Quick Answer
XMax Inc. reported R&D Expense of $3.12 million for fiscal year 2023.
XMax Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $3.12M | +28462.1% |
| 2022 | $10.9K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| March 31, 2024 | $751.2K | +636523.7% | +636523.7% |
| March 31, 2023 | $118.00 | — | — |
- XMax Inc. showed an increase of +28462.1% in R&D Expense compared to the prior fiscal year.
- Over the 2022–2023 period, XMax Inc.’s r&d expense has grown by 28462.1% (from $10.9 thousand to $3.12 million).
- The most recent figure is from XMax Inc.’s fiscal year 2023 report (Form 10-K), filed with the SEC on April 15, 2024.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
Last verified: