American Bitcoin annual r&d spending
2018
2019
2020
2020
2020
2021
2022
2023
American Bitcoin R&D Spending Growth & History (ABTC)
American Bitcoin's r&d spending was $2.3M for fiscal 2023.
View full American Bitcoin company overviewAmerican Bitcoin annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $2.3M | −$1.8M | −42.87% |
| 2022 | 2022-12-31 | $4.1M | −$1.8M | −30.61% |
| 2021 | 2021-12-31 | $5.9M | $2.7M | +86.10% |
| 2020 · Dec 31 | 2020-12-31 | $3.2M | — | — |
| 2020 · Jul 30 | 2020-07-30 | $2.1M | — | — |
| 2020 · Jun 30 | 2020-06-30 | $3.2M | −$2.4M | −42.39% |
| 2019 | 2019-06-30 | $5.6M | $2.9M | +110.39% |
| 2018 | 2018-06-30 | $2.6M | — | — |
American Bitcoin quarterly r&d spending
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | $181,774 | $43,785 | +31.73% |
| Q3 2023 | 2023-09-30 | $649,070 | −$310,116 | −32.33% |
| Q2 2023 | 2023-06-30 | $659,287 | −$616,085 | −48.31% |
| Q1 2023 | 2023-03-31 | $845,478 | −$870,269 | −50.72% |
| Q4 2022 | 2022-12-31 | $137,989 | −$1.2M | −89.96% |
| Q3 2022 | 2022-09-30 | $959,186 | −$607,292 | −38.77% |
| Q2 2022 | 2022-06-30 | $1.3M | −$251,886 | −16.49% |
| Q1 2022 | 2022-03-31 | $1.7M | $291,647 | +20.48% |
| Q4 2021 | 2021-12-31 | $1.4M | — | — |
| Q3 2021 | 2021-09-30 | $1.6M | −$192,348 | −10.94% |
| Q2 2021 | 2021-06-30 | $1.5M | $438,320 | +40.25% |
| Q1 2021 · Mar 31 | 2021-03-31 | $1.4M | $549,313 | +62.79% |
| Q1 2021 · Sep 30 | 2020-09-30 | $1.8M | $1.1M | +187.91% |
| Q4 2020 · Jun 30 | 2020-06-30 | $1.1M | −$1.6M | −59.48% |
| Q3 2020 | 2020-03-31 | $874,787 | −$126,607 | −12.64% |
| Q2 2020 | 2019-12-31 | $623,501 | −$451,502 | −42.00% |
| Q1 2020 | 2019-09-30 | $610,902 | −$190,570 | −23.78% |
| Q4 2019 | 2019-06-30 | $2.7M | — | — |
| Q3 2019 | 2019-03-31 | $1.0M | — | — |
| Q2 2019 | 2018-12-31 | $1.1M | — | — |
| Q1 2019 | 2018-09-30 | $801,472 | — | — |
American Bitcoin r&d spending trends
Between the periods ended 2018-06-30 and 2023-12-31, American Bitcoin's r&d spending decreased from $2.6M to $2.3M, a change of −$309,484. The latest reported quarter, Q4 2023, shows $181,774.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review American Bitcoin source filings ↗