Research Frontiers Other Current Assets

Research Frontiers Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:

The assets grouped under other current assets are most commonly:

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Research Frontiers Other Current Assets Related Terms

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Research Frontiers Business Description

Industry

Technology » Hardware NAICS : 334419 SIC : 3679

Comparable Companies

AMEX:EMAN NAS:CPSH NAS:DSWL NAS:LPTH NAS:LINK NAS:SGMA OTCPK:MPAD AMEX:LGL NAS:NSYS NAS:DAIO TPE:2317 NYSE:APH TSE:6981 NYSE:TEL SZSE:002475 XKRX:006400 NYSE:GLW SZSE:000725 TPE:2308 HKSE:02382

Traded in Other Exchanges

N/A

Address

240 Crossways Park Drive, Woodbury, NY, USA, 11797-2033

Website

http://www.smartglass.com

Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. Its revenue source comes from the licensing of technology.

Executives

Douglas Family Trust	10 percent owner, other: 13(d)(3) group	125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939
James & Jean Douglas Irrevocable Descendants Trust	10 percent owner, other: 13(d)(3) group	125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939
Douglas Kevin	10 percent owner, other: 13(d)(3) group	125 E. SIR FRANCIS DRAKE BLVD. SUITE 400 LARKSPUR CA 94939
Settle William Graham	director	6003 COBRIDGE SQUARE RALEIGH NC 27609
Lapointe Michael R	officer: VP-Marketing	PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LAPOINTE MICHAEL R a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Harary Joseph M	director, officer: President and CEO	PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HARARY JOSEPH M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Van Voorhees Seth	officer: CFO & VP-Business Development	12 HARVEY DRIVE SHORT HILLS NJ 07078
Daigle Darryl	director	3213 WYTCHWOOD DRIVE MORGAN CITY LA 70380
Kaganowicz Alexander	director	1217 CARLLS STRAIGHT PATH DIX HILLS NY 11746
Grimes Gregory George	director	24 FIFTH AVENUE APT. 1530 NEW YORK NY 10011
Slovak Steven Michael	officer: Vice President-Technology	240 CROSSWAYS PARK DRIVE WOODBURY NY 11797
Saxe Robert L	director, officer: Chairman of the Board	PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SAXE ROBERT L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Keen Victor F	director	C/O RESEARCH FRONTIERS INC. 240 CROSSWAYS PARK DRIVE WOODBURY NY 11797
Guthrie Marion Philip	director	THREE LINCOLN CENTRE 5430 LBJ FWY., SUITE 1480 DALLAS TX 75240
Derby Jack	director	399 BOYLSTON STREET BOSTON MA 02117