Quick Answer
Paranovus Entertainment Technology Ltd. reported R&D Expense of $1.40 million for fiscal year 2023.
Paranovus Entertainment Technology Ltd. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $1.40M | -17.0% |
| 2022 | $1.68M | +1.4% |
| 2021 | $1.66M | -29.6% |
| 2020 | $2.36M | +9.1% |
| 2019 | $2.16M | +16.4% |
| 2018 | $1.86M | — |
- Paranovus Entertainment Technology Ltd. showed a decrease of -17.0% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2023 period, Paranovus Entertainment Technology Ltd.’s r&d expense has declined by 24.8% (from $1.86 million to $1.40 million).
- The most recent figure is from Paranovus Entertainment Technology Ltd.’s fiscal year 2022 report (Form 20-F), filed with the SEC on July 27, 2023.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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