Check-Cap (MBAI) Research & Development (2014 - 2023)

Check-Cap has reported Research & Development for 10 years, with the latest figure at $130000.0 in Q4 2023.

• Quarterly Research & Development fell 95.6% year-over-year to $130000.0 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $8.3 million (down 41.76% YoY) and the FY2023 annual result came in at $8.3 million, down 41.76% from the prior year.
• Research & Development grew to $130000.0 in Q4 2023 per MBAI's latest filing, from $30000.0 in the prior quarter.
• Over five years, Research & Development peaked at $4.5 million in Q2 2023 and troughed at $30000.0 in Q3 2023.
• A 5-year average of $2.8 million and a median of $2.8 million in 2019 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 71.57% in 2022, then sank 99.18% in 2023.
• Over 5 years, Research & Development stood at $2.8 million in 2019, then surged by 46.36% to $4.1 million in 2020, then changed by 0.0% to $4.1 million in 2021, then retreated by 28.36% to $3.0 million in 2022, then sank by 95.6% to $130000.0 in 2023.
• According to Business Quant data, Research & Development over the past three periods registered $130000.0, $30000.0, and $4.5 million for Q4 2023, Q3 2023, and Q2 2023 respectively.