IR-Med (IR-Med) Research & Development : $1.65 Mil (TTM As of Mar. 2024)

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What is IR-Med Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. IR-Med's Research & Development for the three months ended in Mar. 2024 was $0.20 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $1.65 Mil.

IR-Med Research & Development Historical Data

The historical data trend for IR-Med's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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IR-Med Research & Development Chart

IR-Med Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Research & Development

0.41

1.42

1.89

2.06

IR-Med Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial										0.61	0.50	0.47	0.49	0.20

IR-Med Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.65 Mil.

IR-Med (OTCPK:IRME) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

IR-Med Research & Development Related Terms

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IR-Med (IR-Med) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » IR-Med Inc (OTCPK:IRME) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Z.H.R Industrial Zone, P.O. Box 143, Rosh Pina, ISR, 1231400

Website

https://www.ir-medical.com

IR-Med Inc is a medical device company that specializes in infrared-based technologies. It develops medical devices based on the combination of Infra-Red (IR) and Artificial Intelligence (AI) technologies.