Used in organic electronics, particularly in the development of organic semiconductors and photovoltaics, due to its excellent light absorption and charge transport properties. It is also employed in dye-sensitized solar cells (DSSCs) to enhance efficiency by optimizing light harvesting. Additionally, it serves as a key component in the synthesis of nonlinear optical materials, which are crucial for applications in laser technology and optical data storage. Its role in chemosensors is notable, where it helps detect metal ions and other analytes with high sensitivity. Furthermore, it is utilized in the field of medicinal chemistry for designing potential therapeutic agents, owing to its structural versatility and biological activity.