REFRResearch Frontiers Incorporated

$32M

Q4 2022 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$129,902-38.9% YoY

Gross Profit

$86,02566.2% margin

Operating Income

-$820,086-631.3% margin

Net Income

-$815,434-627.7% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-13.7%

Cash Flow

Operating Cash Flow

-$567,179

Free Cash Flow

-$567,230

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5M

Total Liabilities

$569,586

Stockholders' Equity

$5M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$129,902	$212,508	-38.9%
Gross Profit	$86,025	-$609,643	+114.1%
Operating Income	-$820,086	-$769,440	-6.6%
Net Income	-$815,434	-$782,724	-4.2%

REFR Q4 2022 Earnings — Research Frontiers Incorporated Revenue & Financial Results | Market Cap Arena