Quick Answer
NU RIDE INC. reported R&D Expense of $33.34 million for fiscal year 2023.
NU RIDE INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $33.34M | -69.1% |
| 2022 | $107.82M | -62.0% |
| 2021 | $284.02M | +300.2% |
| 2020 | $70.97M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2023 | $5.72M | -71.2% | -53.5% |
| June 30, 2023 | $12.30M | +17.1% | -14.7% |
| March 31, 2023 | $14.43M | -76.7% | -27.3% |
| September 30, 2022 | $19.84M | -65.1% | +88.8% |
| June 30, 2022 | $10.51M | -86.3% | -83.0% |
| March 31, 2022 | $61.86M | -32.6% | +8.7% |
| September 30, 2021 | $56.89M | +89.8% | -25.7% |
| June 30, 2021 | $76.54M | +1499.3% | -16.6% |
- NU RIDE INC. showed a decrease of -69.1% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2023 period, NU RIDE INC.’s r&d expense has declined by 53.0% (from $70.97 million to $33.34 million).
- The most recent figure is from NU RIDE INC.’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 28, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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