Spectaire Holdings Inc. Quarterly Research and Development Expense in USD from Q1 2023 to Q2 2024

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
Spectaire Holdings Inc. quarterly/annual Research and Development Expense history and growth rate from Q1 2023 to Q2 2024.
  • Spectaire Holdings Inc. Research and Development Expense for the quarter ending June 30, 2024 was $568K, a 12.1% decline year-over-year.
  • Spectaire Holdings Inc. annual Research and Development Expense for 2023 was $3.48M, a 260% increase from 2022.
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Growth (%)
Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q2 2024 $568K -$77.9K -12.1% Apr 1, 2024 Jun 30, 2024 10-Q 2024-08-20
Q1 2024 $945K +$346K +57.7% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-15
Q2 2023 $646K Apr 1, 2023 Jun 30, 2023 10-Q 2024-08-20
Q1 2023 $599K Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-15
* An asterisk sign (*) next to the value indicates that the value is likely invalid.