Quick Answer
Taoping Inc. reported R&D Expense of $2.42 million for fiscal year 2024.
Taoping Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $2.42M | -18.3% |
| 2023 | $2.97M | -17.7% |
| 2022 | $3.61M | -19.5% |
| 2021 | $4.48M | +15.2% |
| 2020 | $3.89M | +8.2% |
| 2019 | $3.59M | -24.5% |
| 2018 | $4.76M | +18.0% |
| 2017 | $4.03M | +32.4% |
| 2016 | $3.04M | -11.7% |
| 2015 | $3.45M | +133.3% |
| 2014 | $1.48M | -32.5% |
| 2013 | $2.19M | -55.8% |
| 2012 | $4.95M | +10.4% |
| 2011 | $4.48M | +48.6% |
| 2010 | $3.02M | — |
- Taoping Inc. showed a decrease of -18.3% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2024 period, Taoping Inc.’s r&d expense has declined by 19.6% (from $3.02 million to $2.42 million).
- The most recent figure is from Taoping Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 29, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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