Company / R&D Expense
LIQTECH INTERNATIONAL INC R&D Expense History
FY2011-FY2017 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$626.1K
FY2017
5-year range
$336.1K / $742.0K
FY2013-FY2017
Trend
-11.5%
vs FY2016
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 7 years, ranging from $336,066 in FY2015 to $742,009 in FY2013.
Based on SEC 10-K filings.
$626,147 in FY2017 with a 5-year CAGR of +4.5%.
Improved from $336,066 to $626,147 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +7.8%
- 5-Year CAGR
- +4.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +4.5%, indicating consistent growth.
- In FY2017, r&d expense decreased 11.5% year-over-year.
- Peak r&d expense was recorded in FY2013.
- Lowest r&d expense in the period was in FY2015.
Company context
Key Data Points
- Altman Z-Score -1.41 (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 |
|---|---|---|
| FY2017 | $626.1K | -11.5% |
| FY2016 | $707.8K | +110.6% |
| FY2015 | $336.1K | -32.8% |
| FY2014 | $500.0K | -32.6% |
| FY2013 | $742.0K | +47.7% |
| FY2012 | $502.4K | +19.2% |
| FY2011 | $421.5K | - |
As of FY2017 · SEC 10-K · Updated Jun 24, 2026