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Research Frontiers Incorporated (REFR) Q1 2025 Earnings Call Transcript

Research Frontiers Incorporated (NASDAQ:REFR) Q1 2025 Earnings Conference Call May 8, 2025 4:30 PM ET

Corporate Participants

Joe Harary – President and Chief Executive Officer

Conference Call Participants

Operator

Good afternoon and welcome to the Research Frontiers Investor Conference Call to discuss the First Quarter of 2025 results of operations and recent development.

The company will be answering many of the questions that were emailed prior to the conference call either in their presentation or as part of the Q&A session at the end. In some cases, the company has responded directly to email questions prior to the call or will do so afterwards. In order to answer more questions of general interest to shareholders on this call.

Some statements today may contain forward-looking information identified by words such as expect, anticipate, and forecast. These reflect current beliefs, and actual results may differ materially from those expressed due to various risk factors including detailed in our SEC filings.

Research Frontier assumes no obligation to update or revise these statements. Today’s call is in listen-only mode with a Q&A session to follow. [Operator Instructions]. The call is being recorded and will be made available for replay on Research Frontiers’ website at smartglass.com for the next 90 days.

[Operator Instructions]

I will now turn the conference over to Joe Harary, President and Chief Executive Officer of Research Frontiers. Please go ahead, sir.

Joe Harary

Thank you, Erica, and hello, everyone, and welcome to our first quarter of 2025 investor conference call.

Let’s start with our financial results. I’m pleased to report that the first quarter of 2025 marked another strong period of revenue growth and momentum for Research Frontiers driven by increased demand for SPD-SmartGlass, particularly in the automotive sector and also in the aircraft sector, with growing interest in new projects in the architectural

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