REFR Q1 2023 Earnings — Research Frontiers Incorporated Revenue & Financial Results | Market Cap Arena

REFRResearch Frontiers Incorporated

$32M

Q1 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$248,175+42.8% YoY

Gross Profit

$248,175100.0% margin

Operating Income

-$488,846-197.0% margin

Net Income

-$462,638-186.4% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+91.0%

Cash Flow

Operating Cash Flow

-$597,123

Free Cash Flow

-$597,825

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$500,706

Stockholders' Equity

$5M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$248,175	$173,828	+42.8%
Gross Profit	$248,175	-$426,870	+158.1%
Operating Income	-$488,846	-$575,695	+15.1%
Net Income	-$462,638	-$628,348	+26.4%