Welcome to our dedicated page for Research Frontiers news (Ticker: REFR), a resource for investors and traders seeking the latest updates and insights on Research Frontiers stock.
Research Frontiers Inc. (NASDAQ: REFR) specializes in smartglass innovation through its patented suspended particle device (SPD) technology. This page serves as the definitive source for official company announcements, financial updates, and technology developments.
Access real-time updates on licensing agreements, product implementations across automotive and architectural sectors, and operational milestones. Our curated news collection helps stakeholders monitor SPD adoption trends, partnership expansions, and strategic initiatives.
Key content categories include earnings reports, technology patents, manufacturing collaborations, and application case studies. All materials are sourced directly from company filings and verified industry publications.
Bookmark this page for streamlined access to REFR's evolving position in smart materials technology. Check regularly for updates on light-control advancements impacting energy efficiency markets worldwide.
Research Frontiers Inc. (Nasdaq: REFR) reported third quarter financial results for the period ending September 30, 2022. Key highlights include a net loss of $483,729 ($0.02 per share), contrasting with a net income of $21,614 for the same quarter in 2021. Fee income increased year-over-year, driven by automotive and aircraft segments, despite operating expenses falling by $83,548. The company anticipates future revenue growth due to new products featuring its SPD-SmartGlass technology. As of September 30, 2022, cash and equivalents stood at approximately $4.8 million, with no debt and sufficient working capital for five years.
WOODBURY, NY, Oct. 31, 2022 - Research Frontiers (Nasdaq: REFR) will announce its third quarter 2022 financial results on November 3, 2022. A conference call led by President & CEO Joseph M. Harary is scheduled for 4:30 PM ET to review financials and recent developments. Investors can join the call by dialing 1-888-334-5785. A replay of the call will be available starting November 4, 2022, for 90 days at smartglass-ir.com.
Research Frontiers (Nasdaq: REFR) and Gauzy showcased SPD-SmartGlass technology at the NBAA-BACE show in Orlando, emphasizing its use in various transportation sectors including aerospace and marine. Vision Systems highlighted 17 aerospace, 9 marine, 9 specialty vehicle, 3 railway, and 3 recreational vehicle programs. Contracts with Tier-1 suppliers endorse Nuance and Noctis LCG brands as standard equipment. The technology provides instant tint adjustment, significantly reduces heat and glare, and enhances fuel efficiency and comfort.
Research Frontiers (Nasdaq: REFR) recently showcased its SPD-SmartGlass technology at several public events in Europe, including a debut in a sports car's sunroof. This broad introduction spans various applications including automotive and architecture. The company’s CEO emphasized the diversity in product showcases, reflecting the technology’s adaptability. SPD-SmartGlass offers instant tint adjustments, enhancing user comfort and efficiency while blocking harmful rays. Gauzy Ltd., a key partner, is positioned as a leader in smart window technologies, further driving innovation.
Research Frontiers (Nasdaq: REFR) announced a significant legislative boost for SPD-SmartGlass technology following President Biden's signing of the Dynamic Glass Act on August 16, 2022. This act provides investment tax credits aimed at accelerating the adoption of electrically-controlled variable tint glass in the architectural and automotive sectors. Research Frontiers, alongside industry partner Gauzy, aims to enhance energy efficiency and comfort in buildings and vehicles, with SPD-SmartGlass technology already used in various applications including cars and trains.
Research Frontiers (Nasdaq: REFR) reported a net loss of $741,838 ($0.02 per share) for Q2 2022, compared to a loss of $527,935 in Q2 2021. The decline in licensing fee income is attributed to lower economic activity in industries utilizing SPD-SmartGlass technology. Despite this, the company anticipates revenue growth as new products incorporating this technology, including Cadillac's Celestiq with a variable tint roof, are set to launch. As of June 30, 2022, cash equivalents stood at $1.9 million, providing operational viability for the next 24 months.
Research Frontiers (Nasdaq: REFR) announced it will release its Q2 2022 financial results on August 4, 2022. A conference call will be held at 4:30 PM ET on the same day, hosted by President and CEO Joseph M. Harary. Interested parties can join by dialing 1-888-334-5785. The call will cover financial and operational results along with recent developments. A replay of the call will be available for 90 days starting August 5, 2022.
Research Frontiers (Nasdaq: REFR) is set to play a significant role in the upcoming Cadillac CELESTIQ luxury electric vehicle, which General Motors announced will commence production after an $81 million investment in its Global Technical Center. This flagship model will feature SPD-SmartGlass, allowing occupants to control roof transparency while enhancing comfort and energy efficiency. With its patented light-control technology, Research Frontiers aims to improve electric vehicle range by 5.5% and reduce CO2 emissions. The CELESTIQ is anticipated to make its debut next month and deliveries are expected in 2023.
WOODBURY, NY, June 13, 2022 – Research Frontiers announced the retirement of Board member William Graham Settle, effective immediately. Settle, a board member since 2020, served as Chairman of the Compensation and Stock Option Committee and contributed to the Audit, Nominating, and Governance Committees. He cited personal responsibilities and humanitarian efforts as reasons for his departure but expressed gratitude for his tenure and plans to engage with the company informally. CEO Joseph M. Harary acknowledged Settle's valuable contributions and continued support through the Advisory Board.
Research Frontiers Inc. (Nasdaq: REFR) reported a net loss of $628,348 for Q1 2022, compared to $557,307 in Q1 2021, maintaining a loss of $0.02 per share. Licensing fee income saw a slight decline due to reduced economic activity and accounting timing differences. However, the company anticipates revenue growth from new products featuring SPD-SmartGlass technology later in the year. Total expenses decreased by approximately 3%, continuing a seven-year trend of reducing costs. The company holds around $2.5 million in cash, ensuring sufficient working capital for at least 23 months.
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