On this page of Benford's Law Stocks.com we present our study of RESEARCH FRONTIERS INCORPORATED — ticker symbol REFR. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 3/7/2024 to 3/6/2025 for RESEARCH FRONTIERS INCORPORATED under CIK number 0000793524. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for REFR, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for RESEARCH FRONTIERS INCORPORATED based on the past REFR filings our system processed in the past.
37.7
19.1
14.1
7.2
7.8
2.8
2.5
6.1
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 361
Recent share count: 33,517,787 (3's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
361
Low count compared to other filers, falling in the bottom quartile. At this number count, it would take about 4 numbers to move any given column by a full percentage point.
79

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 1's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 3's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points upon observing the 6's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 7's percentage was below the typical coverage universe range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 8's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 9's percentage was below the typical coverage universe range.
Benford's Law Stocks Indicator
REFR
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
YCBD
ZEO
MSGM
NMGX
CDRPB
CATX
TPET
SXTP
Check our work! We provide our RESEARCH FRONTIERS INCORPORATED Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the REFR filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 136 numbers that start with the digit 1. Here they are:
1
1
1
1,994,186
1,253,450
1,003,404
15,052
1,222,640
178,715
129,875
14,192
1,166,285
1,435,312
100,000,000
128,177,193
127,779,221
125,576,223
124,264,841
1,335,531
1,441,873
124,938
1,311,382
1,908,364
127,150,027
122,356,477
144,728
144,728
1,908,364
1,908,364
127,779,221
124,264,841
127,779,221
124,264,841
1
130,434
13
1,311,382
1,311,382
128,177,193
125,576,223
128,177,193
125,576,223
1,311,382
1,908,364
144,728
144,794
196,406
1,623
1,558
1,623
1,754,958
1,994,186
1,281,319
125.6
1.2
17
12
10
10
15
11
11
16
16
13
144,728
1,335,531
1,056,190
1,006,903
172,809
176,340
188,764
167,639
191,852
128,415
142,734
14,978
14,745
104,998
148,535
154,282
151,190
187,245
185,247
11,191
12,603
15,191
1,441,873
1,395,546
1,393,923
15,052
14,192
112,000
110,000
12,274,000
12,939,000
14,238,000
14,719,000
13,981,000
14,681,000
1,023,000
12,681,000
173,000
1,500,000
1,500,000
130,434
130,434
1,400,000
138,501
144,728
1.06
1.02
1,246,960
1.02
1,215,372
1.68
148,383
1.02
1,142,988
171,990
1.35
1.35
130,434
1,630,434
1,630,343
15
1,659,000
1,296,160
129,875
1,166,285
15
10
15
100
13
18
We found 69 numbers that start with the digit 2. Here they are:
2,475,958
2,745,889
212,359
269,027
277,431
2,604,335
2,207,397
2,359,634
2,777,404
2,942,900
2,033,302
299,987
2,604,335
2,604,335
26,169
27,348
25,001
237,394
252,881
2,295,051
2,475,958
2,475,958
2.5
2.0
2.6
250,000
23
22,853
28
2,773,422
232,439
226,280
206,700
2,207,397
2,359,634
201,074
202,098
2,033,302
2,809,931
2,808,308
2,794,879
2,768,710
263,000
263,000
232,000
257,000
272,000
257,000
225,000
257,000
257,000
275,000
2,688,000
2,515,000
2.0
2.30
223,000
223,000
254,588
2.48
2.13
2,899,991
2.52
2,079,143
2.76
2.76
213,000
227,000
217,000
We found 51 numbers that start with the digit 3. Here they are:
33,648,221
3,576,146
39,598
3,850,525
332,794
33,648,221
33,509,287
3,365
3,351
3,517,731
3,850,525
35,152
33,520,904
33,453,627
33,150,396
3,315
358,891
36
33,509,287
3,351
3,517,731
33,509,287
3,351
3,517,731
300,000
33,648,221
3,365
33,648,221
3,365
320,190
3,294
300,000
308,670
34
39
3,294,515
33,152
39,598
360
360
35,000
38,000
38,000
3,450,000
300,000
3.84
3.35
358,891
3.20
362,840
35,152
4's 5's 6's
We found 26 numbers that start with the digit 4. Here they are:
4,039,647
4,039,647
4,796,865
484,466
484,502
4,189
40,386
484,502
484,502
481,772
4,230,916
42,853
46,324
48,167
4,800
4,800
401,000
44,815,000
4.38
4.77
461,957
4.33
450,000
481,000
40
40
We found 28 numbers that start with the digit 5. Here they are:
52,439,939
56,066
56,066
50,880
53,327
55,363
570,007
583,266
57,149
508,805
5,434,386
5,491,535
55,591
570,007
583,266
53,764
53,764
584,967
584,967
53,327
56,000
57,496,000
5.47
579,143
5
5.5
511,000
50
We found 10 numbers that start with the digit 6. Here they are:
658,213
6
67,366
61,749
65,500
62,000
6,000
622,000
67,510
625,000
7's 8's 9's
We found 9 numbers that start with the digit 7. Here they are:
74,080
788,819
70
775,654
775,654
700,000
73
75
7.0
We found 22 numbers that start with the digit 8. Here they are:
85,825
8,500
8,669
8,670
89,316
89,316
89,316
8,670
89,316
83,771
822,000
834,000
80
821,000
850,000
84,500
89,316
84,499
8,500
80
80
8
We found 10 numbers that start with the digit 9. Here they are:
93,490
96,784
909,598
95,339
95,000
95
909,598
9,032
975,000
9
While the above REFR 10K Filed 3/6/2025 is interesting in isolation, we have found that it is also useful to take a look at older RESEARCH FRONTIERS INCORPORATED filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10K Filed 3/6/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical REFR 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

37.7
19.1
14.1
7.2
7.8
2.8
2.5
6.1
2.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 361

= Typical REFR range from 3/7/2024 to 3/6/2025
24.3
16.0
28.2
12.7
7.7
1.7
2.8
5.5
1.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 63
XBRL?   [ original filing ]
Total numbers found: 181

= Typical REFR range from 3/7/2024 to 3/6/2025
35.6
15.0
24.5
6.9
6.4
1.7
3.4
5.2
1.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 233

= Typical REFR range from 3/7/2024 to 3/6/2025
33.7
19.3
19.3
7.7
10.0
3.7
1.3
2.7
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 300

= Typical REFR range from 3/7/2024 to 3/6/2025
33.2
12.9
24.1
8.6
8.6
0.9
3.0
4.7
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 232

= Typical REFR range from 3/7/2024 to 3/6/2025
 

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