KOPIN CORP
For the period ended Dec 30, 2023. Filed Mar 14, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 14, 2024
KOPN$3.04+10.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Fiscal year ended | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenues: | |||
| