Research frontiers inc (REFR)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

5,837

6,591

7,016

7,298

3,338

2,969

3,400

1,861

2,296

1,737

2,188

2,405

2,565

1,691

2,988

3,789

4,671

5,712

6,427

5,594

6,526

7,569

3,637

7,493

5,097

5,866

6,107

7,030

7,815

8,390

7,965

1,838

1,831

2,403

2,715

3,525

6,957

Royalties receivable, net of reserves of $885,598 as of March 31, 2020 and $1,135,598 as of December 31,2019

746

656

775

-

-

689

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

0

0

0

1,523

1,520

1,518

1,516

1,513

1,511

1,503

1,502

1,501

8,080

5,079

5,077

5,076

5,059

5,059

5,052

5,052

1,051

1,050

1,257

1,255

2,000

2,000

0

Royaltiesreceivable, net of reserves of $1,117,441 in 2019 and $1,094,774 in 2018

-

-

-

772

764

-

709

634

737

597

782

791

1,083

1,117

1,535

1,331

1,374

1,314

1,767

1,727

1,154

1,175

1,221

1,042

860

867

964

839

-

688

-

-

-

-

-

-

-

Royalty receivables, net of reserves of $92,723 in 2013 and 2012

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

798

-

573

537

442

334

154

110

380

Prepaid expenses and other current assets

182

58

105

102

151

52

96

108

91

29

51

64

78

256

63

80

79

133

77

94

78

121

76

52

80

135

74

64

88

201

73

50

692

169

124

113

118

Note receivable, SPD Control Systems

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

150

150

150

0

Total current assets

6,766

7,306

7,898

8,173

4,254

3,711

4,207

2,604

3,124

2,364

3,021

3,262

3,727

4,588

6,108

6,721

7,641

8,674

9,783

8,920

9,262

10,367

13,017

13,667

11,116

11,945

12,206

12,993

13,754

14,333

9,664

3,476

4,224

4,312

5,144

5,899

7,455

Fixed assets, net

94

141

239

287

268

313

358

403

443

482

526

569

611

651

695

738

790

836

881

927

827

660

151

96

101

64

70

72

59

59

66

69

76

82

88

96

109

Operating lease ROU assets

733

773

814

854

897

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits and other assets

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

33

-

33

33

33

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,508

1,505

1,503

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Note receivable, SPD Control Systems

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

150

Deposits and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

-

-

-

22

22

22

22

22

22

22

22

22

22

22

69

Total assets

7,627

8,256

8,986

9,349

5,454

4,058

4,599

3,041

3,601

2,881

3,581

3,865

4,373

5,274

6,837

7,493

8,465

9,544

10,698

11,389

11,628

12,564

13,201

13,797

11,251

12,032

12,298

13,088

13,837

14,415

9,754

3,569

4,323

4,417

5,256

6,017

7,784

Liabilities and Shareholders' Equity
Current liabilities:
Current portion of operating lease liabilities

163

163

163

159

158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

67

169

14

27

70

133

56

80

78

58

104

78

47

29

32

60

118

46

79

100

148

159

71

110

138

56

61

111

170

72

143

174

127

96

141

75

51

Accrued expenses and other

112

46

57

71

92

273

263

-

-

254

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

78

7

71

35

51

50

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other

-

-

-

-

-

-

-

276

288

-

270

291

339

339

572

631

417

421

273

265

267

323

186

194

201

80

-

-

-

145

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

128

177

-

122

-

-

188

-

-

-

Deferred revenue

-

-

-

-

-

-

38

102

153

-

46

32

33

0

10

20

30

-

10

22

32

-

16

22

56

25

63

127

191

25

78

156

187

25

89

189

25

Accrued expenses and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

142

241

-

100

131

235

Total current liabilities

422

387

307

293

371

457

358

460

519

313

421

402

420

369

614

711

566

468

362

388

449

482

273

327

396

162

255

367

539

242

343

473

556

309

332

396

312

Operating lease liabilities, net of current portion

772

812

851

894

936

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

749

501

510

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

1,195

1,200

1,158

1,188

2,056

959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commitments (note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

Shareholders' equity:
Common stock, par value $0.0001 per share; authorized 100,000,000 shares, issued and outstanding 31,411,107 in 2020 and 31,254,262 in 2019

3

3

3

3

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

1

1

1

1

1

1

Additional paid-in capital

122,552

122,552

122,067

122,002

115,889

114,787

114,784

112,946

112,877

111,627

111,551

111,551

111,551

111,551

111,483

111,483

111,483

111,483

110,929

110,827

110,524

110,210

109,594

108,950

105,319

105,584

102,741

102,559

102,355

101,642

96,275

89,095

88,977

88,513

88,506

88,402

87,744

Accumulated deficit

-116,124

-115,499

-114,243

-113,845

-112,494

-111,690

-111,056

-110,368

-109,798

-109,062

-108,394

-108,091

-107,601

-106,648

-105,263

-104,704

-103,587

-102,410

-100,595

-99,828

-99,347

-98,130

-96,668

-95,483

-94,466

-93,716

-90,700

-89,840

-89,061

-87,471

-86,867

-86,001

-85,211

-84,408

-83,584

-82,782

-80,274

Total shareholders' equity

6,431

7,056

7,827

8,160

3,397

3,099

3,730

2,581

3,081

2,567

3,159

3,462

3,952

4,904

6,222

6,782

7,899

9,075

10,336

11,001

11,179

12,082

12,928

13,470

10,855

11,869

12,043

12,721

13,297

14,172

9,410

3,096

3,767

4,107

4,924

5,621

7,472

Total liabilities and shareholders' equity

7,627

8,256

8,986

9,349

5,454

4,058

4,599

3,041

3,601

2,881

3,581

3,865

4,373

5,274

6,837

7,493

8,465

9,544

10,698

11,389

11,628

12,564

13,201

13,797

11,251

12,032

12,298

13,088

13,837

14,415

9,754

3,569

4,323

4,417

5,256

6,017

7,784