Quick Answer
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. reported R&D Expense of $5.6 thousand for fiscal year 2024.
PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $5.6K | -13.7% |
| 2023 | $6.5K | -74.5% |
| 2022 | $25.6K | +212.0% |
| 2021 | $8.2K | -29.2% |
| 2020 | $11.6K | -56.8% |
| 2019 | $26.9K | -29.4% |
| 2018 | $38.1K | -30.5% |
| 2017 | $54.7K | +73.0% |
| 2016 | $31.6K | -20.2% |
| 2014 | $39.7K | -83.5% |
| 2012 | $240.6K | -62.9% |
| 2011 | $649.3K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| August 31, 2025 | $391.3K | — | — |
| February 28, 2025 | $0.00 | -100.0% | — |
| November 30, 2024 | $0.00 | -100.0% | — |
| August 31, 2024 | $0.00 | -100.0% | -100.0% |
| February 29, 2024 | $2.4K | +556.6% | +11.8% |
| November 30, 2023 | $2.2K | +38.5% | +43.4% |
| August 31, 2023 | $1.5K | -53.5% | +309.7% |
| February 28, 2023 | $371.00 | -96.5% | -76.4% |
- PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. showed a decrease of -13.7% in R&D Expense compared to the prior fiscal year.
- Over the 2011–2024 period, PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.’s r&d expense has declined by 99.1% (from $649.3 thousand to $5.6 thousand).
- The most recent figure is from PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.’s fiscal year 2024 report (Form 10-K), filed with the SEC on October 10, 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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