EOFBFEOFBFOTC
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R&D Expenses Over TimeContracting
Percentile Rank63
3Y CAGR-14.0%
5Y CAGR+49.7%
Year-over-Year Change
Research and development spending
3Y CAGR
-14.0%/yr
Annual compound
5Y CAGR
+49.7%/yr
Recent deceleration
Percentile
P63
Within normal range
vs 5Y Ago
7.5x
Strong expansion
Streak
2 yr
Consecutive declineContracting
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $2.88M | -40.3% |
| 2023 | $4.83M | -26.0% |
| 2022 | $6.53M | +44.0% |
| 2021 | $4.53M | +97.5% |
| 2020 | $2.30M | +497.9% |
| 2019 | $384000.00 | - |
| 2018 | $0.00 | - |
| 2017 | $0.00 | - |
| 2016 | $0.00 | - |