Hour Loop, Inc (HOUR) Research & Development (2021 - 2023)

Hour Loop (HOUR) posted Research & Development of $475.0 for Q3 2023, up 22.42% sequentially from $388.0 in Q1 2023, and down 92.83% YoY from $6628.0 in Q3 2022.

Hour Loop, Inc (HOUR) Research & Development (2021 - 2023) Analysis & Trends

Hour Loop (HOUR) has 3 years of Research & Development data on file, last reported at $475.0 in Q3 2023.

  • Quarterly Research & Development fell 92.83% year-over-year to $475.0 in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $5545.0 (down 92.41% YoY) and the FY2022 annual result came in at $30304.0, down 65.61% from the prior year.
  • Research & Development advanced to $475.0 in Q3 2023 per HOUR's latest filing, from $388.0 in the prior quarter.
  • The five-year high for Research & Development was $47427.0 in Q4 2021, with the low at $388.0 in Q1 2023.
  • Average Research & Development over 3 years is $11929.2, with a median of $5655.0 recorded in 2022.
  • Year-over-year, Research & Development soared 257.19% in 2022 and plunged 92.83% in 2023.
  • Hour Loop's Research & Development stood at $47427.0 in 2021, then plunged by 90.13% to $4682.0 in 2022, then tumbled by 89.85% to $475.0 in 2023.
  • Business Quant data shows HOUR's Research & Development at $475.0 in Q3 2023, $388.0 in Q1 2023, and $4682.0 in Q4 2022.

Peer Comparison

Historic Data

Download Data
DateValue
Sep 30, 2023 475.00
Mar 31, 2023 388.00
Dec 31, 2022 4,682.00
Sep 30, 2022 6,628.00
Jun 30, 2022 14,452.00
Mar 31, 2022 4,542.00
Dec 31, 2021 47,427.00
Sep 30, 2021 7,390.00
Jun 30, 2021 4,046.00
Mar 31, 2021 29,262.00