Magnet Forensics (Magnet Forensics) Research & Development : $32.28 Mil (TTM As of Dec. 2022)

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What is Magnet Forensics Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Magnet Forensics's Research & Development for the three months ended in Dec. 2022 was $8.61 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 was $32.28 Mil.

Magnet Forensics Research & Development Historical Data

The historical data trend for Magnet Forensics'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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Magnet Forensics Research & Development Chart

Magnet Forensics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Research & Development

9.60

13.60

13.78

19.57

32.28

Magnet Forensics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Research & Development	Get a 7-Day Free Trial									6.47	7.26	8.25	8.16	8.61

Magnet Forensics Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.28 Mil.

Magnet Forensics (OTCPK:MAGTF) 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.

Magnet Forensics Research & Development Related Terms

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Magnet Forensics (Magnet Forensics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Magnet Forensics Inc (OTCPK:MAGTF) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

2220 University Avenue East, Suite 300, Waterloo, ON, CAN, N2K0A8

Website

https://www.magnetforensics.com

Magnet Forensics Inc is a developer of digital investigation software. It acquires, analyzes, reports on, and manages evidence from digital sources, including computers, mobile devices, IoT devices and cloud services.