Company / R&D Expense
CYPHERPUNK TECHNOLOGIES INC. R&D Expense History
FY2020-FY2022 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$32.2M
FY2022
5-year range
$20.4M / $32.2M
FY2020-FY2022
Trend
+57.5%
vs FY2021
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Improved from $24M to $32M over the past 2 years.
Based on SEC 10-K filings.
$32M in FY2022.
Improved from $24M to $32M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2022, r&d expense increased 57.5% year-over-year.
Company context
Key Data Points
- Altman Z-Score -2.44 (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 |
|---|---|---|
| FY2022 | $32.2M | +57.5% |
| FY2021 | $20.4M | -16.2% |
| FY2020 | $24.4M | - |
As of FY2022 · SEC 10-K · Updated Jun 24, 2026