NTBLQ (Notable Labs) Total Operating Expense: $9.22 Mil (TTM As of Jun. 2024)


What is Notable Labs Total Operating Expense?

Notable Labs NTBLQ -90.00% Total Operating Expense is $9.22 Mil as of Jun. 2024.

Notable Labs's Total Operating Expense for the three months ended in Jun. 2024 was $5.38 Mil. Notable Labs's Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 was $9.22 Mil.

Notable Labs Total Operating Expense Related Terms

Notable Labs Total Operating Expense Historical Data

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The historical data trend for Notable Labs's Total Operating Expense 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.

Notable Labs Total Operating Expense Chart

Notable Labs Annual Data
Trend Dec21 Dec22 Dec23
Total Operating Expense
17.20 12.93 14.77

Notable Labs Quarterly Data
Dec21 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
Total Operating Expense Get a 7-Day Free Trial 5.52 2.99 0.00 3.84 5.38

Notable Labs Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $9.22 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.

What does a Total Operating Expense of $9.22 Mil mean?
Notable Labs (NTBLQ) has a Total Operating Expense of $9.22 Mil as of Jun. 2024. Total operating expense is the primary recurring expense associated with central operations. View historical data on Notable Labs and its competitors.
Is Notable Labs' Total Operating Expense too high?
Notable Labs' current Total Operating Expense is $9.22 Mil.
How does Notable Labs' Total Operating Expense compare to VRTX and REGN?
Notable Labs' Total Operating Expense of $9.22 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Biotechnology company?
A good Total Operating Expense depends on the Biotechnology industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Notable Labs and its competitors. Notable Labs's current Total Operating Expense is $9.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Notable Labs stock overvalued right now?
Notable Labs (NTBLQ) has a current Total Operating Expense of $9.22 Mil. The current Total Operating Expense is $9.22 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Notable Labs (NTBLQ), the current Total Operating Expense is $9.22 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Notable Labs Business Description

Address 320 Hatch Drive, Foster City, CA, USA, 94404
Notable Labs Ltd is a clinical-stage platform therapeutics company developing predictive precision medicines for patients with cancer. Through its proprietary Predictive Precision Medicines Platform (PPMP), Notable bio-simulates a cancer treatment to predict whether or not a patient is likely to respond to that specific therapeutic. PPMP is designed to enable Notable to identify and select patients expected to be clinically responsive before the initiation of their treatment and potentially enable fast-track therapeutic development in this patient population.