REFR
Income statement / Annual
Last year (2025), Research Frontiers Inc.'s total revenue was $1.12 M,
a decrease of 16.04% from the previous year.
In 2025, Research Frontiers Inc.'s net income was -$2.05 M.
See Research Frontiers Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$1.12 M |
$1.34 M |
$909.60 K |
$539.69 K |
$1.26 M |
$828.45 K |
$1.56 M |
$1.49 M |
$1.51 M |
$1.24 M |
| Cost of Revenue |
$186.67 K
|
$263.56 K
|
$2.36 M
|
$0.00
|
$0.00
|
$2.78 M
|
$3.68 M
|
$2.42 M
|
$3.13 M
|
$4.09 M
|
| Gross Profit |
$934.57 K
|
$1.07 M
|
-$1.45 M
|
$539.69 K
|
$1.26 M
|
-$1.95 M
|
-$2.11 M
|
-$929.58 K
|
-$1.62 M
|
-$2.85 M
|
| Gross Profit Ratio |
0.83
|
0.8
|
-1.59
|
1
|
1
|
-2.35
|
-1.35
|
-0.62
|
-1.07
|
-2.31
|
| Research and Development Expenses |
$30.36 K
|
$570.01 K
|
$583.27 K
|
$609.13 K
|
$580.00 K
|
$628.30 K
|
$1.04 M
|
$863.40 K
|
$799.70 K
|
$1.42 M
|
| General & Administrative Expenses |
$269.79 K
|
$232.44 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$235.20 K
|
$167.64 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$504.98 K
|
$400.08 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Other Expenses |
$2.53 M
|
$1.54 M
|
$0.00
|
$2.56 M
|
$2.52 M
|
$0.00
|
$0.00
|
$3.04 M
|
$3.13 M
|
$4.09 M
|
| Operating Expenses |
$3.07 M
|
$2.51 M
|
$583.27 K
|
$3.16 M
|
$3.10 M
|
$628.30 K
|
$1.04 M
|
$3.91 M
|
$3.93 M
|
$5.50 M
|
| Cost And Expenses |
$3.25 M
|
$2.78 M
|
$2.94 M
|
$3.16 M
|
$3.10 M
|
$3.41 M
|
$4.71 M
|
$3.91 M
|
$3.93 M
|
$5.50 M
|
| Interest Income |
$39.23 K
|
$95.34 K
|
$124.94 K
|
$0.00
|
$0.00
|
$34.47 K
|
$43.05 K
|
$0.00
|
$0.00
|
$0.00
|
| Interest Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$186.67 K
|
$263.56 K
|
$172.14 K
|
$175.15 K
|
$176.51 K
|
$67.08 K
|
$195.38 K
|
$181.05 K
|
$175.64 K
|
$188.50 K
|
| EBITDA |
-$1.95 M |
-$1.18 M |
-$1.86 M |
-$2.45 M |
-$1.66 M |
-$2.51 M |
-$3.61 M |
-$2.24 M |
-$2.24 M |
-$4.08 M |
| EBITDA Ratio |
-1.74
|
-0.88
|
-2.05
|
-4.54
|
-1.32
|
-3.03
|
-2.31
|
-1.5
|
-1.49
|
-3.3
|
| Operating Income Ratio |
-1.9
|
-1.08
|
-2.24
|
-4.86
|
-1.46
|
-3.11
|
-2.01
|
-1.62
|
-1.6
|
-3.45
|
| Total Other Income/Expenses Net |
$86.59 K
|
$130.49 K
|
$124.94 K
|
-$44.22 K
|
-$7.54 K
|
$236.53 K
|
-$659.64 K
|
-$267.91 K
|
$4.75 K
|
$29.54 K
|
| Income Before Tax |
-$2.05 M
|
-$1.31 M
|
-$1.91 M
|
-$2.67 M
|
-$1.85 M
|
-$2.34 M
|
-$3.81 M
|
-$2.69 M
|
-$2.41 M
|
-$4.24 M
|
| Income Before Tax Ratio |
-1.82
|
-0.98
|
-2.1
|
-4.95
|
-1.46
|
-2.83
|
-2.44
|
-1.8
|
-1.6
|
-3.43
|
| Income Tax Expense |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
-$4.75 K
|
-$29.54 K
|
| Net Income |
-$2.05 M
|
-$1.31 M
|
-$1.91 M
|
-$2.67 M
|
-$1.85 M
|
-$2.34 M
|
-$3.81 M
|
-$2.69 M
|
-$2.41 M
|
-$4.24 M
|
| Net Income Ratio |
-1.82
|
-0.98
|
-2.1
|
-4.95
|
-1.46
|
-2.83
|
-2.44
|
-1.8
|
-1.6
|
-3.43
|
| EPS |
-0.0608 |
-0.0391 |
-0.057 |
-0.0832 |
-0.0583 |
-0.0743 |
-0.15 |
-0.1 |
-0.1 |
-0.18 |
| EPS Diluted |
-0.0608 |
-0.0391 |
-0.057 |
-0.0832 |
-0.0583 |
-0.0743 |
-0.15 |
-0.1 |
-0.1 |
-0.18 |
| Weighted Average Shares Out |
$33.65 M
|
$33.52 M
|
$33.45 M
|
$32.07 M
|
$31.65 M
|
$31.49 M
|
$30.01 M
|
$25.96 M
|
$24.04 M
|
$24.04 M
|
| Weighted Average Shares Out Diluted |
$33.65 M
|
$33.52 M
|
$33.45 M
|
$32.07 M
|
$31.65 M
|
$31.49 M
|
$30.01 M
|
$25.96 M
|
$24.04 M
|
$24.04 M
|
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