Filing Flows › Hyperion Defi (HYPD) › R&D spending
Hyperion Defi (HYPD) R&D spending by quarter
Hyperion Defi's R&D spending was $189K in Q4 2025 (fourth quarter 2025), -72% from Q1 2025. Over the last 3 quarters it ranged from $189K (Q4 2025) to $2.0M (Q4 2024).
| Quarter | R&D spending | Q/Q | Y/Y |
|---|---|---|---|
| Q4 2025 | $189K | -72% | -90% |
| Q1 2025 | $673K | -66% | — |
| Q4 2024 | $2.0M | — | — |
Q4 2025 at a glance
Hyperion Defi, Q4 2025: revenue $496K (18× year over year), net loss $39.8M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
Questions
What is Hyperion Defi's R&D spending?
Hyperion Defi's R&D spending was $189K in Q4 2025 (fourth quarter 2025), -72% from Q1 2025.
How has Hyperion Defi's R&D spending changed?
Over the last 3 quarters it ranged from $189K (Q4 2025) to $2.0M (Q4 2024).