Used primarily in the field of organic electronics, this compound serves as a key component in the development of conductive materials. It is particularly valued for its role in the synthesis of organic superconductors and semiconductors, where its ability to facilitate electron transfer is crucial. Additionally, it finds application in the creation of charge-transfer complexes, which are essential for the advancement of molecular electronics and photovoltaic devices. Its unique electronic properties also make it suitable for research in nonlinear optics, contributing to the development of new optical materials and devices.