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

Hour Loop has disclosed Research & Development across 3 years of filings, most recently posting $475.0 for Q3 2023.

• Research & Development for Q3 2023 came in at $475.0, down 92.83% year-over-year; the trailing twelve-month figure through Sep 2023 was $5545.0 (down 92.41% YoY), and the FY2022 annual result was $30304.0, down 65.61% from the prior year.
• Research & Development came in at $475.0 for Q3 2023 at Hour Loop, up from $388.0 in the prior quarter.
• In the past five years, Research & Development ranged from a high of $47427.0 in Q4 2021 to a low of $388.0 in Q1 2023.
• The 3-year median for Research & Development is $5655.0 (2022), against an average of $11929.2.
• Across the five-year window, Research & Development surged 257.19% in 2022 and slumped 92.83% in 2023, its largest moves.
• Hour Loop's Research & Development stood at $47427.0 in 2021, then tumbled by 90.13% to $4682.0 in 2022, then slumped by 89.85% to $475.0 in 2023.
• The last three Research & Development figures came in at $475.0 (Q3 2023), $388.0 (Q1 2023), and $4682.0 (Q4 2022), per Business Quant data.