TON Strategy (TONX) Research & Development (2014 - 2023)

TON Strategy has reported Research & Development for 10 years, with the latest figure at $648000.0 in Q1 2023.

• For the quarter ending Q1 2023, Research & Development fell 58.99% year-over-year to $648000.0; the trailing twelve-month figure through Mar 2023 stood at $4.3 million (down 61.45% YoY), and the FY2022 full-year result was $5.2 million, down 57.97% from the prior year.
• Research & Development for Q1 2023 stood at $648000.0, down from $854000.0 in the prior quarter.
• The five-year high for Research & Development was $3.5 million in Q3 2021, with the low at $564000.0 in Q1 2019.
• Historically, Research & Development has averaged $1.8 million across 5 years, with a median of $1.4 million in 2022.
• Annual changes were most pronounced in 2019 — Research & Development soared 1171.43% — and 2022, when it tumbled 68.78%.
• TON Strategy's Research & Development stood at $1.2 million in 2019, then jumped by 118.93% to $2.6 million in 2020, then rose by 4.19% to $2.7 million in 2021, then plunged by 68.78% to $854000.0 in 2022, then decreased by 24.12% to $648000.0 in 2023.
• The last three Research & Development figures came in at $648000.0 (Q1 2023), $854000.0 (Q4 2022), and $1.4 million (Q3 2022), per Business Quant data.