2.70 Mil.

Spectra Systems  (OTCPK:SCTQ) 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.

Spectra Systems Research & Development Related Terms

Spectra Systems Research & Development Historical Data

* Premium members only.

The historical data trend for Spectra Systems'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.

Spectra Systems Research & Development Chart

Spectra Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.51 1.45 2.16 2.70

Spectra Systems Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 1.35 0.81 1.21 1.49
SCTQ
76GF Score
Spectra Systems Corp SCTQ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spectra Systems 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.70 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 $2.70 Mil mean?
Spectra Systems (SCTQ) has a Research & Development of $2.70 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Spectra Systems and its competitors.
Is Spectra Systems' Research & Development too high?
Spectra Systems' current Research & Development is $2.70 Mil. Overall, Spectra Systems has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Spectra Systems' Research & Development compare to UBER and SHOP?
Spectra Systems' Research & Development of $2.70 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Spectra Systems and its competitors. Spectra Systems's current Research & Development is $2.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectra Systems stock overvalued right now?
Spectra Systems (SCTQ) has a current Research & Development of $2.70 Mil. The stock's GF Value™ is $4.23, compared to a current price of $2.13 — trading 49.6% below its estimated fair value. The current Research & Development is $2.70 Mil. Spectra Systems' overall GF Score™ is 76/100 with 4 warning signs to review. 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 Spectra Systems (SCTQ), the current Research & Development is $2.70 Mil as of Dec. 2025. 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.

Is Spectra Systems (SCTQ) Overvalued in 2026?

Based on GuruFocus' analysis, Spectra Systems stock appears to be undervalued. The current stock price of $2.13 is trading 49.6% below its estimated GF Value™ of $4.23.

Key valuation signals for SCTQ:

  • Research & Development: $2.70 Mil
  • GF Value™: $4.23 vs. price of $2.13 (49.6% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the SCTQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spectra Systems Business Description

Other Exchanges SPSY:UK
Address 40 Westminster Street, 2nd Floor, Providence, RI, USA, 02903
Spectra Systems Corp manufactures, and markets technology-based products used to authenticate and process banknotes and also offers secure software products for gaming. The company has divided its business into Authentication Systems, Security Printing, and Banknote Cleaning. The company derives maximum revenue from Authentication Systems that involve the hardware, software, and materials related to the authentication of banknotes, tax stamps, and other high-value goods.
76GF Score

Get the complete analysis for SCTQ

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.13
Price
$4.23
GF Value