PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. Research And Development Expense

Quick Answer

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. reported Research And Development Expense of $5.6 thousand for the year ending 2024.

  • PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. showed a decrease of -13.7% in Research And Development Expense from 2023 to 2024.
  • This data is from PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.'s annual report (Form 10-K), filed with the SEC on October 10, 2024.
  • XBRL data for this metric is available from 2011 to 2024 (12 years of filings). Earlier data may not exist in machine-readable XBRL format as companies adopted electronic filing at different times.
  • Quarterly values from 10-Q filings: Q3 2010: $116.7 thousand | Q4 2010: $141.4 thousand | Q1 2011: $186.5 thousand | Q3 2011: $79.3 thousand | Q4 2011: $29.6 thousand | Q1 2012: $55.2 thousand | Q3 2013: $21.4 thousand | Q4 2013: $1.3 thousand | Q1 2015: $0.00 | Q3 2015: $0.00 | Q1 2016: $6.1 thousand | Q3 2016: $6.5 thousand | Q4 2016: $13.5 thousand | Q1 2017: $18.2 thousand | Q3 2017: $6.4 thousand | Q4 2017: $14.0 thousand | Q1 2018: $9.5 thousand | Q3 2018: $7.6 thousand | Q4 2018: $6.3 thousand | Q1 2019: $6.7 thousand | Q3 2019: $3.6 thousand | Q4 2019: $2.3 thousand | Q1 2020: $2.6 thousand | Q3 2020: $1.4 thousand | Q4 2020: $2.1 thousand | Q1 2021: $2.0 thousand | Q3 2021: $2.1 thousand | Q4 2021: $2.1 thousand | Q1 2022: $10.5 thousand | Q3 2022: $3.3 thousand | Q4 2022: $1.6 thousand | Q1 2023: $371.00 | Q3 2023: $1.5 thousand | Q4 2023: $2.2 thousand | Q1 2024: $2.4 thousand | Q3 2024: $0.00 | Q4 2024: $0.00 | Q1 2025: $0.00 | Q3 2025: $391.3 thousand.
  • Over the full 12 years of available data (2011 to 2024), PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.'s Research And Development Expense has declined by 99.1%.
  • Historical annual values: Fiscal year 2024: $5.6 thousand | Fiscal year 2023: $6.5 thousand | Fiscal year 2022: $25.6 thousand | Fiscal year 2021: $8.2 thousand | Fiscal year 2020: $11.6 thousand | Fiscal year 2019: $26.9 thousand | Fiscal year 2018: $38.1 thousand | Fiscal year 2017: $54.7 thousand | Fiscal year 2016: $31.6 thousand | Fiscal year 2014: $39.7 thousand | Fiscal year 2012: $240.6 thousand | Fiscal year 2011: $649.3 thousand.
  • Data sourced from SEC EDGAR public filings as of August 6, 2026.

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