REFR
Research Frontiers Incorporated
Price Chart
Latest Quote
$0.60
-0.04 (-6.40%)
Current Price
| Previous Close | $0.64 |
| Open | $0.64 |
| Day High | $0.66 |
| Day Low | $0.60 |
| Volume | 65,348 |
Stock Information
| Shares Outstanding | 34.87M |
| Total Debt | $1.13M |
| Cash Equivalents | $1.28M |
| Revenue | $698K |
| Net Income | $-2.39M |
| Sector | Technology |
| Industry | Electronic Components |
| Market Cap | $20.92M |
| EPS (TTM) | $-0.07 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $20.77M |
| Sales | $698K |
| Income | $-2.39M |
| Book/sh | $0.05 |
| Cash/sh | $0.04 |
| Employees | 5 |
Financial Ratios
| Quick Ratio | 5.77 |
| Current Ratio | 6.38 |
| Debt/Eq | 63.41 |
Returns & Margins
| ROA | -44.22% |
| ROE | -113.70% |
| Gross Margin | -251.01% |
| Operating Margin | -389.10% |
Ownership
| Insider Ownership | 15.34% |
| Institutional Ownership | 13.70% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -10.00 |
| PEG | 3.15 |
| P/S | 29.98 |
| P/B | 11.76 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $0.73 |
| SMA50 | $0.82 |
| SMA200 | $1.24 |
| RSI | 13.04 |
| ATR | 0.0550 |
| Shares Float | 27.19M |
| Short Float | 1.05% |
| Short Ratio | 8.75 |
| Volatility | 0.48 |
| Rel Volume | 2.07 |
Performance History
| Week | -18.92% |
| Month | -22.08% |
| Quarter | -41.18% |
| 6 Months | -59.46% |
| YTD | -53.12% |
| Year | -66.29% |
| 3 Years | -65.12% |
| 5 Years | -75.41% |
| 10 Years | -84.25% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-18 | $0.60 | 65,300 |
| 2026-06-17 | $0.64 | 15,900 |
| 2026-06-16 | $0.67 | 90,300 |
| 2026-06-15 | $0.65 | 67,700 |
| 2026-06-12 | $0.71 | 24,600 |
| 2026-06-11 | $0.74 | 15,400 |
| 2026-06-10 | $0.73 | 64,700 |
| 2026-06-09 | $0.73 | 41,400 |
| 2026-06-08 | $0.73 | 24,600 |
| 2026-06-05 | $0.74 | 30,400 |
| 2026-06-04 | $0.75 | 13,700 |
| 2026-06-03 | $0.76 | 12,300 |
| 2026-06-02 | $0.76 | 9,400 |
| 2026-06-01 | $0.77 | 18,800 |
| 2026-05-29 | $0.77 | 22,100 |
| 2026-05-28 | $0.76 | 53,400 |
| 2026-05-27 | $0.75 | 10,100 |
| 2026-05-26 | $0.76 | 26,800 |
| 2026-05-22 | $0.75 | 8,800 |
| 2026-05-21 | $0.74 | 16,300 |
| 2026-05-20 | $0.75 | 35,800 |
| 2026-05-19 | $0.77 | 16,900 |
About Research Frontiers Incorporated
Research Frontiers Incorporated, together with other subsidiary, engages in the development and marketing of technology and devices to control the flow of light worldwide. It 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. The company's 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, heads up displays and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. It serves architectural, automotive, marine, and aerospace and appliance applications. The company was incorporated in 1965 and is headquartered in Woodbury, New York.
đ° Latest News
REFR Q1 2026 Earnings Transcript
Motley Fool âĸ 2026-05-08T20:12:24Z
Research Frontiers Incorporated Q1 2026 Earnings Call Summary
Moby âĸ 2026-05-08T12:30:00Z
Research Frontiers Incorporated Q4 2025 Earnings Call Summary
Moby âĸ 2026-03-06T13:30:00Z
Research Frontiers Inc (REFR) Q4 2025 Earnings Call Highlights: Navigating Challenges and ...
