Quick Answer
TERAWULF INC. reported R&D Expense of $671.5 thousand for fiscal year 2020.
TERAWULF INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2020 | $671.5K | -22.8% |
| 2019 | $870.3K | +28.5% |
| 2018 | $677.2K | -1.7% |
| 2017 | $688.7K | +6.4% |
| 2016 | $647.1K | -2.0% |
| 2015 | $660.4K | -0.7% |
| 2014 | $665.0K | +2.4% |
| 2013 | $649.3K | +3.1% |
| 2012 | $629.8K | +22.9% |
| 2011 | $512.3K | -26.4% |
| 2010 | $695.6K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2021 | $134.6K | -1.4% | +4.4% |
| June 30, 2021 | $128.9K | -35.9% | -4.5% |
| March 31, 2021 | $134.9K | -26.5% | -1.2% |
| September 30, 2020 | $136.5K | -37.5% | -32.2% |
| June 30, 2020 | $201.2K | -25.6% | +9.6% |
| March 31, 2020 | $183.6K | +2.6% | -16.0% |
| September 30, 2019 | $218.5K | +21.4% | -19.2% |
| June 30, 2019 | $270.5K | +72.9% | +51.2% |
- TERAWULF INC. showed a decrease of -22.8% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2020 period, TERAWULF INC.’s r&d expense has declined by 3.5% (from $695.6 thousand to $671.5 thousand).
- The most recent figure is from TERAWULF INC.’s fiscal year 2020 report (Form 10-K), filed with the SEC on March 3, 2021.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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