Research Frontiers Q2 FY26 net loss narrows to $660,168; fee income falls to $86,346
REFR•Cash position
Cash and cash equivalents rose to $1,087,956 at June 30, 2026 from $664,299 at Dec. 31, 2025.
Quarterly results
Research Frontiers posted a Q2 net loss of $660,168, narrowing from $803,826 a year earlier.
Fee income fell to $86,346 from $129,904 in the prior-year quarter.
Operating loss narrowed to $669,754 from $815,104, while total expenses dropped to $756,100 from $945,008.
Management commentary
Management cited reduced SPD film production at supplier Gauzy as a near-term headwind, while adding a new licensee and advancing black SPD technology.




