Plaintree Systems (Plaintree Systems) Research & Development : $1.25 Mil (TTM As of Dec. 2023)

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What is Plaintree Systems Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Plaintree Systems's Research & Development for the three months ended in Dec. 2023 was $0.38 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $1.25 Mil.

Plaintree Systems Research & Development Historical Data

The historical data trend for Plaintree Systems'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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Plaintree Systems Research & Development Chart

Plaintree Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Research & Development

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1.14

1.11

0.80

1.26

1.16

Plaintree Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															0.32	0.27	0.31	0.30	0.38

Plaintree Systems 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.25 Mil.

Plaintree Systems (OTCPK:PTEEF) 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.

Plaintree Systems Research & Development Related Terms

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Plaintree Systems (Plaintree Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Plaintree Systems Inc (OTCPK:PTEEF) » Definitions » Research & Development

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NPT:Canada

Address

10 Didak Drive, Arnprior, ON, CAN, K7S 0C3

Website

http://www.plaintree.com

Plaintree Systems Inc. is a diversified company with proprietary technology and manufacturing capabilities in structural design, aerospace, and telecommunications. The company's operating segment includes Electronics and Specialty Structures. It generates maximum revenue from the Specialty Structures segment. Geographically, it derives a majority of revenue from the United States.