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

QTREX Quantum (QTEX) has 4 years of Research & Development data on file, last reported 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.
• The five-year high for Research & Development was $2.7 million in Q2 2022, with the low at $437000.0 in Q2 2021.
• Average Research & Development over 4 years is $1.7 million, with a median of $1.8 million recorded in 2022.
• Year-over-year, Research & Development soared 525.63% in 2022 and slumped 35.04% in 2023.
• QTREX Quantum's Research & Development stood at $1.3 million in 2020, then surged by 74.57% to $2.2 million in 2021, then fell by 18.53% to $1.8 million in 2022, then increased by 7.51% to $1.9 million in 2023.
• Business Quant data shows QTEX's Research & Development at $1.9 million in Q4 2023, $1.5 million in Q3 2023, and $1.8 million in Q2 2023.