Intellinetics R&D Spending Growth & History (INLX)

Intellinetics's r&d spending was $293,092 for fiscal 2020.

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Intellinetics annual r&d spending history

Intellinetics annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20202020-12-31$293,092−$174,272−37.29%
20192019-12-31$467,364$107,575+29.90%
20182018-12-31$359,789−$52,616−12.76%
20172017-12-31$412,405$26,120+6.76%
20162016-12-31$386,285−$111,691−22.43%
20152015-12-31$497,976$90,260+22.14%
20142014-12-31$407,716$121,892+42.65%
20132013-12-31$285,824

Intellinetics r&d spending trends

Over the last five fiscal years, Intellinetics's r&d spending decreased from $497,976 to $293,092, a change of −$204,884. The latest reported quarter, Q3 2021, shows $97,157.

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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