LIFECORE BIOMEDICAL, INC. \DE\ Annual Research and Development Expense in USD from 2009 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Lifecore Biomedical, Inc. \De\ quarterly/annual Research and Development Expense history and growth rate from 2009 to 2023.
  • Lifecore Biomedical, Inc. \De\ Research and Development Expense for the quarter ending August 25, 2024 was $2.19M, a 1.86% increase year-over-year.
  • Lifecore Biomedical, Inc. \De\ Research and Development Expense for the twelve months ending August 25, 2024 was $8.62M, a 0.65% decline year-over-year.
  • Lifecore Biomedical, Inc. \De\ annual Research and Development Expense for 2023 was $8.58M, a 1.84% decline from 2022.
  • Lifecore Biomedical, Inc. \De\ annual Research and Development Expense for 2022 was $8.74M, a 11.4% increase from 2021.
  • Lifecore Biomedical, Inc. \De\ annual Research and Development Expense for 2021 was $7.84M, a 17.3% increase from 2020.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $8.58M -$161K -1.84% May 29, 2023 May 26, 2024 10-K 2024-08-26
2022 $8.74M +$897K +11.4% May 30, 2022 May 28, 2023 10-K 2024-08-26
2021 $7.84M +$1.16M +17.3% May 31, 2021 May 29, 2022 10-K 2024-08-26
2020 $6.68M -$898K -11.8% Jun 1, 2020 May 30, 2021 10-K 2024-03-20
2019 $7.58M -$3.88M -33.9% May 27, 2019 May 31, 2020 10-K/A 2023-03-16
2018 $11.5M -$1.33M -10.4% May 28, 2018 May 26, 2019 10-K 2021-07-29
2017 $12.8M +$3.33M +35.1% May 29, 2017 May 27, 2018 10-K 2020-08-14
2016 $9.47M +$2.25M +31.1% May 30, 2016 May 28, 2017 10-K 2019-08-01
2015 $7.23M +$240K +3.43% Jun 1, 2015 May 29, 2016 10-K 2018-08-09
2014 $6.99M -$216K -3% May 26, 2014 May 31, 2015 10-K/A 2018-03-15
2013 $7.2M -$2.09M -22.5% May 27, 2013 May 25, 2014 10-K 2016-08-01
2012 $9.29M -$331K -3.44% May 28, 2012 May 26, 2013 10-K 2015-07-31
2011 $9.63M +$350K +3.77% May 30, 2011 May 27, 2012 10-K 2014-08-01
2010 $9.28M +$4.91M +113% May 31, 2010 May 29, 2011 10-K 2013-08-07
2009 $4.36M Jun 1, 2009 May 30, 2010 10-K 2012-08-08
* An asterisk sign (*) next to the value indicates that the value is likely invalid.