WYTEC INTERNATIONAL INC Research And Development Expense

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.
  • 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 June 21, 2026.

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