Foresight Autonomous Holdings Ltd. Annual Research and Development Expense in USD from 2015 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Summary
Foresight Autonomous Holdings Ltd. quarterly/annual Research and Development Expense history and growth rate from 2015 to 2023.
  • Foresight Autonomous Holdings Ltd. Research and Development Expense for the quarter ending June 30, 2024 was $2.37M, a 24.9% decline year-over-year.
  • Foresight Autonomous Holdings Ltd. annual Research and Development Expense for 2023 was $11.6M, a 0.46% increase from 2022.
  • Foresight Autonomous Holdings Ltd. annual Research and Development Expense for 2022 was $11.5M, a 13.4% increase from 2021.
  • Foresight Autonomous Holdings Ltd. annual Research and Development Expense for 2021 was $10.2M, a 18.8% increase from 2020.
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $11.6M +$53K +0.46% Jan 1, 2023 Dec 31, 2023 20-F 2024-03-27
2022 $11.5M +$1.36M +13.4% Jan 1, 2022 Dec 31, 2022 20-F 2024-03-27
2021 $10.2M +$1.61M +18.8% Jan 1, 2021 Dec 31, 2021 20-F 2024-03-27
2020 $8.56M -$1.65M -16.1% Jan 1, 2020 Dec 31, 2020 20-F 2023-03-30
2019 $10.2M +$1.57M +18.2% Jan 1, 2019 Dec 31, 2019 20-F 2022-03-31
2018 $8.64M +$4.55M +111% Jan 1, 2018 Dec 31, 2018 20-F 2021-03-30
2017 $4.09M +$3.19M +352% Jan 1, 2017 Dec 31, 2017 20-F 2020-03-31
2016 $904K +$773K +590% Jan 1, 2016 Dec 31, 2016 20-F 2019-03-20
2015 $131K Jan 1, 2015 Dec 31, 2015 20-F 2018-03-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.