Research Frontiers Inc (REFR)
Research Frontiers Inc brought in $654.2K of revenue over the twelve months to June 30, 2026, down 46.5% from a year earlier. It posted a net loss of $2.2M. In fiscal 2025 capital spending exceeded operating cash flow by $1.3M. At June 30, 2026 it held $1.1M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 6, 2026.
Watch REFR in 60 secondsWhat Research Frontiers Inc does
Research Frontiers Inc is registered with the SEC under industry code SIC 6794 (Patent Owners & Lessors). Its shares trade on NASDAQ under the ticker REFR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.1M | -$2M | -$0.06 | -$1.3M |
| 2024 | $1.3M | -$1.3M | -$0.04 | -$790.4K |
| 2023 | $909.6K | -$1.9M | -$0.06 | -$2.3M |
| 2022 | $539.7K | -$2.7M | -$0.08 | -$2.2M |
| 2021 | $1.3M | -$1.8M | -$0.06 | -$1.8M |
| 2020 | $828.5K | -$2.3M | -$0.07 | -$2.3M |
Full financial statements: income, balance sheet and cash flow
Where REFR ranks in Other
Latest SEC filings
What Research Frontiers Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 34% to $86.3K versus the same quarter last year; diluted EPS -$0.02 versus -$0.02.
- June 12, 2026
- June 5, 2026
- May 8, 2026Quarterly report 10-Q · period to March 31, 2026Revenue fell 76% to $136.3K versus the same quarter last year; diluted EPS -$0.02 versus -$0.01.
- April 30, 2026Proxy statement DEF 14A
- March 19, 2026Annual report (amended) 10-K/A · period to December 31, 2025Revenue fell 16% to $1.1M versus the prior year; diluted EPS -$0.06 versus -$0.04.
- March 5, 2026Annual report 10-K · period to December 31, 2025Revenue fell 16% to $1.1M versus the prior year; diluted EPS -$0.06 versus -$0.04.
- February 18, 2026
- November 6, 2025Quarterly report 10-Q · period to September 30, 2025Revenue rose 1.4% to $359.4K versus the same quarter last year; diluted EPS -$0.01 versus $0.00.
- October 17, 2025Passive stake (5% or more) SCHEDULE 13G
Who owns REFR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Morgan Stephen L.13G, passive | 6.9% | October 17, 2025 |
Largest institutional holders
Insiders
Questions about REFR
What does Research Frontiers Inc do?
Research Frontiers Inc is registered with the SEC under industry code SIC 6794 (Patent Owners & Lessors). Its shares trade on NASDAQ under the ticker REFR.
Is Research Frontiers Inc profitable?
No. Over the twelve months to June 30, 2026 it reported a net loss of $2.2M on revenue of $654.2K.
How much revenue does Research Frontiers Inc make?
Over the twelve months to June 30, 2026 Research Frontiers Inc reported revenue of $654.2K. That is 46.5% less than a year earlier.
When did Research Frontiers Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 6, 2026. It covers the period to June 30, 2026.
Similar companies
Compare REFR with
Follow REFR
Get an email when Research Frontiers Inc files with the SEC: results, executive changes, material agreements and annual reports.
Follow REFR: get an email when it filesWhere the numbers come from
Financial figures are the values Research Frontiers Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.