Research and Development Expense in USD of Scienjoy Holding Corp from 2020 to 2024

Taxonomy & unit
us-gaap: CNY and 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
Scienjoy Holding Corp quarterly/annual Research and Development Expense history and change rate from 2020 to 2024.
  • Scienjoy Holding Corp Research and Development Expense for the quarter ending 30 Jun 2023 was $2.5M, a 8.52% decline year-over-year.
  • Scienjoy Holding Corp annual Research and Development Expense for 2024 was $12.4M, a 17.1% increase from 2023.
  • Scienjoy Holding Corp annual Research and Development Expense for 2023 was $10.6M, a 8.05% increase from 2022.
  • Scienjoy Holding Corp annual Research and Development Expense for 2022 was $9.79M, a 10.9% decline from 2021.
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 (%)

Scienjoy Holding Corp Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2023 $2.5M -$233K -8.52% 01 Apr 2023 30 Jun 2023 6-K 06 Sep 2023
Q1 2023 $2.45M -$205K -7.73% 01 Jan 2023 31 Mar 2023 6-K 26 Jun 2023
Q2 2022 $2.73M 01 Apr 2022 30 Jun 2022 6-K 15 Sep 2022
Q1 2022 $2.65M 01 Jan 2022 31 Mar 2022 6-K 30 Jun 2022

Scienjoy Holding Corp Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $12.4M +$1.81M +17.1% 01 Jan 2024 31 Dec 2024 20-F 22 Apr 2025
2023 $10.6M +$788K +8.05% 01 Jan 2023 31 Dec 2023 20-F 26 Apr 2024
2022 $9.79M -$1.2M -10.9% 01 Jan 2022 31 Dec 2022 6-K 28 Apr 2023
2021 $11M +$6.12M +126% 01 Jan 2021 31 Dec 2021 20-F 16 May 2022
2020 $4.87M 01 Jan 2020 31 Dec 2020 20-F 03 May 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.