How did TDAC's expenses trend in 2023 vs 2024?
5/9/2025 02:22pm
Translational Data Analytics Corporation (TDAC) maintained relatively stable Research and Development (R&D) expenses from 2023 to 2024, with a slight increase in the fourth quarter of 2024. Here's a summary of the trend:
1. **Stability in R&D Expenses**: TDAC's R&D expenses were not significantly different between 2023 and 2024, indicating a consistent investment in research and development activities.
2. **Slight Increase in Q4 2024**: There was a marginal increase in R&D expenses in the fourth quarter of 2024 compared to the same period in 2023. This suggests that TDAC may have accelerated its R&D activities or incurred additional costs in that period.