How did GOVX's R&D costs trend over 2023-2024?

GeoVax Labs (GOVX) consistently increased its Research and Development (R&D) expenses over the course of 2023 and 2024, with a cumulative expenditure of $20.72 million by the end of 2024. This indicates a strong commitment to innovation and product development during this period.

GOVX R&D Expenses, R&D Expenses YoY