Axim Biotechnologies R&D Spending Growth & History (AXIM)

Axim Biotechnologies's r&d spending was $39,823 for fiscal 2024.

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Axim Biotechnologies annual r&d spending history

Axim Biotechnologies annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20242024-12-31$39,823−$85,673−68.27%
20232023-12-31$125,496−$28,201−18.35%
20222022-12-31$153,697−$131,172−46.05%
20212021-12-31$284,869−$141,839−33.24%
20202020-12-31$426,708$426,708
20192019-12-31$0−$2.1M
20182018-12-31$2.1M$703,206+51.98%
20172017-12-31$1.4M$1.1M+474.32%
20162016-12-31$235,579−$335,876−58.78%
20152015-12-31$571,455$571,455
20142014-12-31$0

Axim Biotechnologies r&d spending trends

Over the last five fiscal years, Axim Biotechnologies's r&d spending increased from $0 to $39,823, a change of $39,823. The latest reported quarter, Q2 2025, shows −$475.

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 Axim Biotechnologies source filings ↗

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