Used as an electron-accepting material in organic photovoltaics (OPVs), this compound plays a key role in enhancing the efficiency of organic solar cells. Its extended π-conjugated structure facilitates effective charge transport, while the dodecyl side chains improve solubility and film-forming properties in solution-processed devices. It is commonly employed in active layers alongside donor polymers to form bulk heterojunction systems, enabling efficient light absorption and charge separation. Additionally, its thermal stability and tunable energy levels make it suitable for use in perovskite solar cells and organic field-effect transistors (OFETs), contributing to improved device performance and longevity.