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. develops and licenses patented SPD-Smart light-control film technology for smart glass products. Its technology allows variable shading of glass or plastic products and is licensed to companies involved in chemical emulsions, light-control film, laminated panels, electronics, lamination services and finished products.
Company news commonly covers financial results, license and royalty revenue, automotive OEM activity, aircraft electronically dimmable windows, architectural retrofit glazing, next-generation black SPD film and industry discussions around variable-tint automotive glazing. Updates also address applications in vehicles, aircraft, yachts, trains, homes, offices, museums and other buildings.
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.
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.