Research Frontiers Inc Stock Price, News & Analysis

Research Frontiers announced the acquisition of its licensee Vision Systems by its strategic investor Gauzy Ltd. following a successful $60 million Series D financing round. This consolidation enhances their market presence with international subsidiaries across six continents and over 70 distribution partners. The combined entity now boasts approximately $50 million in revenues for 2021, five manufacturing sites, and a strong patent portfolio. Their SPD-Smart film technology offers innovative solutions for automotive, architectural, and consumer electronics markets, with significant energy efficiency and comfort benefits.

Research Frontiers Inc. (Nasdaq: REFR) and Gauzy Ltd. showcased their SPD-Smart light-control technology at CES 2022, marking a significant innovation in smart city solutions. This collaboration highlights the integration of smart glass technology for enhancing mobility and comfort in urban environments. SPD-Smart film allows users to adjust glass tinting, contributing to energy savings and reduced CO2 emissions. With over 40 licensees in diverse industries, Research Frontiers is positioned for growth in the established markets of automotive and architecture.

Research Frontiers Inc. (Nasdaq: REFR) reported third-quarter 2021 financial results, showing significant growth in licensing income. Fee income from licensing activities surged to $723,465, up from $165,628 in Q3 2020, with a nine-month total of $1,050,526 compared to $697,914. The company achieved a net profit of $21,614 for the quarter, reversing a loss from the previous year. Total expenses decreased by 11.4%, and cash reserves stand at approximately $3 million. Notable applications of SPD-SmartGlass technology include vehicles from Mercedes, McLaren, and Cadillac.

Research Frontiers Inc. (Nasdaq: REFR) will release its third quarter 2021 financial results on November 4, 2021. A conference call is scheduled for 4:30 PM ET on the same day, led by President & CEO Joseph M. Harary. The call will cover the company's financial performance, recent projects involving its SPD-SmartGlass technology in automotive, train, and architectural markets. Interested parties can dial in at 1-888-334-5785, and a replay will be available starting November 5, 2021, for 90 days on their IR website.

Research Frontiers announced significant automotive innovations using its patented SPD-SmartGlass technology at the IAA 2021. The debut includes a dynamic headlight design by BMW in the BMWi Vision Circular, utilizing SPD technology for adaptable lighting. Additionally, LG Display showcased its Transparent OLED screens integrated with SPD, enhancing visual displays and shading for public transport. These advancements aim to improve energy efficiency and user experience, highlighting the future potential for smart glass technology in automotive design.

Research Frontiers (Nasdaq: REFR) highlights its SPD-SmartGlass technology at the IAA Munich Auto Show, showcasing how it enhances energy efficiency in vehicles. Partnering with Gauzy Ltd, SPD-SmartGlass can reduce fuel consumption by up to 5.5% and CO2 emissions by 4 grams/km. The technology is designed for various applications, including cars, aircraft, and buildings, providing dynamic light control while blocking UV and IR rays. Notable collaborations with LG Display and Texas Instruments emphasize the innovation behind smart glass solutions for the automotive industry.

Research Frontiers Inc. (Nasdaq: REFR) reported its second-quarter 2021 financial results, highlighting a net loss of $1,085,242 ($0.03 per share). Fee income from licensing activities reached $327,060 for the first half of the year, impacted by reduced demand in the automotive sector due to COVID-19 and model lifecycle constraints. Total expenses decreased by 21%, or $368,791. The company has approximately $3.5 million in cash and expects to maintain operational funding for at least the next 24 months. Key developments include SPD-SmartGlass applications in vehicles like General Motors’ Cadillac Celestiq.

Research Frontiers Inc. (Nasdaq: REFR) will announce its Q2 2021 financial results on August 5, 2021. A conference call is scheduled for 4:30 PM ET to discuss financial and operational outcomes along with advancements in SPD-SmartGlass technology for automotive, train, and architectural markets. The call will be led by President & CEO Joseph M. Harary. Dial-in for the call is 1-888-334-5785, with a replay available after August 6, 2021 for 90 days at smartglass-ir.com.

Research Frontiers Inc. (Nasdaq: REFR) reported its first-quarter 2021 results, highlighting a net loss of $557,307, improving from $624,594 in the same quarter of 2020. Licensing fee income declined to $213,123 from $356,173, affected by COVID-19 impacts on automotive production. Total expenses decreased by approximately 23% to $232,985. The company maintains a strong cash position with over $4.2 million and working capital of $4.7 million, projecting sufficient funds for at least 32 months. Key developments include the Cadillac Celestiq offering SPD-SmartGlass technology.