Used in organic electronics due to its unique antiaromatic character and extended π-conjugation, enabling application in semiconducting materials and optoelectronic devices. Serves as a building block in synthesizing novel carbon-rich materials and graphene-like structures. Investigated for use in organic light-emitting diodes (OLEDs) and field-effect transistors (OFETs) owing to its electron-accepting properties and charge transport capabilities. Also employed in catalysis and as a ligand precursor in transition metal complexes for cross-coupling reactions.