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

TON Strategy (TONX) has reported Research & Development for 10 consecutive years, with $648000.0 the latest figure, recorded 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 fell to $648000.0 in Q1 2023 per TONX's latest filing, from $854000.0 in the prior quarter.
• Across five years, Research & Development topped out at $3.5 million in Q3 2021 and bottomed 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.
• The sharpest annual moves came in 2019 and 2022: Research & Development jumped 1171.43% in 2019, then plunged 68.78% in 2022.
• Over 5 years, Research & Development stood at $1.2 million in 2019, then soared by 118.93% to $2.6 million in 2020, then advanced by 4.19% to $2.7 million in 2021, then slumped by 68.78% to $854000.0 in 2022, then dropped by 24.12% to $648000.0 in 2023.
• According to Business Quant data, Research & Development over the past three periods registered $648000.0, $854000.0, and $1.4 million for Q1 2023, Q4 2022, and Q3 2022 respectively.