SONG (Music Licensing) Research & Development : $0.0 Mil (TTM As of Jun. 2024)

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What is Music Licensing Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Music Licensing's Research & Development for the three months ended in Jun. 2024 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was $0.0 Mil.

Music Licensing Research & Development Historical Data

The historical data trend for Music Licensing'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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Music Licensing Research & Development Chart

Music Licensing Annual Data

Trend

Dec21

Dec22

Dec23

Research & Development

Music Licensing Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Research & Development	Get a 7-Day Free Trial			-	-	-	-	-

Music Licensing 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 $0.0 Mil.

Music Licensing (OTCPK:SONG) 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.

Music Licensing Research & Development Related Terms

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Music Licensing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Music Licensing Inc (OTCPK:SONG) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

3811 Airport Pulling Rd N, Suite 203, Naples, FL, USA, 34105-2512

Website

https://www.promusicrights.com

Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues.