Vystar R&D Spending Growth & History (VYST)

Vystar's r&d spending was $100,000 for fiscal 2023.

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Vystar annual r&d spending history

Vystar annual r&d spending

Fiscal yearPeriod endedR&D spendingChangeGrowth
20232023-12-31$100,000
20182018-12-31$2.4M
20142014-12-31$0−$22,234
20132013-12-31$22,234−$14,735−39.86%
20122012-12-31$36,969−$31,457−45.97%
20112011-12-31$68,426−$2,144−3.04%
20102010-12-31$70,570

Vystar r&d spending trends

Over the last five fiscal years, Vystar's r&d spending decreased from $2.4M to $100,000, a change of −$2.3M. The latest reported quarter, Q1 2019, shows $2.4M.

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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