Research Frontiers Incorporated Reports Earnings Results for the Full Year Ended December 31, 2020
March 11, 2021 at 04:02 pm EST
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Research Frontiers Incorporated announced earnings results for the full year ended December 31, 2020. For the full year, the company announced operating loss was USD 2.577 million compared to USD 3.149 million a year ago. Net loss was USD 2.340 million compared to USD 3.808 million a year ago. Basic loss per share from continuing operations was USD 0.07 compared to USD 0.13 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 