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Research and development spending
3Y CAGR
+55.6%/yr
vs +33.9%/yr prior
5Y CAGR
+69.9%/yr
Recent deceleration
Acceleration
+21.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
14.1x
Strong expansion
Streak
1 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $49.80M | - |
| 2024 | $0.00 | -100.0% |
| 2023 | $13.34M | +0.9% |
| 2022 | $13.22M | +111.3% |
| 2021 | $6.25M | +77.7% |
| 2020 | $3.52M | -20.5% |
| 2019 | $4.42M | +7.6% |
| 2018 | $4.11M | +15.5% |
| 2017 | $3.56M | +21.5% |
| 2016 | $2.93M | - |