<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 ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1998
<CASH>                                       3,618,515
<SECURITIES>                                 4,586,328
<RECEIVABLES>                                   72,923
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             8,424,706
<PP&E>                                         218,093
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               8,666,554
<CURRENT-LIABILITIES>                          213,520
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    10,960,963
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 8,666,554
<SALES>                                         50,000
<TOTAL-REVENUES>                               359,780
<CGS>                                                0
<TOTAL-COSTS>                                1,725,109
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                            (1,365,329)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,365,329)
<EPS-PRIMARY>                                   (0.13)
<EPS-DILUTED>                                   (0.13)