Freight Technologies R&D Spending Growth & History (FRGT)
Freight Technologies's r&d spending was $0 for fiscal 2021.
View full Freight Technologies company overviewFreight Technologies annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2021 | 2021-12-31 | $0 | $0 | — |
| 2020 | 2020-12-31 | $0 | $0 | — |
| 2019 | 2019-12-31 | $0 | −$3.5M | — |
| 2018 | 2018-12-31 | $3.5M | $3.4M | +3689.81% |
| 2017 | 2017-12-31 | $92,683 | — | — |
Freight Technologies r&d spending trends
Between the periods ended 2017-12-31 and 2021-12-31, Freight Technologies's r&d spending decreased from $92,683 to $0, a change of −$92,683.
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.
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.
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