Biddance AI Systems annual r&d spending
2018
2019
2020
2021
2022
2023
Biddance AI Systems R&D Spending Growth & History (HKIT)
Biddance AI Systems's r&d spending was $38,221 for fiscal 2023.
View full Biddance AI Systems company overviewBiddance AI Systems annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | $38,221 | −$3,831 | −9.11% |
| 2022 | 2022-12-31 | $42,052 | −$1,609 | −3.69% |
| 2021 | 2021-12-31 | $43,661 | $7,757 | +21.60% |
| 2020 | 2020-12-31 | $35,904 | $10,582 | +41.79% |
| 2019 | 2019-12-31 | $25,322 | −$1,511 | −5.63% |
| 2018 | 2018-12-31 | $26,833 | — | — |
Biddance AI Systems r&d spending trends
Over the last five fiscal years, Biddance AI Systems's r&d spending increased from $26,833 to $38,221, a change of $11,388.
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.
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