Research Frontiers Incorporated (REFR)
NASDAQ: REFR · Real-Time Price · USD
0.940
-0.040 (-4.08%)
Mar 9, 2026, 4:00 PM EDT - Market closed
Research Frontiers Cash Flow 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 |
| Net Income | -2.05 | -1.31 | -1.91 | -2.67 | -1.85 | |
| Depreciation & Amortization | 0.19 | 0.26 | 0.17 | 0.18 | 0.18 | |
| Loss (Gain) From Sale of Investments | - | - | -0.06 | 0.06 | 0.03 | |
| Stock-Based Compensation | 0.37 | 0.09 | 0.14 | 0.23 | 0.22 | |
| Provision & Write-off of Bad Debts | 0.15 | 0.03 | 0.1 | 0.14 | 0.04 | |
| Change in Accounts Receivable | 0.1 | 0.32 | -0.51 | 0.1 | -0.28 | |
| Change in Accounts Payable | 0.01 | 0.07 | -0.04 | -0.01 | 0.06 | |
| Change in Other Net Operating Assets | -0.11 | -0.25 | -0.19 | -0.21 | -0.2 | |
| Operating Cash Flow | -1.33 | -0.79 | -2.3 | -2.18 | -1.8 | |
| Capital Expenditures | -0 | -0 | -0 | -0 | -0 | |
| Investment in Securities | - | - | 0.06 | 2.69 | -2.78 | |
| Investing Cash Flow | -0 | -0 | 0.06 | 2.69 | -2.78 | |
| Issuance of Common Stock | - | 0.31 | 0.48 | 3.45 | 0.09 | |
| Financing Cash Flow | - | 0.31 | 0.48 | 3.45 | 0.09 | |
| Net Cash Flow | -1.33 | -0.48 | -1.75 | 3.96 | -4.5 | |
| Free Cash Flow | -1.33 | -0.79 | -2.3 | -2.18 | -1.81 | |
| Free Cash Flow Margin | -118.61% | -59.19% | -252.49% | -404.68% | -142.94% | |
| Free Cash Flow Per Share | -0.04 | -0.02 | -0.07 | -0.07 | -0.06 | |
| Levered Free Cash Flow | -0.49 | -0.13 | -1.41 | -1.01 | -0.97 | |
| Unlevered Free Cash Flow | -0.49 | -0.13 | -1.41 | -1.01 | -0.97 | |
| Change in Working Capital | 0 | 0.14 | -0.74 | -0.12 | -0.42 | |
Source: S&P Capital IQ. Standard template.
Financial Sources.