Company / R&D Expense
Zeo ScientifiX, Inc. R&D Expense History
FY2019-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$164.0K
FY2024
5-year range
$164.0K / $1.1M
FY2020-FY2024
Trend
-82.2%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has fluctuated over the past 6 years, ranging from $54,863 in FY2019 to $1M in FY2021.
Based on SEC 10-K filings.
$164,000 in FY2024 with a 5-year CAGR of +24.5%.
Declined from $791,300 to $164,000 over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -47.3%
- 5-Year CAGR
- +24.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +24.5%, indicating consistent growth.
- In FY2024, r&d expense decreased 82.2% year-over-year.
- Peak r&d expense was recorded in FY2021.
- Lowest r&d expense in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -40.46 (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 | $164.0K | -82.2% |
| FY2023 | $922.7K | +16.6% |
| FY2022 | $791.3K | -29.4% |
| FY2021 | $1.1M | +379.6% |
| FY2020 | $233.5K | +325.7% |
| FY2019 | $54.9K | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
| FY2015 | - | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026