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Ocumetics Technology (TSXV:OTC) Research & Development : C$0.91 Mil (TTM As of Dec. 2023)


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What is Ocumetics Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ocumetics Technology's Research & Development for the three months ended in Dec. 2023 was C$0.28 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.91 Mil.

Ocumetics Technology Research & Development Historical Data

The historical data trend for Ocumetics Technology'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.

* Premium members only.

Ocumetics Technology Research & Development Chart

Ocumetics Technology Annual Data
Trend Jul20 Jul21 Dec22 Dec23
Research & Development
- - 0.56 0.91

Ocumetics Technology Quarterly Data
Jul20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.12 0.17 0.19 0.27 0.28

Ocumetics Technology 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.91 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.

Ocumetics Technology  (TSXV:OTC) 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.

Ocumetics Technology Research & Development Related Terms

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Ocumetics Technology (TSXV:OTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Ocumetics Technology Corp (TSXV:OTC) » Definitions » Research & Development
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Traded in Other Exchanges
OTCFF:USA
Address
639 - 5th Avenue S.W., Suite 1250, Calgary, AB, CAN, T2P 0M9
Website
https://www.ocumetics.com
Ocumetics Technology Corp is a Canadian-based research and product development company. The company is engaged in developing an accommodating intraocular lens to eliminate the need for corrective lenses, especially for people over 45 years of age.
Executives
Roger Jewett Director, Senior Officer

Ocumetics Technology (TSXV:OTC) Headlines

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