SLSN (SLSN) reported R&D of $1.04M in Q1 2026.

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

SLSN's R&D increased by 2.4% year-over-year, from $1.02M to $1.04M.

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

Over 4 years (2021 to 2025), SLSN's R&D has grown at a 16.3% compound annual growth rate (CAGR), from $2.24M to $4.09M.

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

SLSN SLSN R&D

R&D at other companies

AshlandASH

$14M0.0%

The Beauty Health CompanySKIN

$1.1M+10.4%

Minerals TechnologiesMTX

$6.1M+5.2%

ChemoursCC

$26M-3.7%

PTH

Pelthos Therapeutics Inc.PTHS

$186K-4.1%

Other financials

Income statement

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Revenue$13.0M-11.4%

Gross profit$3.3M-1.3%

Operating income-$504.0K-297%

Net income-$766.0K-1,058%

EPS (diluted)-$0.01—

Balance sheet

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Cash & equivalents$573.0K-68.5%

Total debt$9.7M-3.3%

Total equity$17.0M+11.9%

Total assets$47.8M-16.2%

Cash flow

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Operating cash flow$1.5M+121%

CapEx$528.0K+497%

Free cash flow$989.0K+113%

Valuation

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Market cap$51.91M-85.0%

Enterprise value$61.08M-82.5%

P/E55×—

P/S0.9×-4.5×

Profitability

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Gross margin26.5%-1.5pp

Operating margin1.3%-6.5pp

Net margin1.6%—

FCF margin-20.1%—

Returns & leverage

See full

Return on equity5.9%—

Debt / equity0.6×-0.1×

Current ratio2.1×+1.0×

Where this comes from

Reported directly by SLSN in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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

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Questions, answered.

What is SLSN's R&D?: SLSN (SLSN) reported R&D of $1.04M in Q1 2026.
How has SLSN's R&D changed year-over-year?: SLSN's R&D increased by 2.4% year-over-year, from $1.02M to $1.04M.
What is the long-term trend for SLSN's R&D?: Over 4 years (2021 to 2025), SLSN's R&D has grown at a 16.3% compound annual growth rate (CAGR), from $2.24M to $4.09M.
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.