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First National (FXNC) Research & Development: 2009-2024

Historic Research & Development for First National (FXNC) over the last 16 years, with Dec 2024 value amounting to $1.4 million.

  • First National's Research & Development rose 70.69% to $495,000 in Q3 2025 from the same period last year, while for Sep 2025 it was $2.5 million, marking a year-over-year increase of 140.35%. This contributed to the annual value of $1.4 million for FY2024, which is 34.10% up from last year.
  • Latest data reveals that First National reported Research & Development of $1.4 million as of FY2024, which was up 34.10% from $1.0 million recorded in FY2023.
  • Over the past 5 years, First National's Research & Development peaked at $2.2 million during FY2021, and registered a low of $759,000 during FY2020.
  • Moreover, its 3-year median value for Research & Development was $1.0 million (2023), whereas its average is $1.1 million.
  • Its Research & Development has fluctuated over the past 5 years, first spiked by 184.06% in 2021, then plummeted by 54.13% in 2022.
  • First National's Research & Development (Yearly) stood at $759,000 in 2020, then spiked by 184.06% to $2.2 million in 2021, then slumped by 54.13% to $989,000 in 2022, then climbed by 5.86% to $1.0 million in 2023, then surged by 34.10% to $1.4 million in 2024.