Research Frontiers Inc Stock Price, News & Analysis

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.

WOODBURY, NY, May 02, 2022 - Research Frontiers Inc. (NASDAQ: REFR) will announce its Q1 2022 financial results on May 5, 2022. The company will host a conference call at 4:30 PM ET for discussion of its financial and operational performance along with recent developments. The call will be led by President & CEO Joseph M. Harary. Interested parties can join by dialing 1-888-334-5785 and submit questions via email. A replay will be available from May 6, 2022 for 90 days.

Research Frontiers Inc. (Nasdaq: REFR) reported its financial results for the fourth quarter and year ending December 31, 2021. The company saw a 52% increase in fee income from licensing, totaling $1,263,034, primarily due to one-time settlements and a special government contract. Total expenses decreased by 9%, marking the seventh consecutive year of reduced expenses. The net loss for 2021 was $1,846,352 ($0.06 per share), the lowest in 27 years. As of year-end, cash and marketable investments stood at approximately $3.0 million, ensuring operational funding for at least 22 months.