Research Frontiers Incorporated Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021
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Research Frontiers Incorporated announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported fee income was $213,123 against $356,173 a year ago. Operating loss was $557,651 against $647,586 a year ago. Net loss was $557,307 against $624,594 a year ago. Basic and diluted loss per share was $0.02 against $0.02 a year ago.
Research Frontiers Incorporated is a material science company, focused on the research, development, manufacturing and marketing of vision and light control technologies. The Company develops and licenses its patented suspended particle device (SPD-Smart) light-control technology to other companies that manufacture and/or market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products themselves, such as smart windows, skylights and sunroofs. It has various companies that, in the aggregate, are licensed to primarily serve five SPD-Smart application areas (aerospace, architectural, automotive, marine and display products) in every country of the world. It has licensed its smart glass technology to approximately 40 companies that include chemical, material science and glass companies.
RESEARCH FRONTIERS INCORPORATED 
