All three tenses have at least two readings, so the archetype blend applies as printed.
Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.
What did they actually do?
Has it survived what it has been through?
4 warning events since 2017; the latest 2026-06-05.
From the record
Research Frontiers Incorporated's filings since 2017 show 4 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2026-06-05); an auditor change (8-K item 4.01, the latest 2019-10-17) (its current reports).
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What has it actually done, year after year?
-4% a year over 8 filed years; profitable in 0 of 8.
From the record
Research Frontiers Incorporated's 8 filed years say what it did: revenue went from $1 million in fiscal 2018 to $1 million in fiscal 2025, down 4% a year; it rose in 4 of 7 years; the deepest fall was 65% from fiscal 2019 to fiscal 2022; net income was positive in 0 of 8 of those years (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How has it treated the people who own it?
SI estimate 5.9/10, confidence 35 of 100 (one part).
SI estimate Inferred, not read as filed
From the record
SI estimate, not a filed reading: Research Frontiers Incorporated's shareholder treatment is put at 5.9 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the top 41% of 11 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.
What are they doing right now?
Is it financially healthy right now?
ROE -219%: lost 219¢ per shareholder dollar. Leverage 59%: owes 59¢ per asset dollar.
From the record
Return on equity: in the fiscal year ended 2025-12-31, Research Frontiers Incorporated lost about 219 cents for every dollar of shareholders' money. Leverage: it owed about 59 cents per dollar of assets, and net share issuance: its share count grew 0.4% over the year (the filed statements).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
How strong is its position in its industry?
bottom 44% of 11 in its family; net margin -182.4%.
From the record
Research Frontiers Incorporated's standing among 11 graded names in its industry family: revenue of $1 million in fiscal 2025 ranks in the bottom 32% by size; a net margin of -182.4% ranks in the bottom 35%; revenue growth of 27.6% a year over the last 3 filed years ranks in the top 35% (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are the people in charge doing?
top 31% of 9 in its family for leadership; chief executive since 2009.
From the record
Research Frontiers Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Harary, Joseph M (President and CEO, as filed), filing under that title since 2009-01-05, 17.9 years (top 17% of its family); the 3 officers and directors filing in the last fifteen months have been on the record a median of 14.4 years (top 28%); 1 officer or director change was reported on Form 8-K since 2023-11-13, against the 3 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What are they set up to do next?
How much room does it have to grow?
top 47% of 11 in its family for room to expand.
From the record
Research Frontiers Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $664 thousand against no long-term debt tagged leaves 29.5% of its assets as net cash, top 45% of its family; cash from operations less capital spending is -118.6% of revenue (bottom 41%); research spending of 54.3% of revenue (top 37%) (its annual report).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
What could actually drive growth from here?
bottom 46% of 10 in its family for growth drivers.
From the record
Research Frontiers Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew 27.6% a year over the last three filed years against -4% over all 8, speeding up (top 15% of its family); the newest year grew -16.1% (bottom 15%); research spending grew -0% a year (top 50%); capital spending grew -17% a year (bottom 36%) (its annual reports). Research Frontiers Incorporated tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
Did its newest year beat what its own record pointed to?
bottom 39% of 9 in its family for expectations against reality.
From the record
Research Frontiers Incorporated's newest year against its own record: revenue of $1 million in fiscal 2025 came in 46.6% below the $2 million its prior three years' pace pointed to (bottom 5% of its family); net income of $2 million against a prior three-year average of $2 million (bottom 28%); a net margin of a loss larger than its revenue against losses larger than its revenue before (top 17%) (its annual reports).
What it rests on
A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.
The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made