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RESEARCH FRONTIERS INCORPORATED

corporate_fare Company Profile

RESEARCH FRONTIERS INCORPORATED

REFR·NASDAQ·Real Estate & Construction·CIK 0000793524

Research Frontiers Incorporated develops and markets technology and devices that control the flow of light. The company operates in a single business segment. Research Frontiers develops and licenses its patented suspended particle device ("SPD-Smart") light-control technology to other companies. These licensees manufacture and/or market various components and end-products. These include the SPD-Smart chemical emulsion, light-control film made from this emulsion, and light-control panels created by laminating the film. Licensees also produce electronics to power end-products incorporating the film, and provide lamination services for, or the end-products themselves. Examples of these end-products are "smart" windows, skylights, and sunroofs.

RESEARCH FRONTIERS INCORPORATED (NASDAQ:REFR) is a publicly traded company in the Real Estate & Construction sector. Wiseek has independently scored 7 items for REFR at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-06-05, rated 9/10. Across its 7 most recent items scored 7 or higher, the top rating is 9/10, with 4 rated 8 or above. Recent SEC coverage for REFR spans 8-K, 10-Q, DEF 14A, 10-K.

Recent high-impact activity:

  • Nasdaq Warns Research Frontiers of Delisting for Failing Bid Price, Market Value Rules
  • Research Frontiers Receives Nasdaq Delisting Notice for Bid Price and Market Value Deficiencies
  • Research Frontiers Reports 75% Revenue Drop and Wider Q1 Loss, Secures $1.375M Financing to Extend Runway
  • Research Frontiers Reports Wider Q1 Net Loss, Revenue Decline
  • Research Frontiers Details Annual Meeting Proposals, Executive Pay, and Significant Related-Party Receivables

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$1.12M
Net Income
-$2.05M
Diluted EPS
-$0.06
Op. Cash Flow
-$1.33M
Free Cash Flow
-$1.33M
Operating Income
-$2.13M
Cash & Equivalents
$664.3K
Debt / Equity
0.00×
Net Margin
-182.4%
Shares Outstanding
33.65M sh
Source: 10-K · filed 2026-03-19 · accession 0001493152-26-011611

Short Interest & Short Volume

2.85 days to cover

FINRA reported short interest of 389,783 shares in REFR as of the September 15, 2026 settlement, a 9.8% decrease from the prior period — about 2.9 days to cover at its recent average daily volume. On October 2, 2026, 45.8% of REFR volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)389,783 shares as of September 15, 2026
Change vs prior period▼ 9.8%
Days to cover2.85 at avg daily volume of 136,982
Daily short volume (FINRA facilities)45.8% of 43,987 shares on October 2, 2026
5-day average short volume31.3%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$0.7135 -0.02% today
52-week range · as of 2026-06-05 $0.7135 – $2.7
Market cap
$25.4M
Volume
82.8K (0.0× avg)
3-mo avg 3.4M
Live data · 2026-10-05 01:16 UTC · Market closed

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feed REFR - Latest Insights

REFR
Jun 05, 2026, 5:03 PM EDT
Source: Wiseek News
Importance Score:
9
Price at Filing: $0.730
Real-time Price: $0.7135 info
Change: -$0.0165 (-2%) info
Market Cap: $25.405M info
REFR
Jun 05, 2026, 5:00 PM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $0.730
Real-time Price: $0.7135 info
Change: -$0.0165 (-2%) info
Market Cap: $25.405M info
REFR
May 07, 2026, 6:19 PM EDT
Filing Type: 10-Q
Importance Score:
7
Price at Filing: $0.8301
Real-time Price: $0.7135 info
Change: -$0.1166 (-14%) info
Market Cap: $25.405M info
REFR
May 07, 2026, 4:38 PM EDT
Source: Reuters
Importance Score:
8
Price at Filing: $0.8301
Real-time Price: $0.7135 info
Change: -$0.1166 (-14%) info
Market Cap: $25.405M info
REFR
Apr 30, 2026, 4:01 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $0.9199
Real-time Price: $0.7135 info
Change: -$0.2064 (-22%) info
Market Cap: $25.405M info
REFR
Mar 05, 2026, 4:01 PM EST
Filing Type: 10-K
Importance Score:
7
Price at Filing: $0.990
Real-time Price: $0.7135 info
Change: -$0.2765 (-28%) info
Market Cap: $25.405M info
REFR
Feb 18, 2026, 5:30 PM EST
Filing Type: 8-K
Importance Score:
7
Price at Filing: $1.01
Real-time Price: $0.7135 info
Change: -$0.2965 (-29%) info
Market Cap: $25.405M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets