Research Frontiers Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 04:02 pm EDT
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Research Frontiers Incorporated reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported net income was USD 0.021614 million compared to net loss of USD 0.434223 million a year ago.
For the nine months, net loss was USD 1.06 million compared to USD 1.46 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.05 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 