Aduro Clean Technologies (XCNQ:ACT) Research & Development : C$2.46 Mil (TTM As of Feb. 2024)

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What is Aduro Clean Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Aduro Clean Technologies's Research & Development for the three months ended in Feb. 2024 was C$0.66 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was C$2.46 Mil.

Aduro Clean Technologies Research & Development Historical Data

The historical data trend for Aduro Clean Technologies'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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Aduro Clean Technologies Research & Development Chart

Aduro Clean Technologies Annual Data

Trend

May18

May19

May20

May21

May22

May23

Research & Development

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0.01

0.31

1.04

1.78

Aduro Clean Technologies Quarterly Data
	May19	Aug19	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															0.44	0.55	0.62	0.63	0.66

Aduro Clean Technologies 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$2.46 Mil.

Aduro Clean Technologies (XCNQ:ACT) 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.

Aduro Clean Technologies Research & Development Related Terms

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Aduro Clean Technologies (XCNQ:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aduro Clean Technologies Inc (XCNQ:ACT) » Definitions » Research & Development

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Traded in Other Exchanges

ACTHF:USA 9D50:Germany

Address

1086 Modeland Road, Suite 104, Sarnia, ON, CAN, N7S 6L2

Website

https://www.adurocleantech.com

Aduro Clean Technologies Inc is a developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into feedstocks and higher-value fuels. The company's technology activates unique properties of water in a chemistry platform that operates at relatively low temperatures and costs.