Company / R&D Expense
CEA Industries Inc. R&D Expense History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$76.5K
FY2024
5-year range
$76.5K / $469.7K
FY2020-FY2024
Trend
-76.1%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $469,703 to $76,487 over the past 2 years.
Based on SEC 10-K filings.
$76,487 in FY2024 with a 5-year CAGR of -24.8%.
Declined from $469,703 to $76,487 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -41.9%
- 5-Year CAGR
- -24.8%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of -24.8%, indicating a declining trend.
- In FY2024, r&d expense decreased 76.1% year-over-year.
- Peak r&d expense was recorded in FY2016.
- Lowest r&d expense in the period was in FY2020.
Company context
Key Data Points
- Altman Z-Score -49.07 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2024 | $76.5K | -76.1% |
| FY2023 | $320.0K | -31.9% |
| FY2022 | $469.7K | +20.4% |
| FY2021 | $390.2K | +1119.5% |
| FY2020 | $32.0K | -89.9% |
| FY2019 | $317.7K | -0.6% |
| FY2018 | $319.7K | -8.4% |
| FY2017 | $349.1K | -50.7% |
| FY2016 | $707.5K | +121.5% |
As of FY2024 · SEC 10-K · Updated Jun 28, 2026