Charlie's Holdings (CHUC) Research & Development (2010 - 2024)
Charlie's Holdings (CHUC) reported Research & Development of $6,000 for Q1 2024, down 88.5% from $52,000 a year earlier and down 83.8% from the prior quarter.
Charlie's Holdings (CHUC) Research & Development (2010 - 2024) Analysis & Trends
Over the twelve months ended Mar 31, 2024, Charlie's Holdings' Research & Development came in at $123,000, down 85.4% year-over-year; for FY2023, it was $169,000, down 79.0% from FY2022.
- Research & Development has a four-year compound annual growth rate of -37.4% (FY2019 to FY2023).
- By year, Research & Development came in at $804,000 in FY2022, $24,000 in FY2021 (-99.3%), $3.38 million in FY2020 (+206.5%) and $1.1 million in FY2019.
- The Q1 2024 figure ranks as the lowest quarterly Research & Development since Q3 2021.
- Year over year, Research & Development gained in four of the last seven quarters, with growth averaging 131.1%.
- The high point for year-over-year Research & Development in five years was Q1 2023 (growth of 372.7%); the low point was Q1 2021 (a decline of 99.6%).
- Per Business Quant data, the three quarters before Q1 2024 came in at $37,000 (Q4 2023), $41,000 (Q3 2023) and $39,000 (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 311.51 Bn | 291.15 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 129.24 Bn | 105.61 Bn | - | - |
| 3 | Altria | 124.94 Bn | 111.10 Bn | 3.82 Bn | - |
| 4 | Trulieve Cannabis | 2.09 Bn | 705.03 Mn | 162.29 Mn | - |
| 5 | RLX Technology | 2.07 Bn | -1.69 Bn | 52.74 Mn | -4.33 Mn |
| 6 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | - |
| 7 | Green Thumb Industries | 1.38 Bn | 228.69 Mn | 137.87 Mn | - |
| 8 | Turning Point Brands | 1.28 Bn | 383.66 Mn | 93.70 Mn | - |
| 9 | Cronos | 1.23 Bn | -2.04 Bn | 28.45 Mn | 1.22 Mn |
| 10 | Charlie's Holdings | 35.63 Mn | 31.99 Mn | 1.12 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 6,000.00 |
| Dec 31, 2023 | 37,000.00 |
| Sep 30, 2023 | 41,000.00 |
| Jun 30, 2023 | 39,000.00 |
| Mar 31, 2023 | 52,000.00 |
| Dec 31, 2022 | 40,000.00 |
| Sep 30, 2022 | 9,000.00 |
| Jun 30, 2022 | 744,000.00 |
| Mar 31, 2022 | 11,000.00 |
| Dec 31, 2021 | 10,000.00 |
| Sep 30, 2021 | 5,000.00 |
| Mar 31, 2021 | 9,000.00 |
| Dec 31, 2020 | 6,000.00 |
| Sep 30, 2020 | 741,000.00 |
| Jun 30, 2020 | 408,000.00 |
| Mar 31, 2020 | 2.22 Mn |
| Dec 31, 2019 | 1.10 Mn |
| Mar 31, 2019 | 5,000.00 |
| Dec 31, 2011 | 1.00 |
| Sep 30, 2011 | 86.00 |
Charlie's Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=CHUC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CHUC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=CHUC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();