Sonendo, Inc. (SONX) Research & Development (2020 - 2024)
Sonendo (SONX) reported Research & Development of $1.41 million for Q4 2024, down 28.1% from $1.97 million a year earlier and down 11.0% from the prior quarter.
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Sonendo, Inc. (SONX) Research & Development (2020 - 2024) Analysis & Trends
For FY2024, Sonendo posted Research & Development of $6.76 million, down 35.3% from FY2023.
- Research & Development has declined for four consecutive years, with a four-year compound annual growth rate of -24.2% (FY2020 to FY2024).
- By year, Research & Development came in at $10.44 million in FY2023 (-37.8%), $16.78 million in FY2022 (-9.7%), $18.57 million in FY2021 (-9.3%) and $20.46 million in FY2020.
- The Q4 2024 figure ranks as the lowest quarterly Research & Development in data going back to Q3 2020.
- Year over year, Research & Development has now declined in each of the last 14 quarters, with an average decline of 36.4% over the last eight quarters.
- Across the past five years, year-over-year decline in Research & Development ran from 3.9% in Q1 2022 to 45.1% in Q4 2023.
- Per Business Quant data, the three quarters before Q4 2024 came in at $1.59 million (Q3 2024), $1.57 million (Q2 2024) and $2.19 million (Q1 2024).
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 1.41 Mn |
| Sep 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 1.57 Mn |
| Mar 31, 2024 | 2.19 Mn |
| Dec 31, 2023 | 1.97 Mn |
| Sep 30, 2023 | 2.79 Mn |
| Jun 30, 2023 | 2.76 Mn |
| Mar 31, 2023 | 2.93 Mn |
| Dec 31, 2022 | 3.58 Mn |
| Sep 30, 2022 | 4.33 Mn |
| Jun 30, 2022 | 4.02 Mn |
| Mar 31, 2022 | 4.85 Mn |
| Dec 31, 2021 | 4.26 Mn |
| Sep 30, 2021 | 4.63 Mn |
| Jun 30, 2021 | 4.63 Mn |
| Mar 31, 2021 | 5.05 Mn |
| Dec 31, 2020 | 5.91 Mn |
| Sep 30, 2020 | 4.92 Mn |
API Access
Sonendo, Inc. Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=SONX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "SONX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=SONX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();