XMax annual r&d spending
2011
2012
2013
2014
2015
2020
2021
2022
2023
2024
2025
XMax R&D Spending Growth & History (XMAX)
XMax's r&d spending was $0 for fiscal 2025.
View full XMax company overviewXMax annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $0 | −$2.0M | — |
| 2024 | 2024-12-31 | $2.0M | −$1.1M | −35.93% |
| 2023 | 2023-12-31 | $3.1M | $3.1M | +28462.11% |
| 2022 | 2022-12-31 | $10,917 | −$99,370 | −90.10% |
| 2021 | 2021-12-31 | $110,287 | $76,541 | +226.82% |
| 2020 | 2020-12-31 | $33,746 | — | — |
| 2015 | 2015-12-31 | $1.1M | −$176,199 | −14.11% |
| 2014 | 2014-12-31 | $1.2M | $822,022 | +192.66% |
| 2013 | 2013-12-31 | $426,662 | −$71,197 | −14.30% |
| 2012 | 2012-12-31 | $497,859 | $333,139 | +202.25% |
| 2011 | 2011-12-31 | $164,720 | — | — |
XMax quarterly r&d spending
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Q3.11
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Q3.15
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Q3.16
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Q2.17
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Q3.18
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Q3.19
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
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Q1.23
Q2.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $0 | −$520 | — |
| Q1 2026 | 2026-03-31 | $0 | −$390 | — |
| Q4 2025 | 2025-12-31 | −$1,182 | −$35,827 | — |
| Q3 2025 | 2025-09-30 | $272 | −$1.2M | −99.98% |
| Q2 2025 | 2025-06-30 | $520 | $520 | — |
| Q1 2025 | 2025-03-31 | $390 | −$750,826 | −99.95% |
| Q4 2024 | 2024-12-31 | $34,645 | — | — |
| Q3 2024 | 2024-09-30 | $1.2M | — | — |
| Q2 2024 | 2024-06-30 | $0 | −$10,026 | — |
| Q1 2024 | 2024-03-31 | $751,216 | $751,098 | +636523.73% |
| Q2 2023 | 2023-06-30 | $10,026 | $9,021 | +897.61% |
| Q1 2023 | 2023-03-31 | $118 | −$8,545 | −98.64% |
| Q4 2022 | 2022-12-31 | $589 | $553 | +1536.11% |
| Q3 2022 | 2022-09-30 | $660 | −$104,800 | −99.37% |
| Q2 2022 | 2022-06-30 | $1,005 | −$522 | −34.18% |
| Q1 2022 | 2022-03-31 | $8,663 | $5,399 | +165.41% |
| Q4 2021 | 2021-12-31 | $36 | — | — |
| Q3 2021 | 2021-09-30 | $105,460 | $105,002 | +22926.20% |
| Q2 2021 | 2021-06-30 | $1,527 | — | — |
| Q1 2021 | 2021-03-31 | $3,264 | — | — |
| Q3 2020 | 2020-09-30 | $458 | −$29,394 | −98.47% |
| Q3 2019 | 2019-09-30 | $29,852 | $21,867 | +273.85% |
| Q2 2019 | 2019-06-30 | $38,751 | $25,535 | +193.21% |
| Q1 2019 | 2019-03-31 | $16,521 | −$49,068 | −74.81% |
| Q3 2018 | 2018-09-30 | $7,985 | $7,985 | — |
| Q2 2018 | 2018-06-30 | $13,216 | −$309.1M | −100.00% |
| Q1 2018 | 2018-03-31 | $65,589 | $65,589 | — |
| Q3 2017 | 2017-09-30 | $0 | −$35,174 | — |
| Q2 2017 | 2017-06-30 | $309.1M | $309.1M | +953368.64% |
| Q1 2017 | 2017-03-31 | $0 | −$208,324 | — |
| Q3 2016 | 2016-09-30 | $35,174 | −$284,758 | −89.01% |
| Q2 2016 | 2016-06-30 | $32,419 | −$270,495 | −89.30% |
| Q1 2016 | 2016-03-31 | $208,324 | $35,465 | +20.52% |
| Q4 2015 | 2015-12-31 | $276,780 | −$68,106 | −19.75% |
| Q3 2015 | 2015-09-30 | $319,932 | −$18,992 | −5.60% |
| Q2 2015 | 2015-06-30 | $302,914 | −$23,615 | −7.23% |
| Q1 2015 | 2015-03-31 | $172,859 | −$65,486 | −27.48% |
| Q4 2014 | 2014-12-31 | $344,886 | $220,061 | +176.30% |
| Q3 2014 | 2014-09-30 | $338,924 | $226,214 | +200.70% |
| Q2 2014 | 2014-06-30 | $326,529 | $224,154 | +218.95% |
| Q1 2014 | 2014-03-31 | $238,345 | $151,593 | +174.74% |
| Q4 2013 | 2013-12-31 | $124,825 | −$64,793 | −34.17% |
| Q3 2013 | 2013-09-30 | $112,710 | −$2,436 | −2.12% |
| Q2 2013 | 2013-06-30 | $102,375 | −$33,812 | −24.83% |
| Q1 2013 | 2013-03-31 | $86,752 | $29,844 | +52.44% |
| Q4 2012 | 2012-12-31 | $189,618 | — | — |
| Q3 2012 | 2012-09-30 | $115,146 | $73,478 | +176.34% |
| Q2 2012 | 2012-06-30 | $136,187 | $101,249 | +289.80% |
| Q1 2012 | 2012-03-31 | $56,908 | — | — |
| Q3 2011 | 2011-09-30 | $41,668 | — | — |
| Q2 2011 | 2011-06-30 | $34,938 | — | — |
XMax r&d spending trends
Over the last five fiscal years, XMax's r&d spending decreased from $33,746 to $0, a change of −$33,746. The latest reported quarter, Q2 2026, 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 XMax source filings ↗