Company / R&D Expense
AQUABOUNTY TECHNOLOGIES INC R&D Expense History
FY2017-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$506.2K
FY2023
5-year range
$506.2K / $3.5M
FY2019-FY2023
Trend
-76.4%
vs FY2022
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has declined for 3 consecutive years, from $3M in FY2020 to $506,243 in FY2023.
Based on SEC 10-K filings.
$506,243 in FY2023 with a 5-year CAGR of -31.8%.
Declined from $2M to $506,243 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -47.3%
- 5-Year CAGR
- -31.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- AQUABOUNTY TECHNOLOGIES INC's r&d expense has declined for 3 consecutive years.
- 5-year CAGR of -31.8%, indicating a declining trend.
- In FY2023, r&d expense decreased 76.4% year-over-year.
- Peak r&d expense was recorded in FY2020.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2023 | $506.2K | -76.4% |
| FY2022 | $2.1M | -9.3% |
| FY2021 | $2.4M | -31.6% |
| FY2020 | $3.5M | +2.6% |
| FY2019 | $3.4M | -1.7% |
| FY2018 | $3.4M | +2.7% |
| FY2017 | $3.3M | - |
As of FY2023 · SEC 10-K · Updated Jun 24, 2026