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Research Frontiers Incorporated (NASDAQ:REFR) Q2 2025 Earnings Conference Call August 7, 2025 4:30 PM ET

Company Participants

Joseph M. Harary - CEO, President, General Counsel, Corporate Secretary & Director

Conference Call Participants

Alan Ginsberg - Unidentified Company
Art Brady - Unidentified Company
Bruce Danny - Unidentified Company
Jared Sherman - Unidentified Company
John Nelson - Unidentified Company
Leonard Litzau - Unidentified Company
Neal Goldman - Unidentified Company

Operator

Good afternoon and welcome to Research Frontiers' Investor Conference Call to discuss the Second Quarter 2025 Results of Operations and Recent Developments. The company will be answering many of the questions that were e-mailed to it prior to this 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 e-mail questions prior to this call or will do so afterwards in order to answer more questions of general interest to shareholders on the 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 Frontiers assumes no obligation to update or revise these statements. [Operator Instructions] The call is being recorded and will be 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.

Joseph M. Harary

Thank you, Erica. Hello, everyone, and welcome to our second quarter of 2025 investor conference call. From an accounting perspective, the second quarter of 2025 results look disappointing, but much of this relates to onetime and noncash charges and expenses that we elected to take in the second