MMLTFMMLTFOTC
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R&D Expenses Over TimeContracting
Percentile Rank29
3Y CAGR-52.0%
5Y CAGR-44.5%
Year-over-Year Change
Research and development spending
3Y CAGR
-52.0%/yr
vs -22.0%/yr prior
5Y CAGR
-44.5%/yr
Recent deceleration
Acceleration
-30.1pp
Decelerating
Percentile
P29
Within normal range
vs 5Y Ago
0.1x
Contraction
Streak
1 yr
Consecutive growthContracting
| Period | Value | YoY Change |
|---|---|---|
| 2024 | $1.50M | +7.1% |
| 2023 | $1.40M | -73.6% |
| 2022 | $5.30M | -61.0% |
| 2021 | $13.60M | -41.1% |
| 2020 | $23.10M | -19.2% |
| 2019 | $28.60M | -9.8% |
| 2018 | $31.70M | -13.6% |
| 2017 | $36.70M | +46.8% |
| 2016 | $25.00M | 0.0% |
| 2015 | $25.00M | - |