Company / R&D Expense
Nexentis Technologies Inc. R&D Expense History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.9M
FY2024
5-year range
$417.0K / $1.9M
FY2020-FY2024
Trend
+151.4%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 3 consecutive years, from $417,000 in FY2021 to $2M in FY2024.
Based on SEC 10-K filings.
$2M in FY2024 with a 5-year CAGR of +40.3%.
Improved from $538,684 to $2M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +66.9%
- 5-Year CAGR
- +40.3%
- 10-Year CAGR
- -
Key checks
Key Insights
- Nexentis Technologies Inc.'s r&d expense has grown for 3 consecutive years.
- 5-year CAGR of +40.3%, indicating consistent growth.
- In FY2024, r&d expense increased 151.4% year-over-year.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score -1.14 (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 |
|---|---|---|
| FY2024 | $1.9M | +151.4% |
| FY2023 | $770.8K | +43.1% |
| FY2022 | $538.7K | +29.2% |
| FY2021 | $417.0K | -32.3% |
| FY2020 | $615.6K | +72.4% |
| FY2019 | $357.1K | - |
As of FY2024 · SEC 10-K · Updated Jun 28, 2026