RESEARCH FRONTIERS INC

For the period ended Dec 31, 2025. Filed Mar 5, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Mar 5, 2026

REFR$0.37-8.1%Stored close · as of Nov 10, 2026

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Contents

Consolidated Balance Sheets, December 31, 2025 and 2024

December 31, 2025 and 2024

Assets	December 31, 2025	December 31, 2024
Current assets:
Cash and cash equivalents	$664,299	$1,994,186
Royalties receivable, net of reserves of $1,384,850 and $1,253,450 in 2025 and 2024, respectively	408,666	658,213
Prepaid expenses and other current assets	70,969	93,490
Total current assets	1,143,934	2,745,889
Fixed assets, net	3,393	15,052
Operating lease ROU assets	1,048,352	1,222,640
Deposits and other assets	56,066	56,066
Total assets	$2,251,745	$4,039,647
Liabilities and Shareholders’ Equity
Current liabilities:
Current portion of operating lease liability	$146,043	$129,875
Accounts payable	132,666	85,825
Accrued expenses	19,168	53,327
Total current liabilities	297,877	269,027
Operating lease liability, net of current portion	1,020,242	1,166,285
Total liabilities	1,318,119	1,435,312
Shareholders’ equity:
Common stock, par value $0.0001 per share; authorized 100,000,000 shares, issued and outstanding 33,648,221 in 2025 and 2024, respectively	3,365	3,365
Additional paid-in capital	128,552,068	128,177,193
Accumulated deficit	(127,621,807)	(125,576,223)
Total shareholders’ equity	933,626	2,604,335
Total liabilities and shareholders’ equity	$2,251,745	$4,039,647

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.