WEWARDS, INC. Research And Development Expense

Quick Answer

WEWARDS, INC. reported Research And Development Expense of $1.62 million for the year ending 2022.

  • WEWARDS, INC. showed an increase of +92.6% in Research And Development Expense from 2021 to 2022.
  • This data is from WEWARDS, INC.'s annual report (Form 10-K), filed with the SEC on August 29, 2023.
  • XBRL data for this metric is available from 2017 to 2022 (5 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 2016: $621.7 thousand | Q4 2016: $1.54 million | Q1 2017: $1.94 million | Q3 2017: $1.03 million | Q4 2017: $1.01 million | Q1 2018: $393.3 thousand | Q4 2018: $15.2 thousand | Q1 2021: $337.0 thousand | Q3 2021: $505.5 thousand | Q4 2021: $505.5 thousand | Q1 2022: $611.5 thousand.
  • Over the full 5 years of available data (2017 to 2022), WEWARDS, INC.'s Research And Development Expense has declined by 65.5%.
  • Historical annual values: Fiscal year 2022: $1.62 million | Fiscal year 2021: $842.5 thousand | Fiscal year 2019: $447.4 thousand | Fiscal year 2018: $2.12 million | Fiscal year 2017: $4.71 million.
  • Data sourced from SEC EDGAR public filings as of August 6, 2026.

Last verified: