Research Frontiers Inc (REFR)
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
$0.41+1.12%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyHardware, Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · REFR
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Respond to Nasdaq deficiency notification due to low stock price and work to regain compliance with listing standards.
Newly stated in 2026-Q2. The company received Nasdaq deficiency notifications in June 2026 due to the closing bid price failing to meet listing standards over 30 consecutive business days. This is a regulatory priority newly emphasized in 2026-Q2 with no prior quarters stating it. The financials show ongoing operating losses and negative net income, which may impact recovery efforts. The trajectory is newly focused with regulatory risk present.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated weak grew net income 47% of the time over the next year (vs 59% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Received deficiency notification letters from Nasdaq for closing bid price below required level.”
Completed a private placement of 1.1 million shares at $1.00 per share with accredited investors to raise funds for operations.
Newly stated in 2026-Q1. The company completed a private placement raising capital by issuing 1.1 million shares at $1.00 each in February 2026. This capital raise is a strategic priority to support operations amid ongoing losses. The financials show continued negative operating income and net income, indicating the capital raise is necessary. The trajectory is newly focused on capital support.
“Entered into subscription agreements with private investors for 1.1 million shares at $1.00 per share.”
Continue efforts to manage and reduce operating losses and negative cash flow from operations.
Stated as a priority in 8 of last 8 quarters. Operating income has remained negative, worsening from -$231,704 in 2024-Q3 to -$669,754 in 2026-Q2. Net income also declined from -$166,816 to -$660,168 over the same period. Cash from operations swung from positive $47,080 in 2024-Q4 to negative $759,931 in 2026-Q1. The trajectory shows persistent operating losses and negative cash flow, indicating limited progress in reversing losses.
“Operating income negative $669,754 and net income negative $660,168.”
“Operating income negative $530,413 and net income negative $525,365.”
“Operating income negative $773,543 and net income negative $765,563.”
“Operating income negative $303,944 and net income negative $298,508.”
“Operating income negative $815,104 and net income negative $803,826.”
“Operating income negative $239,577 and net income negative $177,687.”
“Operating income negative $624,285 and net income negative $607,940.”
“Operating income negative $231,704 and net income negative $166,816.”
Over the trailing year it converted 1.44x of net income into operating cash flow.
Not enough signal yet.
Not enough signal to read sensitivity to the broad stock market, the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
3 material management or governance events in the past 24 months, led by executive changes. Historically, Information Technology names rated stable grew net income 54% of the time over the next year (vs 60% for the rest of the cohort, n=2709).
Not investment advice. As of 2026-09-04.