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NEXE Innovations (TSXV:NEXE) Research & Development : C$0.68 Mil (TTM As of Feb. 2024)


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What is NEXE Innovations Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. NEXE Innovations's Research & Development for the three months ended in Feb. 2024 was C$0.10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.68 Mil.

NEXE Innovations Research & Development Historical Data

The historical data trend for NEXE Innovations'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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NEXE Innovations Research & Development Chart

NEXE Innovations Annual Data
Trend May20 May21 May22 May23
Research & Development
0.05 0.67 0.34 0.38

NEXE Innovations Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.03 0.19 0.31 0.08 0.10

NEXE Innovations Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.68 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.

NEXE Innovations  (TSXV:NEXE) 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.

NEXE Innovations Research & Development Related Terms

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NEXE Innovations (TSXV:NEXE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » NEXE Innovations Inc (TSXV:NEXE) » Definitions » Research & Development
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Traded in Other Exchanges
NEXNF:USA NX5:Germany
Address
19355 22nd Avenue, Suite 109, Surrey, BC, CAN, V3Z3S6
Website
https://www.nexeinnovations.com
NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.
Executives
Ashvani Guglani Director

NEXE Innovations (TSXV:NEXE) Headlines

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