GuruFocus.com âĸ 2026-03-06T07:00:35ZResearch Frontiers (NASDAQ:REFR) Is In A Good Position To Deliver On Growth Plans
Simply Wall St. âĸ 2026-02-03T19:00:20Z
Natural Health Trends And 2 Other Penny Stocks With Promising Financials
Simply Wall St. âĸ 2025-11-14T18:05:40Z
Research Frontiers Inc (REFR) Q3 2025 Earnings Call Highlights: Strong Cash Position and ...
GuruFocus.com âĸ 2025-11-12T01:01:57Z
Research Frontiers And 2 Other Promising Penny Stocks To Watch
Simply Wall St. âĸ 2025-10-10T12:05:19Z
Research Frontiers Second Quarter 2025 Earnings: US$0.024 loss per share (vs US$0.003 loss in 2Q 2024)
Simply Wall St. âĸ 2025-08-10T12:42:25Z
Research Frontiers Inc (REFR) Q2 2025 Earnings Call Highlights: Strong Sales Growth Amidst ...
GuruFocus.com âĸ 2025-08-08T19:00:57Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $1,121,248 | $1,335,531 | $909,598 | $539,686 |
| Operating Revenue | $1,121,248 | $1,335,531 | $909,598 | $539,686 |
| Expenses | ||||
| Total Expenses | $3,253,416 | $2,777,404 | $2,942,900 | $3,164,816 |
| Other Income Expense | $86,584 | $130,491 | $124,938 | $-44,219 |
| Other Non Operating Income Expenses | $47,357 | $35,152 | - | - |
| Operating Expense | $3,253,416 | $2,777,404 | $2,942,900 | $3,164,816 |
| Other Operating Expenses | $2,644,684 | $2,207,397 | $2,359,634 | $2,555,689 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Normalized Income | $-2,084,811 | $-1,406,721 | $-2,033,302 | $-2,625,130 |
| Net Income From Continuing And Discontinued Operation | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Total Operating Income As Reported | $-2,132,168 | $-1,441,873 | $-2,033,302 | $-2,625,130 |
| Net Income Common Stockholders | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Net Income | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Net Income Including Noncontrolling Interests | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Net Income Continuous Operations | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Pretax Income | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Operating Income | $-2,132,168 | $-1,441,873 | $-2,033,302 | $-2,625,130 |
| Per Share | ||||
| Diluted EPS | $-0.06 | $-0.04 | $-0.06 | $-0.08 |
| Basic EPS | $-0.06 | $-0.04 | $-0.06 | $-0.08 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-1,984,721 | $-1,273,649 | $-1,986,098 | $-2,405,759 |
| Total Unusual Items | $39,227 | $95,339 | $124,938 | $-44,219 |
| Total Unusual Items Excluding Goodwill | $39,227 | $95,339 | $124,938 | $-44,219 |
| Reconciled Depreciation | $186,674 | $263,563 | $172,142 | $175,152 |
| EBITDA (Bullshit earnings) | $-1,945,494 | $-1,178,310 | $-1,861,160 | $-2,449,978 |
| EBIT | $-2,132,168 | $-1,441,873 | $-2,033,302 | $-2,625,130 |
| Diluted Average Shares | $33,648,221 | $33,520,904 | $33,453,627 | $32,070,233 |
| Basic Average Shares | $33,648,221 | $33,520,904 | $33,453,627 | $32,070,233 |
| Diluted NI Availto Com Stockholders | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Gain On Sale Of Security | $39,227 | $95,339 | $124,938 | $-44,219 |
| Research And Development | $608,732 | $570,007 | $583,266 | $609,127 |
Fetched: 2026-06-21
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Total Assets | $2,251,745 | $4,039,647 | $3,850,525 | $5,366,451 |
