Research and Development Expense of PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. from 31 Aug 2010 to 31 Aug 2025

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
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. quarterly and annual Research and Development Expense in USD history and change rate from 31 Aug 2010 to 31 Aug 2025.
  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. Research and Development Expense for the quarter ending 31 Aug 2025 was $391,263.
  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. Research and Development Expense for the twelve months ending 31 Aug 2025 was $391,263, a 9415% increase year-over-year.
  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. annual Research and Development Expense for 2024 was $0, a 100% decline from 2023.
  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. annual Research and Development Expense for 2023 was $5,632, a 14% decline from 2022.
  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. annual Research and Development Expense for 2022 was $6,528, a 75% decline from 2021.
Source SEC data
View on sec.gov
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Change (%)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Change (%)

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
Q3 2025 $391,263 $391,263 +$391,263 01 Jun 2025 31 Aug 2025 10-Q/A 24 Oct 2025 2026 Q1
Q2 2025 $0 $0 +$503 01 Mar 2025 31 May 2025 10-K/A 30 Sep 2025 2025 FY
Q1 2025 $503 $0 -$2,436 -100% 01 Dec 2024 28 Feb 2025 10-Q 16 Jun 2025 2025 Q3
Q4 2024 $1,933 $0 -$2,179 -100% 01 Sep 2024 30 Nov 2024 10-Q 13 Jan 2025 2025 Q2
Q3 2024 $4,112 $0 -$1,520 -100% 01 Jun 2024 31 Aug 2024 10-Q/A 24 Oct 2025 2026 Q1
Q2 2024 $5,632 $503 -$1,816 -138% 01 Mar 2024 31 May 2024 10-K/A 30 Sep 2025 2025 FY
Q1 2024 $7,448 $2,436 +$2,065 +557% 01 Dec 2023 29 Feb 2024 10-Q 16 Jun 2025 2025 Q3
Q4 2023 $5,383 $2,179 +$606 +39% 01 Sep 2023 30 Nov 2023 10-Q 13 Jan 2025 2025 Q2
Q3 2023 $4,777 $1,520 -$1,751 -54% 01 Jun 2023 31 Aug 2023 10-Q 22 Nov 2024 2025 Q1
Q2 2023 $6,528 $1,313 -$9,676 -88% 01 Mar 2023 31 May 2023 10-K 10 Oct 2024 2024 FY
Q1 2023 $16,204 $371 -$10,128 -96% 01 Dec 2022 28 Feb 2023 10-Q 17 Apr 2024 2024 Q3
Q4 2022 $26,332 $1,573 -$500 -24% 01 Sep 2022 30 Nov 2022 10-Q 29 Dec 2023 2024 Q2
Q3 2022 $26,832 $3,271 +$1,190 +57% 01 Jun 2022 31 Aug 2022 10-Q 13 Oct 2023 2024 Q1
Q2 2022 $25,642 $10,989 +$8,145 +286% 01 Mar 2022 31 May 2022 10-K 30 Aug 2023 2023 FY
Q1 2022 $17,497 $10,499 +$8,546 +438% 01 Dec 2021 28 Feb 2022 10-Q 19 Apr 2023 2023 Q3
Q4 2021 $8,951 $2,073 +$2 +0.1% 01 Sep 2021 30 Nov 2021 10-Q 17 Jan 2023 2023 Q2
Q3 2021 $8,949 $2,081 +$730 +54% 01 Jun 2021 31 Aug 2021 10-Q 18 Oct 2022 2023 Q1
Q2 2021 $8,219 $2,844 -$292 -9.3% 01 Mar 2021 31 May 2021 10-K 29 Sep 2022 2022 FY
Q1 2021 $8,511 $1,953 -$641 -25% 01 Dec 2020 28 Feb 2021 10-Q 19 Apr 2022 2022 Q3
Q4 2020 $9,152 $2,071 -$240 -10% 01 Sep 2020 30 Nov 2020 10-Q 14 Jan 2022 2022 Q2
Q3 2020 $9,392 $1,351 -$2,222 -62% 01 Jun 2020 31 Aug 2020 10-Q 15 Oct 2021 2021 Q1
Q2 2020 $11,614 $3,136 -$3,034 -49% 01 Mar 2020 31 May 2020 10-K 09 Sep 2021 2021 FY
Q1 2020 $14,648 $2,594 -$4,142 -61% 01 Dec 2019 29 Feb 2020 10-Q 14 Apr 2021 2021 Q3
Q4 2019 $18,790 $2,311 -$4,008 -63% 01 Sep 2019 30 Nov 2019 10-Q 13 Jan 2021 2021 Q2
Q3 2019 $22,798 $3,573 -$4,075 -53% 01 Jun 2019 31 Aug 2019 10-Q 15 Oct 2020 2021 Q1
Q2 2019 $26,873 $6,170 -$2,049 -25% 01 Mar 2019 31 May 2019 10-K 14 Sep 2020 2019 FY
Q1 2019 $28,922 $6,736 -$2,725 -29% 01 Dec 2018 28 Feb 2019 10-Q 03 Jun 2020 2020 Q3
Q4 2018 $31,647 $6,319 -$7,648 -55% 01 Sep 2018 30 Nov 2018 10-Q 14 Jan 2020 2020 Q2
Q3 2018 $39,295 $7,648 +$1,228 +19% 01 Jun 2018 31 Aug 2018 10-Q 30 Sep 2019 2020 Q1
Q2 2018 $38,067 $8,219 -$8,312 -50% 01 Mar 2018 31 May 2018 10-K 27 Aug 2019 2019 FY
Q1 2018 $46,379 $9,461 -$8,719 -48% 01 Dec 2017 28 Feb 2018 10-Q 05 Apr 2019 2019 Q3
Q4 2017 $55,098 $13,967 +$436 +3.2% 01 Sep 2017 30 Nov 2017 10-Q 14 Jan 2019 2019 Q2
Q3 2017 $54,662 $6,420 -$81 -1.2% 01 Jun 2017 31 Aug 2017 10-Q 11 Oct 2018 2019 Q1
Q2 2017 $54,743 $16,531 01 Mar 2017 31 May 2017 10-K 13 Sep 2018 2018 FY
Q1 2017 $18,180 +$12,077 +198% 01 Dec 2016 28 Feb 2017 10-Q 16 Apr 2018 2018 Q3
Q4 2016 $13,531 01 Sep 2016 30 Nov 2016 10-Q 16 Jan 2018 2018 Q2
Q3 2016 $6,501 +$6,501 01 Jun 2016 31 Aug 2016 10-Q 18 Oct 2017 2018 Q1
Q1 2016 $6,103 +$6,103 01 Dec 2015 29 Feb 2016 10-Q 13 Apr 2017 2017 Q3
Q3 2015 $0 01 Jun 2015 31 Aug 2015 10-Q 21 Oct 2016 2017 Q1
Q1 2015 $0 01 Dec 2014 28 Feb 2015 10-Q 19 Apr 2016 2016 Q3
Q4 2013 $1,263 01 Sep 2013 30 Nov 2013 10-Q 20 Jan 2015 2015 Q2
Q3 2013 $21,378 01 Jun 2013 31 Aug 2013 10-Q 10 Oct 2014 2015 Q1
Q2 2012 $240,596 $76,533 -$128,247 -63% 01 Mar 2012 31 May 2012 10-K 01 Apr 2014 2013 FY
Q1 2012 $368,843 $55,157 -$131,344 -70% 01 Dec 2011 29 Feb 2012 10-Q 20 May 2013 2012 Q3
Q4 2011 $500,187 $29,565 -$111,794 -79% 01 Sep 2011 30 Nov 2011 10-Q 31 Mar 2014 2013 Q2
Q3 2011 $611,981 $79,341 -$37,343 -32% 01 Jun 2011 31 Aug 2011 10-Q 31 Mar 2014 2013 Q1
Q2 2011 $649,324 $204,780 01 Mar 2011 31 May 2011 10-K 29 Aug 2013 2012 FY
Q1 2011 $186,501 01 Dec 2010 28 Feb 2011 10-Q 20 May 2013 2012 Q3
Q4 2010 $141,359 01 Sep 2010 30 Nov 2010 10-Q 17 May 2013 2012 Q2
Q3 2010 $116,684 01 Jun 2010 31 Aug 2010 10-Q 17 May 2013 2012 Q1

