Research Frontiers (REFR)

• Market cap: $51.1M
• 1 day: 0.66%
• 5 days: 1.33%
• 1 month: -5.00%
• 3 months: -7.32%
• 6 months: 5.56%
• Year to date: -10.59%
• 1 year: -29.30%
• 5 years: -40.86%
• 10 years: -71.85%
• Sector: Technology
• Industry: Electronic Components

About: Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. The company's revenue source comes from the licensing of technology.

Employees: 6

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

10% more funds holding

Funds holding: 30 [Q4 2024] → 33 (+3) [Q1 2025]

1.11% more ownership

Funds ownership: 12.32% [Q4 2024] → 13.43% (+1.11%) [Q1 2025]

25% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 8

28% less capital invested

Capital invested by funds: $7.06M [Q4 2024] → $5.11M (-$1.96M) [Q1 2025]