Company / R&D Expense
CYANOTECH CORP R&D Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$449.0K
FY2024
5-year range
$449.0K / $770.0K
FY2020-FY2024
Trend
-34.8%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 9 years, ranging from $449,000 in FY2024 to $923,000 in FY2018.
Based on SEC 10-K filings.
$449,000 in FY2024 with a 3-year CAGR of -14.2%.
Declined from $770,000 to $449,000 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -14.2%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -14.2%, indicating a declining trend.
- In FY2024, r&d expense decreased 34.8% year-over-year.
- Peak r&d expense was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score -0.68 (distress zone, below 1.23 threshold)
- Piotroski F-Score: 1/9 criteria passed
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $449.0K | -34.8% |
| FY2023 | $689.0K | -10.5% |
| FY2022 | $770.0K | +8.1% |
| FY2021 | $712.0K | +11.4% |
| FY2020 | $639.0K | -30.8% |
| FY2018 | $923.0K | +63.9% |
| FY2017 | $563.0K | -5.1% |
| FY2016 | $593.0K | +14.7% |
| FY2015 | $517.0K | +0.0% |