TUGAF (Tuga Innovations) Research & Development : $0.01 Mil (TTM As of Oct. 2024)

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What is Tuga Innovations Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Tuga Innovations's Research & Development for the three months ended in Oct. 2024 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Oct. 2024 was $0.01 Mil.

Tuga Innovations Research & Development Historical Data

The historical data trend for Tuga 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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Tuga Innovations Research & Development Chart

Tuga Innovations Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Research & Development

0.14

0.81

0.28

Tuga Innovations Quarterly Data
	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Research & Development	Get a 7-Day Free Trial										-0.01	-	-	0.01	-

Tuga 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Tuga Innovations (OTCPK:TUGAF) 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.

Tuga Innovations Research & Development Related Terms

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Tuga Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuga Innovations Inc (OTCPK:TUGAF) » Definitions » Research & Development

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Traded in Other Exchanges

DQ5:Germany TUGA:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.tugainnovations.com

Tuga Innovations Inc is a development-stage electric vehicle company involved in the conception, design, and production of specialized EVs to improve the urban mobility experience. It is engaged in the reduction of urban mobility difficulties by developing a three-wheeled, fully electric fore-and-aft 2-seat vehicle.