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Research Frontiers Inc (REFR) company profile

REFRNasdaqPatent Owners & LessorsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 6/3098% above fair value
$0.32−0.04 (-11.76%)

Close on Nov 13, 2026Market cap $10.99MP/E –Yield –

About Research Frontiers

Patent Owners & Lessors, SIC 6794

Research Frontiers Incorporated develops and licenses patented suspended particle device light-control technology, known as SPD-Smart. The company operates in a single business segment focused on developing and commercializing technologies that regulate the flow of light. It licenses its intellectual property rather than manufacturing finished goods directly. Its technology utilizes voltage-responsive nanoparticles within films to adjust light, glare, and heat transmission. Customers are industrial licensees that fabricate chemical emulsions, films, panels, and end products for aerospace, automotive, architectural, marine, rail, and display applications.

Headquartered in Woodbury, New York, the company operates with five full-time employees. Research Frontiers maintains global reach through licensees serving markets worldwide, including film production facilities in Germany and Israel. Its dimmable window technology is utilized internationally across more than forty aircraft models, as well as in passenger vehicles, marine vessels, and architectural structures.

Summary of the business section of Research Frontiers's latest annual report, written by StockData.

Company profile

Company

Legal name
Research Frontiers Inc
Founded
1965
Headquarters
Woodbury, NY
Address
240 Crossways Park Dr 11797-2033
Phone
(516) 364-1902
Employees
5, Dec 31, 2025
Industry
Patent Owners & Lessors
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
CohnReznick LLP, Melville, New York

Stock & identifiers

Ticker
REFR
Exchange
Nasdaq
IPO date
Jul 8, 1986
Shares outstanding
35M, Aug 6, 2026
Public float
$47.01M, Jun 30, 2025
Filer category
Non-accelerated filer<br>Smaller reporting company
Stock splits
5-for-4, Feb 16, 1994; 3-for-2, Jul 16, 1993
SEC CIK
793524
CUSIP
760911107
ISIN
US7609111072
FIGI
BBG000BS1F28
Share class FIGI
BBG001S5VML9
EIN
11-2103466

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Joseph M. HararyPresident and CEO, Director576,524
Michael R. LapointeVP-Marketing39,785
Darryl DaigleDirector455,945
Alexander KaganowiczDirector184,128
Eyal PesoDirector1,838,824

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryOption awardsIncentive payOtherTotalvs. prior year
Joseph M. Harary
President and Chief Executive Officer
$625.00K$63.70K$18.00K$48.08K$754.78K-2%
Michael R. LaPointe
Vice President-Aerospace
$27.85K–$30.88K$3.08K$61.81K+34%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“March 4, 2026, the Company had five full-time employees, two of whom are technical personnel, and the rest of whom perform legal, finance, marketing, investor relations, and administrative functions.”

Corporate history

Events identified from SEC filings

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