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Research and development spending
3Y CAGR
+5.4%/yr
vs +122.0%/yr prior
5Y CAGR
+22.7%/yr
Recent deceleration
Acceleration
-116.6pp
Decelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.8x
Strong expansion
Streak
2 yr
Consecutive growthStrong
| Period | Value | YoY Change |
|---|---|---|
| 2025 | $22.79M | +2.8% |
| 2024 | $22.17M | +14.5% |
| 2023 | $19.36M | -0.5% |
| 2022 | $19.46M | +55.4% |
| 2021 | $12.53M | +53.0% |
| 2020 | $8.19M | +70.9% |
| 2019 | $4.79M | +498.0% |
| 2018 | $801000.00 | +347.5% |
| 2017 | $179000.00 | - |
| 2016 | $0.00 | - |