Company

RESEARCH FRONTIERS INC (REFR)

Standardized SEC financial data for RESEARCH FRONTIERS INC — income statement, balance sheet, cash flow and 40+ ratios, available as a clean JSON API. CIK 0000793524 · NASDAQ · Patent Owners & Lessors.

Operating margin

-190.2%

Net margin

-182.4%

Revenue growth (YoY)

-16.0%

Return on equity

-219.1%

Free cash flow

-$1.3M

Current ratio

3.84×

EPS (diluted)

$-0.06

Ratios for fiscal year 2025, standardized from SEC filings.

Income statement

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$828K	$1.3M	$540K	$910K	$1.3M	$1.1M
R&D expense	$628K	$580K	$609K	$583K	$570K	$609K
Operating income	-$2.6M	-$1.8M	-$2.6M	-$2.0M

Balance sheet

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$4.8M	$270K	$4.2M	$2.5M	$2.0M	$664K
Total current assets	$5.4M	$3.9M	$4.9M	$3.6M	$2.7M	$1.1M
Property, plant & equipment	$122K	$93K	$65K	$40K

Cash flow

USD	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$2.3M	-$1.8M	-$2.2M	-$2.3M	-$789K	-$1.3M
Capital expenditures	$57K	$1K	$1K	$2K	$2K	$726
Free cash flow	-$2.3M	-$1.8M	-$2.2M	-$2.3M

Get REFR data via API

# JSON
curl https://sec-financial-api-production.up.railway.app/v1/company/REFR/financials \
  -H "X-API-Key: YOUR_KEY"

# CSV export (income / balance / cash-flow)
curl "https://sec-financial-api-production.up.railway.app/v1/company/REFR/income-statement?format=csv" \
  -H "X-API-Key: YOUR_KEY"

Get a free API key Use with Claude (MCP) →View REFR filings on SEC EDGAR →