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Izotropic (XCNQ:IZO) Research & Development : C$1.05 Mil (TTM As of Jan. 2024)


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What is Izotropic Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Izotropic's Research & Development for the three months ended in Jan. 2024 was C$0.16 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 was C$1.05 Mil.

Izotropic Research & Development Historical Data

The historical data trend for Izotropic'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.

Izotropic Research & Development Chart

Izotropic Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Research & Development
Get a 7-Day Free Trial - - 0.79 3.46 2.39

Izotropic Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only 0.65 0.49 0.13 0.28 0.16

Izotropic Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1.05 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.

Izotropic  (XCNQ:IZO) 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.

Izotropic Research & Development Related Terms

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Izotropic (XCNQ:IZO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Izotropic Corp (XCNQ:IZO) » Definitions » Research & Development
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Traded in Other Exchanges
IZOZF:USA 1R3:Germany
Address
800 - 15355, 24th Avenue, Suite 424, Surrey, BC, CAN, V4A 2H9
Website
https://www.izocorp.com
Izotropic Corp is a research and development company specializing in cancer research and early detection for breast cancer. The Izotropic Breast CT Imaging System, IZOview produces high-resolution breast images in 3D. The company has a worldwide license from the University of California to commercialize the technology.

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