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

QTREX Quantum has disclosed Research & Development across 4 years of filings, most recently posting $1.9 million for Q4 2023.

• In Q4 2023, Research & Development rose 7.51% year-over-year to $1.9 million; the TTM figure through Dec 2023 stood at $7.3 million (down 9.11% YoY), while the FY2025 annual figure was $9.6 million, down 40.86% from the prior year.
• Research & Development came in at $1.9 million for Q4 2023 at QTREX Quantum, up from $1.5 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $2.7 million in Q2 2022 to a low of $437000.0 in Q2 2021.
• Average Research & Development over 4 years is $1.6 million, with a median of $1.8 million recorded in 2023.
• Year-over-year, Research & Development soared 525.63% in 2022 and tumbled 35.04% in 2023.
• Over 4 years, Research & Development stood at $1.3 million in 2020, then slumped by 54.4% to $581000.0 in 2021, then jumped by 211.88% to $1.8 million in 2022, then advanced by 7.51% to $1.9 million in 2023.
• Per Business Quant data, the three most recent Research & Development figures were $1.9 million in Q4 2023, $1.5 million in Q3 2023, and $1.8 million in Q2 2023.