RESEARCH FRONTIERS INC (REFR)
About RESEARCH FRONTIERS INC
Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. The company's revenue source comes from the licensing of technology.
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Financial summary
- Revenue FY2025
- $1.1M
- Net income
- -$2.0M
- Total assets
- $2.3M
- Market cap
- $25.7M
- Operating margin
- -190.2%
- Net margin
- -182.4%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $1.1M
- Operating expenses
- $3.3M
- Operating income
- -$2.1M
- Net income
- -$2.0M
- EPS (basic)
- $-0.06
- EPS (diluted)
- $-0.06
Balance sheet
- Total assets
- $2.3M
- Current assets
- $1.1M
- Total liabilities
- $1.3M
- Current liabilities
- $297.9K
- Shareholders’ equity
- $933.6K
Cash flow
- Operating cash flow
- -$1.3M
- Investing cash flow
- -$726
- Financing cash flow
- $1.3M
- Net cash flow
- $0
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $25.7M
- EPS (diluted)
- $-0.06
- Shares outstanding
- 55.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jul 8, 1986
Research Frontiers Inc (REFR) Stock Price
- Reported a net loss of $2.0M in FY2025.
- Revenue declined 11% from FY2021 to FY2025.
- Trading 81% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Research Frontiers Inc: frequently asked questions
Is Research Frontiers Inc an American company?
Research Frontiers Inc is a US-based company headquartered in Woodbury, New York, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Research Frontiers Inc headquartered?
Research Frontiers Inc is headquartered in Woodbury, New York, United States.
Is Research Frontiers Inc publicly traded?
Yes — Research Frontiers Inc is a publicly traded company. Its stock trades under the ticker symbol REFR on the NASDAQ.
What does Research Frontiers Inc do?
Research Frontiers Inc is an American Financial Services company in the Business & Financial Services sector.
