HeartCore Enterprises annual r&d spending
2020
2021
2022
2023
2024
2025
HeartCore Enterprises R&D Spending Growth & History (HTCR)
HeartCore Enterprises's r&d spending was $0 for fiscal 2025.
View full HeartCore Enterprises company overviewHeartCore Enterprises annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $0 | −$179,762 | — |
| 2024 | 2024-12-31 | $179,762 | −$839,379 | −82.36% |
| 2023 | 2023-12-31 | $1.0M | $378,116 | +58.99% |
| 2022 | 2022-12-31 | $641,025 | $130,285 | +25.51% |
| 2021 | 2021-12-31 | $510,740 | $199,691 | +64.20% |
| 2020 | 2020-12-31 | $311,049 | — | — |
HeartCore Enterprises quarterly r&d spending
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | $0 | −$421,653 | — |
| Q3 2025 | 2025-09-30 | $0 | −$63,709 | — |
| Q2 2025 | 2025-06-30 | $161,481 | $50,213 | +45.13% |
| Q1 2025 | 2025-03-31 | $123,893 | $34,759 | +39.00% |
| Q4 2024 | 2024-12-31 | $421,653 | −$308,185 | −42.23% |
| Q3 2024 | 2024-09-30 | $63,709 | −$106,362 | −62.54% |
| Q2 2024 | 2024-06-30 | $111,268 | $71,660 | +180.92% |
| Q1 2024 | 2024-03-31 | $89,134 | $9,510 | +11.94% |
| Q4 2023 | 2023-12-31 | $729,838 | $672,575 | +1174.54% |
| Q3 2023 | 2023-09-30 | $170,071 | $111,796 | +191.84% |
| Q2 2023 | 2023-06-30 | $39,608 | −$377,620 | −90.51% |
| Q1 2023 | 2023-03-31 | $79,624 | −$28,635 | −26.45% |
| Q4 2022 | 2022-12-31 | $57,263 | −$131,620 | −69.68% |
| Q3 2022 | 2022-09-30 | $58,275 | −$131,411 | −69.28% |
| Q2 2022 | 2022-06-30 | $417,228 | $337,203 | +421.37% |
| Q1 2022 | 2022-03-31 | $108,259 | $56,113 | +107.61% |
| Q4 2021 | 2021-12-31 | $188,883 | — | — |
| Q3 2021 | 2021-09-30 | $189,686 | — | — |
| Q2 2021 | 2021-06-30 | $80,025 | — | — |
| Q1 2021 | 2021-03-31 | $52,146 | — | — |
HeartCore Enterprises r&d spending trends
Over the last five fiscal years, HeartCore Enterprises's r&d spending decreased from $311,049 to $0, a change of −$311,049. The latest reported quarter, Q4 2025, shows $0.
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 HeartCore Enterprises source filings ↗