Company / R&D Expense
Cleartronic, Inc. R&D Expense History
FY2015-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$8.0K
FY2025
5-year range
$8.0K / $189.0K
FY2021-FY2025
Trend
-95.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 10 years, ranging from $3,907 in FY2015 to $222,256 in FY2018.
Based on SEC 10-K filings.
$8,000 in FY2025 with a 10-year CAGR of +7.4%.
Declined from $27,314 to $8,000 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -44.5%
- 10-Year CAGR
- +7.4%
Key checks
Key Insights
- 5-year CAGR of -44.5%, indicating a declining trend.
- In FY2025, r&d expense decreased 95.8% year-over-year.
- Peak r&d expense was recorded in FY2018.
- Lowest r&d expense in the period was in FY2015.
Company context
Key Data Points
- Altman Z-Score -5.75 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $8.0K | -95.8% |
| FY2024 | $189.0K | +592.0% |
| FY2023 | $27.3K | -83.7% |
| FY2021 | $167.7K | +9.9% |
| FY2020 | $152.6K | -26.5% |
| FY2019 | $207.7K | -6.5% |
| FY2018 | $222.3K | +110.1% |
| FY2017 | $105.8K | +622.7% |
| FY2016 | $14.6K | +274.6% |
| FY2015 | $3.9K | -41.2% |
As of FY2025 · SEC 10-K · Updated Jun 29, 2026