Research Frontiers Incorporated
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $664.3K | $2.0M | $2.5M | $4.2M | $270.0K | $4.8M | $6.6M | $3.0M |
| Accounts Receivable | $408.7K | $658.2K | $1.0M | $589.6K | — | — | — | $689.7K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.1M | $2.7M | $3.6M | $4.9M | $3.9M | $5.4M | $7.3M | $3.7M |
| Property, Plant & Equipment | $3.4K | $15.1K | $39.6K | $65.4K | $93.0K | $121.8K | $141.7K | $313.2K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $2.3M | $4.0M | $3.9M | $5.4M | $4.5M | $6.2M | $8.3M | $4.1M |
| Liabilities | ||||||||
| Accounts Payable | $132.7K | $85.8K | $50.9K | $71.1K | $66.5K | $33.4K | $169.8K | $133.5K |
| Total Current Liabilities | $297.9K | $269.0K | $277.4K | $301.9K | $297.9K | $226.1K | $387.4K | $457.7K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $1.3M | $1.4M | $332.8K | $569.6K | $762.1K | $872.3K | $1.2M | $959.1K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-127.6M | $-125.6M | $-124.3M | $-122.4M | $-119.7M | $-117.8M | $-115.5M | $-111.7M |
| Total Stockholders' Equity | $933.6K | $2.6M | $3.5M | $4.8M | $3.8M | $5.3M | $7.1M | $3.1M |