Research Frontiers Incorporated (REFR)
NASDAQ: REFR · Real-Time Price · USD
0.980
-0.010 (-1.01%)
At close: Mar 6, 2026, 4:00 PM EST
0.961
-0.019 (-1.93%)
After-hours: Mar 6, 2026, 6:12 PM EST
Research Frontiers Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
| Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| Revenue | 1.12 | 1.34 | 0.91 | 0.54 | 1.26 | |
| Revenue Growth (YoY) | -16.05% | 46.83% | 68.54% | -57.27% | 52.46% | |
| Cost of Revenue | 2.64 | 2.14 | 2.3 | 2.56 | 2.52 | |
| Gross Profit | -1.52 | -0.8 | -1.39 | -2.02 | -1.26 | |
| Selling, General & Admin | - | 0.27 | 0.25 | - | - | |
| Research & Development | 0.61 | 0.37 | 0.4 | 0.61 | 0.58 | |
| Operating Expenses | 0.61 | 0.64 | 0.65 | 0.61 | 0.58 | |
| Operating Income | -2.13 | -1.44 | -2.03 | -2.63 | -1.84 | |
| Interest & Investment Income | 0.04 | 0.1 | 0.12 | - | - | |
| Other Non Operating Income (Expenses) | 0.05 | - | - | - | - | |
| EBT Excluding Unusual Items | -2.05 | -1.35 | -1.91 | -2.63 | -1.84 | |
| Gain (Loss) on Sale of Investments | - | - | - | -0.04 | -0.01 | |
| Other Unusual Items | - | 0.04 | - | - | - | |
| Pretax Income | -2.05 | -1.31 | -1.91 | -2.67 | -1.85 | |
| Net Income | -2.05 | -1.31 | -1.91 | -2.67 | -1.85 | |
| Net Income to Common | -2.05 | -1.31 | -1.91 | -2.67 | -1.85 | |
| Shares Outstanding (Basic) | 34 | 34 | 33 | 32 | 32 | |
| Shares Outstanding (Diluted) | 34 | 34 | 33 | 32 | 32 | |
| Shares Change (YoY) | 1.71% | 0.20% | 4.31% | 1.34% | 0.50% | |
| EPS (Basic) | -0.06 | -0.04 | -0.06 | -0.08 | -0.06 | |
| EPS (Diluted) | -0.06 | -0.04 | -0.06 | -0.08 | -0.06 | |
| Free Cash Flow | -1.33 | -0.79 | -2.3 | -2.18 | -1.81 | |
| Free Cash Flow Per Share | -0.04 | -0.02 | -0.07 | -0.07 | -0.06 | |
| Gross Margin | -135.87% | -60.24% | -152.63% | - | -99.67% | |
| Operating Margin | -190.16% | -107.96% | -223.54% | -486.42% | -145.59% | |
| Profit Margin | -182.44% | -98.19% | -209.80% | -494.61% | -146.18% | |
| Free Cash Flow Margin | -118.61% | -59.19% | -252.49% | -404.68% | -142.94% | |
| EBITDA | -2.12 | -1.42 | -2.01 | -2.6 | -1.81 | |
| EBITDA Margin | -189.06% | -106.00% | -220.53% | - | -143.22% | |
| D&A For EBITDA | 0.01 | 0.03 | 0.03 | 0.03 | 0.03 | |
| EBIT | -2.13 | -1.44 | -2.03 | -2.63 | -1.84 | |
| EBIT Margin | -190.16% | -107.96% | -223.54% | - | -145.59% | |
Source: S&P Capital IQ. Standard template.
Financial Sources.