Research and Development Expense in USD of MICROPAC INDUSTRIES INC from Q3 2010 to Q3 2024

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
MICROPAC INDUSTRIES INC quarterly/annual Research and Development Expense history and change rate from Q3 2010 to Q3 2024.
  • MICROPAC INDUSTRIES INC Research and Development Expense for the quarter ending 24 Aug 2024 was $716K, a 57.7% increase year-over-year.
  • MICROPAC INDUSTRIES INC Research and Development Expense for the twelve months ending 24 Aug 2024 was $2.25M, a 5.7% decline year-over-year.
  • MICROPAC INDUSTRIES INC annual Research and Development Expense for 2023 was $2.22M, a 1.51% increase from 2022.
  • MICROPAC INDUSTRIES INC annual Research and Development Expense for 2022 was $2.19M, a 26% increase from 2021.
  • MICROPAC INDUSTRIES INC annual Research and Development Expense for 2021 was $1.74M, a 21.5% increase from 2020.
Research and Development Expense, Trailing 12 Months (USD)
Research and Development Expense, Quarterly (USD)
Research and Development Expense, YoY Quarterly Change (%)
Research and Development Expense, Annual (USD)
Research and Development Expense, YoY Annual Change (%)

MICROPAC INDUSTRIES INC Quarterly Research and Development Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q3 2024 $2.25M $716K +$262K +57.7% 26 May 2024 24 Aug 2024 10-Q 08 Oct 2024
Q2 2024 $1.99M $549K -$76K -12.2% 01 Mar 2024 25 May 2024 10-Q 09 Jul 2024
Q1 2024 $2.07M $494K -$158K -24.2% 01 Dec 2023 24 Feb 2024 10-Q 10 Apr 2024
Q4 2023 $2.22M $493K -$164K -25% 27 Aug 2023 30 Nov 2023 10-K 07 Feb 2024
Q3 2023 $2.39M $454K -$114K -20.1% 28 May 2023 26 Aug 2023 10-Q 08 Oct 2024
Q2 2023 $2.5M $625K +$123K +24.5% 26 Feb 2023 27 May 2023 10-Q 11 Jul 2023
Q1 2023 $2.38M $652K +$188K +40.5% 01 Dec 2022 25 Feb 2023 10-Q 10 Apr 2024
Q4 2022 $2.19M $657K -$518K -44.1% 28 Aug 2022 30 Nov 2022 10-K 07 Feb 2024
Q3 2022 $2.71M $568K +$58K +11.4% 29 May 2022 27 Aug 2022 10-Q 10 Oct 2023
Q2 2022 $2.65M $502K +$104K +26.1% 27 Feb 2022 28 May 2022 10-Q 11 Jul 2023
Q1 2022 $2.55M $464K +$808K 01 Dec 2021 26 Feb 2022 10-Q 11 Apr 2023
Q4 2021 $1.74M $1.18M +$936K +392% 29 Aug 2021 30 Nov 2021 10-K 10 Feb 2023
Q3 2021 $803K $510K +$204K +66.7% 30 May 2021 28 Aug 2021 10-Q 11 Oct 2022
Q2 2021 $599K $398K -$10K -2.45% 28 Feb 2021 29 May 2021 10-Q 12 Jul 2022
Q1 2021 $609K -$344K -$822K -172% 01 Dec 2020 27 Feb 2021 10-Q 12 Apr 2022
Q4 2020 $1.43M $239K +$3.21M 30 Aug 2020 30 Nov 2020 10-K 09 Feb 2022
Q3 2020 -$1.77M $306K -$122K -28.5% 31 May 2020 29 Aug 2020 10-Q 13 Oct 2020
Q2 2020 -$1.65M $408K -$33K -7.48% 01 Mar 2020 30 May 2020 10-Q 13 Jul 2021
Q1 2020 -$1.62M $478K +$88K +22.6% 30 Nov 2019 29 Feb 2020 10-Q 14 Apr 2020
Q4 2019 -$1.71M -$2.97M -$731K -32.7% 25 Aug 2019 30 Nov 2019 10-K/A 23 Feb 2021
Q3 2019 -$976K $428K +$114K +36.3% 26 May 2019 24 Aug 2019 10-Q 13 Oct 2020
Q2 2019 -$1.09M $441K +$88K +24.9% 24 Feb 2019 25 May 2019 10-Q 14 Jul 2020
Q1 2019 -$1.18M $390K +$93K +31.3% 30 Nov 2018 23 Feb 2019 10-Q 14 Apr 2020
Q4 2018 -$1.27M -$2.24M -$106K -4.98% 26 Aug 2018 30 Nov 2018 10-K 12 Feb 2020
Q3 2018 -$1.17M $314K -$99K -24% 27 May 2018 25 Aug 2018 10-Q 08 Oct 2019
Q2 2018 -$1.07M $353K -$99K -21.9% 25 Feb 2018 26 May 2018 10-Q 09 Jul 2019
Q1 2018 -$967K $297K +$737K 01 Dec 2017 24 Feb 2018 10-Q 10 Apr 2019
Q4 2017 -$1.7M -$2.13M -$4.19M -203% 27 Aug 2017 30 Nov 2017 10-K 05 Feb 2019
Q3 2017 $2.48M $413K +$772K 27 May 2017 26 Aug 2017 10-Q 09 Oct 2018
Q2 2017 $1.71M $452K +$693K 26 Feb 2017 27 May 2017 10-Q 10 Jul 2018
Q1 2017 $1.02M -$440K -$133K -43.3% 26 Nov 2016 25 Feb 2017 10-Q 11 Apr 2017
Q4 2016 $1.15M $2.06M +$2.43M 28 Aug 2016 30 Nov 2016 10-K 08 Feb 2018
Q3 2016 -$1.28M -$359K -$8K -2.28% 28 May 2016 27 Aug 2016 10-Q 11 Oct 2016
Q2 2016 -$1.27M -$241K +$175K +42.1% 29 Feb 2016 28 May 2016 10-Q 11 Jul 2017
Q1 2016 -$1.45M -$307K +$261K +46% 28 Nov 2015 27 Feb 2016 10-Q 11 Apr 2017
Q4 2015 -$1.71M -$372K +$116K +23.8% 30 Aug 2015 30 Nov 2015 10-K/A 13 Feb 2017
Q3 2015 -$1.82M -$351K +$164K +31.8% 30 May 2015 29 Aug 2015 10-Q 11 Oct 2016
Q2 2015 -$1.99M -$416K +$27K +6.1% 01 Mar 2015 30 May 2015 10-Q 14 Jul 2015
Q1 2015 -$2.01M -$568K -$158K -38.5% 01 Dec 2014 28 Feb 2015 10-Q 12 Apr 2016
Q4 2014 -$1.86M -$488K +$242K +33.1% 31 Aug 2014 30 Nov 2014 10-K 16 Feb 2016
Q3 2014 -$2.1M -$515K -$135K -35.5% 01 Jun 2014 30 Aug 2014 10-Q 13 Oct 2015
Q2 2014 -$1.96M -$443K -$9K -2.07% 01 Mar 2014 31 May 2014 10-Q 14 Jul 2015
Q1 2014 -$1.95M -$410K -$410K 01 Dec 2013 01 Mar 2014 10-Q 15 Apr 2014
Q4 2013 -$1.54M -$730K 01 Sep 2013 30 Nov 2013 10-K 17 Feb 2015
Q3 2013 -$380K -$380K 01 Jun 2013 31 Aug 2013 10-Q 14 Oct 2014
Q2 2013 -$434K -$434K 02 Mar 2013 01 Jun 2013 10-Q 15 Jul 2014
Q1 2013 -$339* -$217 03 Dec 2012 02 Mar 2013 10-Q 15 Apr 2014
Q3 2012 -$168* -$79 26 May 2012 25 Aug 2012 10-Q 15 Oct 2013
Q2 2012 -$81* +$165 27 Feb 2012 26 May 2012 10-Q 16 Jul 2013
Q1 2012 -$122* +$27.00 26 Nov 2011 25 Feb 2012 10-Q 16 Apr 2013
Q3 2011 -$89* +$4.00 28 May 2011 27 Aug 2011 10-Q 09 Oct 2012
Q2 2011 -$246* 27 Feb 2011 28 May 2011 10-Q/A 16 Jul 2012
Q1 2011 -$149* 01 Dec 2010 26 Feb 2011 10-Q 10 Apr 2012
Q3 2010 -$93* 28 May 2010 28 Aug 2010 10-Q 11 Oct 2011

