QTREX Quantum (QTEX) Research & Development (2020 - 2023)

QTREX Quantum has reported Research & Development for 4 years, with the latest figure at $1.9 million in Q4 2023.

• Quarterly Research & Development rose 7.51% year-over-year to $1.9 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $7.3 million (down 9.11% YoY) and the FY2025 annual result came in at $9.6 million, down 40.86% from the prior year.
• Research & Development improved to $1.9 million in Q4 2023 per QTEX's latest filing, from $1.5 million in the prior quarter.
• Over five years, Research & Development peaked at $2.7 million in Q2 2022 and troughed at -$1.9 million in Q4 2020.
• A 4-year average of $1.3 million and a median of $1.8 million in 2023 frame the typical range for Research & Development.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 525.63% in 2022, then plunged 35.04% in 2023.
• Over 4 years, Research & Development stood at -$1.9 million in 2020, then jumped by 216.75% to $2.2 million in 2021, then declined by 18.53% to $1.8 million in 2022, then grew by 7.51% to $1.9 million in 2023.
• According to Business Quant data, Research & Development over the past three periods registered $1.9 million, $1.5 million, and $1.8 million for Q4 2023, Q3 2023, and Q2 2023 respectively.