| Total Non Current Assets | $1,107,811 | $1,293,758 | $274,379 | $444,963 |
| Other Non Current Assets | $56,066 | $56,066 | $56,066 | $56,066 |
| Current Assets | $1,143,934 | $2,745,889 | $3,576,146 | $4,921,488 |
| Other Current Assets | $70,969 | $93,490 | $96,784 | $100,973 |
| Receivables | $408,666 | $658,213 | $1,003,404 | $589,599 |
| Accounts Receivable | $408,666 | $658,213 | $1,003,404 | $589,599 |
| Allowance For Doubtful Accounts Receivable | $-1,384,850 | $-1,253,450 | $-1,253,450 | $-1,158,450 |
| Gross Accounts Receivable | $1,793,516 | $1,911,663 | $2,256,854 | $1,748,049 |
| Cash Cash Equivalents And Short Term Investments | $664,299 | $1,994,186 | $2,475,958 | $4,230,916 |
| Cash And Cash Equivalents | $664,299 | $1,994,186 | $2,475,958 | $4,230,916 |
| Non Current Prepaid Assets | - | - | - | - |
| Prepaid Assets | - | - | - | - |
| Debt | ||||
| Total Debt | $1,166,285 | $1,296,160 | $267,722 | $464,128 |
| Long Term Debt And Capital Lease Obligation | $1,020,242 | $1,166,285 | $55,363 | $267,723 |
| Current Debt And Capital Lease Obligation | $146,043 | $129,875 | $212,359 | $196,405 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $1,318,119 | $1,435,312 | $332,794 | $569,586 |
| Total Non Current Liabilities Net Minority Interest | $1,020,242 | $1,166,285 | $55,363 | $267,723 |
| Current Liabilities | $297,877 | $269,027 | $277,431 | $301,863 |
| Other Current Liabilities | $360 | $360 | $360 | $360 |
| Payables And Accrued Expenses | $151,474 | $138,792 | $64,712 | $105,098 |
| Payables | $132,666 | $85,825 | $50,880 | $71,079 |
| Accounts Payable | $132,666 | $85,825 | $50,880 | $71,079 |
| Equity | ||||
| Common Stock Equity | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Total Equity Gross Minority Interest | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Stockholders Equity | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Retained Earnings | $-127,621,807 | $-125,576,223 | $-124,264,841 | $-122,356,477 |
| Other | ||||
| Ordinary Shares Number | $33,648,221 | $33,648,221 | $33,509,287 | $33,150,396 |
| Share Issued | $33,648,221 | $33,648,221 | $33,509,287 | $33,150,396 |
| Tangible Book Value | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Invested Capital | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Working Capital | $846,057 | $2,476,862 | $3,298,715 | $4,619,625 |
| Capital Lease Obligations | $1,166,285 | $1,296,160 | $267,722 | $464,128 |
| Total Capitalization | $933,626 | $2,604,335 | $3,517,731 | $4,796,865 |
| Additional Paid In Capital | $128,552,068 | $128,177,193 | $127,779,221 | $127,150,027 |
| Capital Stock | $3,365 | $3,365 | $3,351 | $3,315 |
| Common Stock | $3,365 | $3,365 | $3,351 | $3,315 |
| Long Term Capital Lease Obligation | $1,020,242 | $1,166,285 | $55,363 | $267,723 |
| Current Capital Lease Obligation | $146,043 | $129,875 | $212,359 | $196,405 |
| Current Accrued Expenses | $18,808 | $52,967 | $13,832 | $34,019 |
| Net PPE | $1,051,745 | $1,237,692 | $218,313 | $388,897 |
| Accumulated Depreciation | $-2,807,265 | $-2,794,879 | $-2,768,710 | $-2,741,362 |
| Gross PPE | $3,859,010 | $4,032,571 | $2,987,023 | $3,130,259 |
