MicroCloud Hologram Inc. (HOLOW) Research & Development (2021 - 2023)

MicroCloud Hologram (HOLOW) has 3 years of Research & Development data on file, last reported at -$11.3 million in Q2 2023.

• For the quarter ending Q2 2023, Research & Development changed N/A year-over-year to -$11.3 million; the trailing twelve-month figure through Jun 2023 stood at $28.8 million (changed N/A YoY), and the FY2025 full-year result was $8.0 million, down 67.43% from the prior year.
• Research & Development fell to -$11.3 million in Q2 2023, from $4.1 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $29.0 million in Q4 2022 to a low of -$11.3 million in Q2 2023.
• A 3-year average of $6.2 million and a median of $4.8 million in 2021 frame the typical range for Research & Development.
• Across the five-year window, Research & Development surged 500.5% in 2022 and plunged 37.33% in 2023, its largest moves.
• Tracing HOLOW's Research & Development over 3 years: stood at $4.8 million in 2021, then surged by 500.5% to $29.0 million in 2022, then tumbled by 138.76% to -$11.3 million in 2023.
• Business Quant data shows HOLOW's Research & Development at -$11.3 million in Q2 2023, $4.1 million in Q1 2023, and $29.0 million in Q4 2022.