Used as a redox-active dye in dye-sensitized solar cells and organic batteries due to its reversible electrochemical behavior. Its quinone structure enables efficient electron transfer, making it suitable for energy storage applications. Also investigated as a fluorescent probe in biological imaging because of its strong emission in the visible range and sensitivity to environmental polarity. Additionally, it serves as an intermediate in synthesizing anticancer agents, leveraging its ability to intercalate DNA and generate reactive oxygen species under light exposure.