| Leases | $584,967 | $584,967 | $584,967 | $584,967 |
| Other Properties | $1,824,006 | $1,998,294 | $954,369 | $1,099,163 |
| Machinery Furniture Equipment | $1,450,037 | $1,449,310 | $1,447,687 | $1,446,129 |
| Properties | $0 | $0 | $0 | $0 |
| Treasury Shares Number | - | - | $0 | - |
| Other Short Term Investments | - | - | - | $0 |
Fetched: 2026-06-21
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-1,329,887 | $-790,442 | $-2,296,609 | $-2,184,016 |
| Operating Activities | ||||
| Operating Cash Flow | $-1,329,161 | $-788,819 | $-2,295,051 | $-2,182,745 |
| Cash Flow From Continuing Operating Activities | $-1,329,161 | $-788,819 | $-2,295,051 | $-2,182,745 |
| Operating Gains Losses | - | - | $-57,149 | $60,143 |
| Investing Activities | ||||
| Capital Expenditure | $-726 | $-1,623 | $-1,558 | $-1,271 |
| Investing Cash Flow | $-726 | $-1,623 | $55,591 | $2,693,697 |
| Cash Flow From Continuing Investing Activities | $-726 | $-1,623 | $55,591 | $2,693,697 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $300,000 | $0 | $3,450,000 |
| Financing Cash Flow | $0 | $308,670 | $484,502 | $3,450,000 |
| Cash Flow From Continuing Financing Activities | $0 | $308,670 | $484,502 | $3,450,000 |
| Net Common Stock Issuance | $0 | $300,000 | $0 | $3,450,000 |
| Common Stock Issuance | $0 | $300,000 | $0 | $3,450,000 |
| Other | ||||
| End Cash Position | $664,299 | $1,994,186 | $2,475,958 | $4,230,916 |
| Beginning Cash Position | $1,994,186 | $2,475,958 | $4,230,916 | $269,964 |
| Changes In Cash | $-1,329,887 | $-481,772 | $-1,754,958 | $3,960,952 |
| Proceeds From Stock Option Exercised | $0 | $8,670 | $484,502 | $0 |
| Net PPE Purchase And Sale | $-726 | $-1,623 | $-1,558 | $-1,271 |
| Purchase Of PPE | $-726 | $-1,623 | $-1,558 | $-1,271 |
| Change In Working Capital | $621 | $144,683 | $-741,408 | $-122,754 |
| Change In Other Current Liabilities | $-129,875 | $-252,881 | $-196,406 | $-182,091 |
| Change In Payables And Accrued Expense | $12,681 | $74,080 | $-40,386 | $-10,387 |
| Change In Prepaid Assets | $22,521 | $3,294 | $4,189 | $-30,542 |
| Change In Receivables | $95,294 | $320,190 | $-508,805 | $100,266 |
| Stock Based Compensation | $374,875 | $89,316 | $144,728 | $232,291 |
| Asset Impairment Charge | $154,253 | $25,001 | $95,000 | $141,772 |
| Depreciation Amortization Depletion | $186,674 | $263,563 | $172,142 | $175,152 |
| Depreciation And Amortization | $186,674 | $263,563 | $172,142 | $175,152 |
| Depreciation | $186,674 | $263,563 | $172,142 | $175,152 |
| Net Income From Continuing Operations | $-2,045,584 | $-1,311,382 | $-1,908,364 | $-2,669,349 |
| Net Investment Purchase And Sale | - | $0 | $57,149 | $2,694,968 |
| Sale Of Investment | - | $0 | $5,491,535 | $2,694,968 |
| Purchase Of Investment | - | $0 | $-5,434,386 | $0 |
| Gain Loss On Investment Securities | - | - | $-57,149 | $60,143 |
| Changes In Account Receivables | - | - | - | $100,266 |
| Unrealized Gain Loss On Investment Securities | - | - | - | $0 |
| Issuance Of Debt | - | - | - | - |
| Net Issuance Payments Of Debt | - | - | - | - |
| Net Long Term Debt Issuance | - | - | - | - |
| Long Term Debt Issuance | - | - | - | - |
| Sale Of PPE | - | - | - | - |
Fetched: 2026-06-21