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) is a technology company that develops and licenses patented SPD-Smart light-control film technology used in smart glass for transportation and architectural applications. This news page aggregates announcements, press releases and market updates related to REFR and its SPD-SmartGlass programs.
Readers can follow company communications on topics such as royalty trends, licensing activity and adoption of SPD-SmartGlass across automotive, aerospace and building markets. Recent news has highlighted royalty income from vehicles using SPD-SmartGlass from brands including Ferrari, Cadillac, Mercedes and McLaren, as well as growth in aircraft programs using SPD-Smart electronically dimmable windows. Updates also cover retrofit systems for buildings, such as the RetroWAL SPD-SmartGlass window demonstrated with AIT Group and Gauzy at GlassBuild America.
Research Frontiers frequently reports participation in industry conferences and glazing summits, where its executives present on real-world uses of SPD-SmartGlass and other variable tint technologies. News items may describe keynote addresses, panel discussions with automakers and suppliers, and feedback from OEMs evaluating dynamic glazing for future vehicle platforms.
Financial results, conference call details and selected key comments from management are also released periodically, providing insight into fee income, royalty receivables, operating expenses and the company’s debt-free capital structure as disclosed in its Form 10-Q filings. Investors and observers can use this page to review historical and ongoing developments affecting REFR’s licensing business, technology deployment and multi-industry smart glass presence.
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.
Research Frontiers Inc. (Nasdaq: REFR) announced it will release its fourth quarter and full-year 2021 financial results on March 9, 2022. A conference call will be held at 4:30 PM ET the same day, hosted by President & CEO Joseph M. Harary. Investors can dial in at 1-888-334-5785. The call will discuss the financial results and recent developments. A replay will be available on March 10, 2022 for 90 days at smartglass-ir.com.
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.