MICROPAC INDUSTRIES INC Annual Research and Development Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $2.22M +$33K +1.51% 01 Dec 2022 30 Nov 2023 10-K 07 Feb 2024
2022 $2.19M +$452K +26% 01 Dec 2021 30 Nov 2022 10-K 07 Feb 2024
2021 $1.74M +$308K +21.5% 01 Dec 2020 30 Nov 2021 10-K 10 Feb 2023
2020 $1.43M +$3.14M 01 Dec 2019 30 Nov 2020 10-K 09 Feb 2022
2019 -$1.71M -$436K -34.3% 01 Dec 2018 30 Nov 2019 10-K/A 23 Feb 2021
2018 -$1.27M +$433K +25.4% 01 Dec 2017 30 Nov 2018 10-K 12 Feb 2020
2017 -$1.7M -$2.86M -248% 01 Dec 2016 30 Nov 2017 10-K 05 Feb 2019
2016 $1.15M +$2.86M 01 Dec 2015 30 Nov 2016 10-K 08 Feb 2018
2015 -$1.71M +$149K +8.03% 01 Dec 2014 30 Nov 2015 10-K/A 13 Feb 2017
2014 -$1.86M -$312K -20.2% 01 Dec 2013 30 Nov 2014 10-K 16 Feb 2016
2013 -$1.54M -$1.54M 01 Dec 2012 30 Nov 2013 10-K 17 Feb 2015
2012 $574* -$36 01 Dec 2011 30 Nov 2012 10-K 13 Feb 2014
2011 $610* -$454K 01 Dec 2010 30 Nov 2011 10-K 14 Feb 2013
2010 $455K 01 Dec 2009 30 Nov 2010 10-K 14 Feb 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.