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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Foxx Development Holdings Inc. quarterly/annual Research and Development Expense history and growth rate for Q3 2024.
- Foxx Development Holdings Inc. Research and Development Expense for the quarter ending September 30, 2024 was $22.8K.
- Foxx Development Holdings Inc. annual Research and Development Expense for 2024 was $91.2K, a 66.5% decline from 2023.