KLRS (KLRS) reported R&D of $7.57M in Q1 2026.

How has KLRS's R&D changed year-over-year?

KLRS's R&D increased by 25.6% year-over-year, from $6.03M to $7.57M.

What is the long-term trend for KLRS's R&D?

Over 2 years (2021 to 2025), KLRS's R&D has grown at a -49.5% compound annual growth rate (CAGR), from $120.74M to $30.75M.

Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

KLRS KLRS R&D

R&D at other companies

Eli LillyLLY

$3.51B+28.4%

Merck & Co.MRK

$12.59B+248%

AmgenAMGN

$1.72B+15.7%

Regeneron PharmaceuticalsREGN

$1.54B+16.3%

EyePoint, Inc. EYPT

$72.15M+23.2%

Ocular TherapeutixOCUL

$66.21M+54.5%

Other financials

Income statement

See full

Operating income-$11.8M-14.3%

Net income-$10.9M-6.5%

EPS (diluted)-$0.46+81.7%

Balance sheet

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Cash & equivalents$34.4M-65.9%

Total debt$1.4M—

Total equity$68.6M+7.3%

Total assets$109.8M+6.5%

Cash flow

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Operating cash flow-$11.6M-55.6%

CapEx$17.0K—

Free cash flow-$7.1M—

Valuation

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Market cap$96.83M+136%

Enterprise value$63.82M—

Returns & leverage

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Return on equity-66.6%—

Debt / equity0×—

Current ratio12.2×-2.1×

Where this comes from

Reported directly by KLRS in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: KLRS’s 10-Q, filed May 12, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is KLRS's R&D?: KLRS (KLRS) reported R&D of $7.57M in Q1 2026.
How has KLRS's R&D changed year-over-year?: KLRS's R&D increased by 25.6% year-over-year, from $6.03M to $7.57M.
What is the long-term trend for KLRS's R&D?: Over 2 years (2021 to 2025), KLRS's R&D has grown at a -49.5% compound annual growth rate (CAGR), from $120.74M to $30.75M.
What does R&D mean?: Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.