WYTEC INTERNATIONAL INC R&D Expense

Quick Answer

WYTEC INTERNATIONAL INC reported R&D Expense of $379.9 thousand for fiscal year 2024.

WYTEC INTERNATIONAL INC R&D Expense — Annual History

Fiscal Year R&D Expense YoY Change
2024 $379.9K +188.4%
2023 $131.8K
2022 $0.00 -100.0%
2021 $41.0K +93.5%
2020 $21.2K +370.2%
2019 $4.5K -81.0%
2018 $23.7K +118.6%
2017 $10.9K +78.1%
2016 $6.1K

Quarterly R&D Expense

Quarter Ending R&D Expense YoY QoQ
September 30, 2025 $0.00 -100.0% -100.0%
June 30, 2025 $29.0K -77.7% +194.8%
March 31, 2025 $9.8K -65.4% -93.5%
September 30, 2024 $150.7K +16.1%
June 30, 2024 $129.7K +357.3%
March 31, 2024 $28.4K
June 30, 2023 $0.00
March 31, 2023 $0.00
  • WYTEC INTERNATIONAL INC showed an increase of +188.4% in R&D Expense compared to the prior fiscal year.
  • Over the 2016–2024 period, WYTEC INTERNATIONAL INC’s r&d expense has grown by 6131.6% (from $6.1 thousand to $379.9 thousand).
  • The most recent figure is from WYTEC INTERNATIONAL INC’s fiscal year 2024 report (Form 10-K), filed with the SEC on March 31, 2025.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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