$1.54
+3.4%Research Frontiers Incorporated develops and markets technology and devices to control the flow of light worldwide. The company develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs. Its SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. The company serves architectural, automotive, marine, and aerospace and appliance applications. Research Frontiers Incorporated was incorporated in 1965 and is headquartered in Woodbury, New York.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
REFR โข NASDAQ
| Research Frontiers Incorporated Income Statement | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 | Dec 2005 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
1.3M | 909.6K | 539.7K | 1.3M | 828.5K | 1.6M | 1.5M | 1.5M | 1.2M | 2M | 1.6M | 2.2M | 2M | 846K | 767.5K | 709.8K | 1.7M | 402.4K | 162.6K | 138.7K | |
GROSS PROFIT | ||||||||||||||||||||
(263.6K) | (2.4M) | (0.0) | (0.0) | (2.8M) | (3.2M) | (2.4M) | (3.1M) | (4.1M) | (4.7M) | (4.4M) | (5.8M) | (4M) | (3.6M) | (3.3M) | (3.2M) | (3M) | (5.8M) | (2.4M) | (2.6M) | |
1.1M | -1.5M | 539.7K | 1.3M | -1.9M | -1.6M | -929.6K | -1.6M | -2.9M | -2.7M | -2.8M | -3.7M | -2M | -2.8M | -2.5M | -2.5M | -1.3M | -5.4M | -2.2M | -2.5M | |
OPERATING INCOME | ||||||||||||||||||||
(2.5M) | (583.3K) | (3.2M) | (3.1M) | (628.3K) | (4.7M) | (3.9M) | (3.9M) | (5.5M) | (6.3M) | (6M) | (8M) | (5.7M) | (1.4M) | (1.4M) | (1.5M) | (1.5M) | (2.5M) | (1.2M) | (1.4M) | |
(400.1K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(570K) | (583.3K) | (609.1K) | (580K) | (628.3K) | (1M) | (863.4K) | (799.7K) | (1.4M) | (1.6M) | (1.6M) | (2.2M) | (1.7M) | (1.4M) | (1.4M) | (1.5M) | (1.5M) | (2.5M) | (1.2M) | (1.4M) | |
-1.4M | -2M | -2.6M | -1.8M | -2.6M | -3.2M | -2.4M | -2.4M | -4.3M | -4.3M | -4.4M | -5.9M | -3.7M | -4.2M | -3.9M | -4M | -2.7M | -7.9M | -3.4M | -3.9M | |
PRE-TAX INCOME | ||||||||||||||||||||
95.3K | 124.9K | 0.0 | 0.0 | 34.5K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 33.2K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
(1.5M) | (0.0) | (2.6M) | (2.5M) | (0.0) | (3.7M) | (3M) | (3.1M) | (4.1M) | (4.7M) | (4.4M) | (5.8M) | (4M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
130.5K | 124.9K | -44.2K | -7.5K | 236.5K | -659.6K | -267.9K | 4.8K | 29.5K | 43.3K | 35.2K | 233.7K | 139.1K | 29.3K | 15.5K | 20.6K | 154.6K | 336K | 88.1K | 129.8K | |
-1.3M | -1.9M | -2.7M | -1.8M | -2.3M | -3.8M | -2.7M | -2.4M | -4.2M | -4.3M | -4.4M | -5.8M | -3.7M | -3.9M | -4M | -4M | -2.6M | -7.6M | -3.3M | -3.7M | |
NET INCOME | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (659.6K) | (0.0) | -4.8K | -29.5K | (0.0) | -35.2K | -38.1K | -613.4K | -29.3K | -15.5K | -20.6K | (0.0) | (0.0) | (0.0) | (0.0) | |
-1.3M | -1.9M | -2.7M | -1.8M | -2.3M | -3.8M | -2.7M | -2.4M | -4.2M | -4.3M | -4.4M | -5.8M | -3.1M | -4.1M | -3.9M | -4M | -2.6M | -7.6M | -3.3M | -3.7M |
REFR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2025 Q3 Q3 | November 06, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | September 15, 2025 | September 15, 2025 | 2025 | |
10-Q 10-Q 2025 Q2 Q2 | August 07, 2025 | June 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | June 13, 2025 | June 12, 2025 | 2025 | |
10-Q 10-Q 2025 Q1 Q1 | May 08, 2025 | March 31, 2025 | 2025 | |
DEF 14A DEF 14A 2025 N/A | April 30, 2025 | April 30, 2025 | 2025 | |
10-K/A 10-K/A 2023 FY (Amended) FY | April 16, 2025 | December 31, 2023 | 2023 | |
10-K 10-K 2024 FY FY | March 06, 2025 | December 31, 2024 | 2024 | |
10-Q 10-Q 2024 Q3 Q3 | November 07, 2024 | September 30, 2024 | 2024 | |
10-Q 10-Q 2024 Q2 Q2 | August 01, 2024 | June 30, 2024 | 2024 |
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