Quick Answer
UNIVERSAL SAFETY PRODUCTS, INC. reported R&D Expense of $402.7 thousand for fiscal year 2023.
UNIVERSAL SAFETY PRODUCTS, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $402.7K | -8.1% |
| 2022 | $438.2K | -7.1% |
| 2021 | $471.5K | -31.8% |
| 2020 | $691.9K | +37.6% |
| 2019 | $502.8K | -23.1% |
| 2018 | $653.9K | -4.2% |
| 2017 | $682.5K | +2.6% |
| 2016 | $665.3K | -14.4% |
| 2015 | $776.8K | +31.1% |
| 2014 | $592.5K | +9.1% |
| 2013 | $543.1K | -4.9% |
| 2012 | $571.0K | -7.3% |
| 2011 | $615.6K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2022 | $101.7K | +4.4% | -1.5% |
| September 30, 2022 | $103.2K | +6.4% | +15.7% |
| June 30, 2022 | $89.3K | -11.7% | -8.3% |
| December 31, 2021 | $97.4K | -8.7% | +0.3% |
| September 30, 2021 | $97.1K | +5.8% | -3.9% |
| June 30, 2021 | $101.1K | -24.5% | -5.2% |
| December 31, 2020 | $106.6K | -37.2% | +16.2% |
| September 30, 2020 | $91.8K | -48.1% | -31.5% |
- UNIVERSAL SAFETY PRODUCTS, INC. showed a decrease of -8.1% in R&D Expense compared to the prior fiscal year.
- Over the 2011–2023 period, UNIVERSAL SAFETY PRODUCTS, INC.’s r&d expense has declined by 34.6% (from $615.6 thousand to $402.7 thousand).
- The most recent figure is from UNIVERSAL SAFETY PRODUCTS, INC.’s fiscal year 2022 report (Form 10-K), filed with the SEC on July 14, 2023.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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