X3 Holdings Co (X3 Holdings Co) Research & Development : $4.81 Mil (TTM As of Dec. 2023)

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What is X3 Holdings Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. X3 Holdings Co's Research & Development for the six months ended in Dec. 2023 was $2.30 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $4.81 Mil.

X3 Holdings Co Research & Development Historical Data

The historical data trend for X3 Holdings Co'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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X3 Holdings Co Research & Development Chart

X3 Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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2.16

2.78

2.61

3.46

4.81

X3 Holdings Co Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial										1.30	1.97	1.49	2.52	2.30

X3 Holdings Co 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 semi-annually data reported by the company within the most recent 12 months, which was $4.81 Mil.

X3 Holdings Co (NAS:XTKG) 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.

X3 Holdings Co Research & Development Related Terms

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X3 Holdings Co (X3 Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » X3 Holdings Co Ltd (NAS:XTKG) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

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Address

Advanced Business Park, 29 Lanwan Lane, 9th Floor, Building C2, Hightech District, Guangdong Province, Zhuhai, CHN, 519080

Website

https://www.powerbridge.com

Powerbridge Technologies Co Ltd provides a software application, technology solutions, and services to corporate and government customers. The company offers services such as Powerbridge System Solutions, Powerbridge SaaS Services, Powerbridge BaaS Services, and others. It generates its revenue in the form of application development services, consulting and technical support services, and subscription services. All of its revenues are generated from the People's Republic of China.