REFRResearch Frontiers Incorporated

$32M

Q2 2018 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$324,853-6.7% YoY

Gross Profit

-$321,107-98.8% margin

Operating Income

-$571,931-176.1% margin

Net Income

-$569,891-175.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-25.0%

Cash Flow

Operating Cash Flow

-$428,885

Free Cash Flow

-$434,573

Stock-Based Comp.

$69,309

Balance Sheet

Total Assets

$3M

Total Liabilities

$460,153

Stockholders' Equity

$3M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$324,853	$348,179	-6.7%
Gross Profit	-$321,107	-$288,602	-11.3%
Operating Income	-$571,931	-$490,652	-16.6%
Net Income	-$569,891	-$489,812	-16.3%

REFR Q2 2018 Earnings — Research Frontiers Incorporated Revenue & Financial Results | Market Cap Arena