Financials in USD. Standardized financial statements.
A compact view of how Research Frontiers Incorporated turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.12M | $1.34M | $909,598 | $539,686 | $1.26M | $828,450 | $1.56M | $1.49M | $1.51M | $1.24M |
| Revenue Growth? | -16.0% | +46.8% | +68.5% | -57.3% | +52.5% | -47.0% | +5.1% | -1.4% | +22.1% | 0.0% |
| Cost of Revenue? | $186,674 | $263,563 | $2.36M | $0 | $0 | $2.78M | $3.68M | $2.42M | $3.13M | $4.09M |
| Gross Profit? | $934,574 | $1.07M | -$1.45M | $539,686 | $1.26M | -$1.95M | -$2.11M | -$929,577 | -$1.62M | -$2.85M |
| Gross Margin? | +83.4% | +80.3% | -159.4% | +100.0% | +100.0% | -235.3% | -135.1% | -62.4% | -107.3% | -230.6% |
| Operating Expenses? | $3.07M | $2.51M | $583,266 | $3.16M | $3.10M | $628,304 | $1.04M | $3.91M | $3.93M | $5.50M |
| Operating Income? | -$2.13M | -$1.44M | -$2.03M | -$2.63M | -$1.84M | -$2.58M | -$3.15M | -$2.42M | -$2.42M | -$4.27M |
| EBITDA? | -$1.95M | -$1.18M | -$1.86M | -$2.45M | -$1.66M | -$2.51M | -$3.61M | -$2.24M | -$2.24M | -$4.08M |
| Income Before Tax | -$2.05M | -$1.31M | -$1.91M | -$2.67M | -$1.85M | -$2.34M | -$3.81M | -$2.69M | -$2.41M | -$4.24M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$4,752 | -$29,535 |
| Net Income? | -$2.05M | -$1.31M | -$1.91M | -$2.67M | -$1.85M | -$2.34M | -$3.81M | -$2.69M | -$2.41M | -$4.24M |
| EPS? | $-0.06 | $-0.04 | $-0.06 | $-0.08 | $-0.06 | $-0.07 | $-0.15 | $-0.10 | $-0.10 | $-0.18 |
| Diluted EPS? | $-0.06 | $-0.04 | $-0.06 | $-0.08 | $-0.06 | $-0.07 | $-0.15 | $-0.10 | $-0.10 | $-0.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality