Quick Answer
REFLECT SCIENTIFIC, INC. reported R&D Expense of $29.5 thousand for fiscal year 2023.
REFLECT SCIENTIFIC, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $29.5K | -59.8% |
| 2022 | $73.4K | +25.9% |
| 2021 | $58.3K | -68.5% |
| 2020 | $185.3K | -11.8% |
| 2019 | $210.0K | +101.8% |
| 2018 | $104.0K | +122.8% |
| 2017 | $46.7K | -34.0% |
| 2016 | $70.8K | -2.8% |
| 2015 | $72.9K | +229.2% |
| 2014 | $22.1K | -40.4% |
| 2013 | $37.2K | +3.4% |
| 2012 | $35.9K | +8.4% |
| 2011 | $33.2K | +335.4% |
| 2010 | $7.6K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2024 | $3.1K | -66.0% | -32.9% |
| June 30, 2024 | $4.6K | -14.4% | -37.6% |
| March 31, 2024 | $7.4K | +21.6% | -18.8% |
| September 30, 2023 | $9.1K | -38.7% | +68.8% |
| June 30, 2023 | $5.4K | -70.6% | -11.3% |
| March 31, 2023 | $6.1K | -76.0% | -59.1% |
| September 30, 2022 | $14.8K | -15.5% | -19.1% |
| June 30, 2022 | $18.3K | -5.8% | -27.6% |
- REFLECT SCIENTIFIC, INC. showed a decrease of -59.8% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2023 period, REFLECT SCIENTIFIC, INC.’s r&d expense has grown by 287.7% (from $7.6 thousand to $29.5 thousand).
- The most recent figure is from REFLECT SCIENTIFIC, INC.’s fiscal year 2023 report (Form 10-K), filed with the SEC on March 29, 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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