RESEARCH FRONTIERS INC
For the period ended Dec 31, 2024. Filed Mar 6, 2025.
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FY2024 · Filed Mar 6, 2025
REFR$0.37-8.1%Stored close · as of Nov 10, 2026
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Consolidated Balance Sheets, December 31, 2024 and 2023
December 31, 2024 and 2023
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,994,186 | $2,475,958 |
| Royalties receivable, net of reserves of $1,253,450 in 2024 and 2023, respectively | 658,213 | 1,003,404 |
| Prepaid expenses and other current assets | 93,490 | 96,784 |
| Total current assets | 2,745,889 | 3,576,146 |
| Fixed assets, net | 15,052 | 39,598 |
| Operating lease ROU assets | 1,222,640 | 178,715 |
| Deposits and other assets | 56,066 | 56,066 |
| Total assets | $4,039,647 | $3,850,525 |
| Liabilities and Shareholders’ Equity | ||
| Current liabilities: | ||
| Current portion of operating lease liability | $129,875 | $212,359 |
| Accounts payable | 85,825 | 50,880 |
| Accrued expenses | 53,327 | 14,192 |
| Total current liabilities | 269,027 | 277,431 |
| Operating lease liability, net of current portion | 1,166,285 | 55,363 |
| Total liabilities | 1,435,312 | 332,794 |
| Shareholders’ equity: | ||
| Common stock, par value $0.0001 per share; authorized 100,000,000 shares, issued and outstanding 33,648,221 in 2024 and 33,509,287 in 2023 | 3,365 | 3,351 |
| Additional paid-in capital | 128,177,193 | 127,779,221 |
| Accumulated deficit | (125,576,223) | (124,264,841) |
| Total shareholders’ equity | 2,604,335 | 3,517,731 |
| Total liabilities and shareholders’ equity | $4,039,647 | $3,850,525 |
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