SMME (SmartMetric) Research & Development: $0.03 Mil (TTM As of Sep. 2024)

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What is SmartMetric Research & Development?

SmartMetric SMME -90.00% Research & Development is $0.03 Mil as of Sep. 2024.

Research & Development is the aggregate amount of research and development expenses during the year. SmartMetric's Research & Development for the three months ended in Sep. 2024 was $0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was $0.03 Mil.

SmartMetric  (OTCPK:SMME) 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.

SmartMetric Research & Development Related Terms

SmartMetric Research & Development Historical Data

* Premium members only.

The historical data trend for SmartMetric'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.

SmartMetric Research & Development Chart

SmartMetric Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.08 0.13 0.13 0.05

SmartMetric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.03 0.01 0.01 0.01 0.01

SmartMetric Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.03 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 $0.03 Mil mean?
SmartMetric (SMME) has a Research & Development of $0.03 Mil as of Sep. 2024. Research and development expense is the total cost for research and development activities. View historical data on SmartMetric and its competitors.
Is SmartMetric's Research & Development too high?
SmartMetric's current Research & Development is $0.03 Mil.
How does SmartMetric's Research & Development compare to MARK and VHAI?
SmartMetric's Research & Development of $0.03 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 SmartMetric and its competitors. SmartMetric's current Research & Development is $0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartMetric stock overvalued right now?
SmartMetric (SMME) has a current Research & Development of $0.03 Mil. The current Research & Development is $0.03 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 SmartMetric (SMME), the current Research & Development is $0.03 Mil as of Sep. 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.

SmartMetric Business Description

Address 3960 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89109
SmartMetric Inc is engaged in the technology industry. It holds the license to biometric smart card technology. The company has developed a fingerprint sensor-activated payment card and a security card with a finger sensor and a fully functional fingerprint reader embedded inside the card. The cards have a rechargeable battery allowing for portable biometric identification and card activation. Its product offerings include Touch & Pay card, Smart Security card, Smart Identity card, Smart health records card, and smart driver's license.