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Research Frontiers Incorporated (REFR)

Technology | Electronic Components | Woodbury, United States | NasdaqCM
0.54 USD -0.01 (-1.000%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 3:51 a.m. EDT

This instrument represents a catastrophic failure of both business fundamentals and market mechanics. The company is hemorrhaging cash with negative gross and operating margins, while revenue has collapsed by 75% year-over-year. The balance sheet is fragile, with debt exceeding cash reserves and equity effectively wiped out, resulting in a return on equity of -113%. Despite this, the stock trades at a premium valuation multiple relative to sales, indicating a severe disconnect between the asset's reality and its price. The recent price action shows a brutal 58% decline over the last nine years, with the most recent annual performance also negative. While the options chain shows aggressive call buying, this is a classic 'dead cat bounce' scenario where speculative traders chase a falling knife without any underlying business recovery to support the thesis. There is no dividend to provide income, and the statistical models correctly flag the short-term outlook as weak due to the lack of reliable data patterns in such a distressed environment. Avoid this security entirely.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.255890
MSTL0.266260
AutoARIMA0.273786
AutoETS0.274127

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 38%
H-stat 9.12
Ljung-Box p 0.000
Jarque-Bera p 0.086
Excess Kurtosis 0.20
Attribute Value
Sector Technology
Debt to Equity Ratio 63.408
Revenue per Share 0.021
Market Cap 18,985,508
Forward P/E -9.08
Beta 0.53
Website https://www.smartglass.com

As of July 11, 2026, 3:51 a.m. EDT: Speculators are exclusively positioning for upside moves, evidenced by the complete absence of put activity and heavy open interest in out-of-the-money calls. However, this bullish positioning is detached from reality, as the strikes are priced far above the current trading range and implied volatility remains historically low, suggesting a lack of genuine fear or hedging demand.


Info Dump

Attribute Value
52 Week Change -0.65625
Address1 240 Crossways Park Drive
All Time High 40.0
All Time Low 0.48
Ask 0.5301
Ask Size 4
Average Daily Volume10 Day 84,250
Average Daily Volume3 Month 43,668
Average Volume 43,668
Average Volume10Days 84,250
Beta 0.532
Bid 0.54
Bid Size 1
Book Value 0.051
City Woodbury
Compensation As Of Epoch Date 1,767,139,200
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.5445
Current Ratio 6.38
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 0.579
Day Low 0.5305
Debt To Equity 63.408
Earnings Call Timestamp End 1,778,185,800
Earnings Call Timestamp Start 1,778,185,800
Earnings Timestamp 1,778,184,000
Earnings Timestamp End 1,786,046,400
Earnings Timestamp Start 1,786,046,400
Ebitda -2,413,385
Ebitda Margins 0.0
Enterprise To Ebitda -7.805
Enterprise To Revenue 26.995
Enterprise Value 18,836,938
Eps Forward -0.06
Eps Trailing Twelve Months -0.07
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 516 364 3798
Fifty Day Average 0.7098
Fifty Day Average Change -0.16530001
Fifty Day Average Change Percent -0.23288251
Fifty Two Week Change Percent -65.625
Fifty Two Week High 2.7
Fifty Two Week High Change -2.1555
Fifty Two Week High Change Percent -0.7983333
Fifty Two Week Low 0.48
Fifty Two Week Low Change 0.064500004
Fifty Two Week Low Change Percent 0.134375
Fifty Two Week Range 0.48 - 2.7
Financial Currency USD
First Trade Date Milliseconds 521,213,400,000
Float Shares 27,190,946
Forward Eps -0.06
Forward P E -9.075
Free Cashflow -435,808
Full Exchange Name NasdaqCM
Full Time Employees 5
Gmt Off Set Milliseconds -14,400,000
Gross Margins -2.5101
Gross Profits -1,751,527
Has Pre Post Market Data 1
Held Percent Insiders 0.15338999
Held Percent Institutions 0.13738
Implied Shares Outstanding 34,867,786
Industry Electronic Components
Industry Disp Electronic Components
Industry Key electronic-components
Ir Website http://www.snl.com/irweblinkx/corporateprofile.aspx?iid=4104621
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Last Split Date 761,356,800
Last Split Factor 5:4
Long Business Summary Research Frontiers Incorporated, together with other subsidiary, engages in the development and marketing of technology and devices to control the flow of light worldwide. It develops and licenses suspended particle device (SPD-Smart) light-control technology to companies that manufacture and market the SPD-Smart chemical emulsion, light-control film made from the chemical emulsion, the light-control panels made by laminating the film, and electronics to power end-products incorporating the film, as well as lamination services for and the end-products, such as windows, skylights, and sunroofs. The company's SPD-Smart light-control technology is used in various product applications, including windows, sunshades, skylights, and interior partitions for homes and buildings; automotive windows, sunroofs, sun-visors, sunshades, rear-view mirrors, instrument panels, heads up displays and navigation systems; aircraft windows; museum display panels, and eyewear products; and flat panel displays for electronic products. It serves architectural, automotive, marine, and aerospace and appliance applications. The company was incorporated in 1965 and is headquartered in Woodbury, New York.
Long Name Research Frontiers Incorporated
Market us_market
Market Cap 18,985,508
Market State PRE
Max Age 86,400
Message Board Id finmb_300002
Most Recent Quarter 1,774,915,200
Net Income To Common -2,393,262
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 19,836,283
Open 0.5305
Operating Cashflow -1,447,821
Operating Margins -3.8909698
Payout Ratio 0.0
Peg Ratio 3.15
Phone 516 364 1902
Previous Close 0.55
Price Hint 4
Price To Book 10.676471
Price To Sales Trailing12 Months 27.208015
Profit Margins 0.0
Quick Ratio 5.771
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00550002
Regular Market Change Percent -1.0
Regular Market Day High 0.579
Regular Market Day Low 0.5305
Regular Market Day Range 0.5305 - 0.579
Regular Market Open 0.5305
Regular Market Previous Close 0.55
Regular Market Price 0.5445
Regular Market Time 1,783,972,801
Regular Market Volume 24,922
Return On Assets -0.44224
Return On Equity -1.13697
Revenue Growth -0.756
Revenue Per Share 0.021
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 34,867,786
Shares Percent Shares Out 0.0092
Shares Short 321,566
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 342,110
Short Name Research Frontiers Incorporated
Short Percent Of Float 0.0099
Short Ratio 6.22
Source Interval 15
State NY
Symbol REFR
Total Cash 1,279,301
Total Cash Per Share 0.037
Total Debt 1,130,730
Total Revenue 697,791
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.07
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.1886
Two Hundred Day Average Change -0.64409995
Two Hundred Day Average Change Percent -0.541898
Type Disp Equity
Volume 24,922
Website https://www.smartglass.com
Zip 11,797-2033