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed Fiscal Year Fiscal Period
2024 $0 -$5,632 -100% 01 Jun 2024 31 May 2025 10-K/A 30 Sep 2025 2025 FY
2023 $5,632 -$896 -14% 01 Jun 2023 31 May 2024 10-K/A 30 Sep 2025 2025 FY
2022 $6,528 -$19,114 -75% 01 Jun 2022 31 May 2023 10-K 10 Oct 2024 2024 FY
2021 $25,642 +$17,423 +212% 01 Jun 2021 31 May 2022 10-K 30 Aug 2023 2023 FY
2020 $8,219 -$3,395 -29% 01 Jun 2020 31 May 2021 10-K 29 Sep 2022 2022 FY
2019 $11,614 -$15,259 -57% 01 Jun 2019 31 May 2020 10-K 09 Sep 2021 2021 FY
2018 $26,873 -$11,194 -29% 01 Jun 2018 31 May 2019 10-K 14 Sep 2020 2019 FY
2017 $38,067 -$16,676 -30% 01 Jun 2017 31 May 2018 10-K 27 Aug 2019 2019 FY
2016 $54,743 +$23,100 +73% 01 Jun 2016 31 May 2017 10-K 13 Sep 2018 2018 FY
2015 $31,643 01 Jun 2015 31 May 2016 10-K 30 Aug 2017 2017 FY
2013 $39,666 01 Jun 2013 31 May 2014 10-K 01 Sep 2015 2015 FY
2011 $240,596 -$408,728 -63% 01 Jun 2011 31 May 2012 10-K 01 Apr 2014 2013 FY
2010 $649,324 01 Jun 2010 31 May 2011 10-K 29 Aug 2013 2012 FY
* An asterisk sign (*) next to the value indicates that the value is likely invalid.