Quick Answer
WYTEC INTERNATIONAL INC reported Research And Development Expense of $379.9 thousand for the year ending 2024.
- WYTEC INTERNATIONAL INC showed an increase of +188.4% in Research And Development Expense from 2023 to 2024.
- This data is from WYTEC INTERNATIONAL INC's annual report (Form 10-K), filed with the SEC on March 31, 2025.
- XBRL data for this metric is available from 2016 to 2024 (9 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: $1.3 thousand | Q1 2017: $5.3 thousand | Q2 2017: $0.00 | Q3 2017: $2.5 thousand | Q1 2018: $5.3 thousand | Q2 2018: $16.0 thousand | Q3 2018: $2.3 thousand | Q1 2019: $0.00 | Q2 2019: $4.5 thousand | Q3 2019: $0.00 | Q1 2020: $4.7 thousand | Q2 2020: $0.00 | Q3 2020: $5.9 thousand | Q1 2021: $492.00 | Q2 2021: $20.9 thousand | Q3 2021: $19.6 thousand | Q1 2022: $0.00 | Q2 2022: $0.00 | Q3 2022: $0.00 | Q1 2023: $0.00 | Q2 2023: $0.00 | Q1 2024: $28.4 thousand | Q2 2024: $129.7 thousand | Q3 2024: $150.7 thousand | Q1 2025: $9.8 thousand | Q2 2025: $29.0 thousand | Q3 2025: $0.00.
- Over the full 9 years of available data (2016 to 2024), WYTEC INTERNATIONAL INC's Research And Development Expense has grown by 6,131.6%.
- Historical annual values: Fiscal year 2024: $379.9 thousand | Fiscal year 2023: $131.8 thousand | Fiscal year 2022: $0.00 | Fiscal year 2021: $41.0 thousand | Fiscal year 2020: $21.2 thousand | Fiscal year 2019: $4.5 thousand | Fiscal year 2018: $23.7 thousand | Fiscal year 2017: $10.9 thousand | Fiscal year 2016: $6.1 thousand.
- Data sourced from SEC EDGAR public filings as of August 7, 2026.
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