Used primarily in organic synthesis as an intermediate for developing bioactive molecules and functional materials. Its conjugated structure makes it suitable for applications in fluorescent dyes and optoelectronic materials. It also serves as a building block in the preparation of polycyclic compounds with potential pharmaceutical relevance, including anticancer and antimicrobial agents. Due to its electron-deficient framework, it participates in cycloaddition and condensation reactions to form complex heterocyclic systems. Additionally, it has been explored in materials science for designing organic semiconductors and sensors.