<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FINANCIAL
STATEMENTS CONTAINED IN THE MOST RECENT QUARTERLY REPORT ON FORM 10-Q OF
RESEARCH FRONTIERS INCORPORATED FOR THE QUARTER ENDING SEPTEMBER 30, 1995 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               SEP-30-1995
<CASH>                                       1,134,450
<SECURITIES>                                 5,097,646
<RECEIVABLES>                                   37,258
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             6,308,071
<PP&E>                                         102,390
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               6,471,798
<CURRENT-LIABILITIES>                          110,810
<BONDS>                                              0
<COMMON>                                     9,464,819
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 6,471,798
<SALES>                                          1,500
<TOTAL-REVENUES>                               331,479
<CGS>                                                0
<TOTAL-COSTS>                                2,013,169
<OTHER-EXPENSES>                                70,895
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (1,752,585)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,752,585)
<EPS-PRIMARY>                                   (0.19)
<EPS-DILUTED>                                   (0.19)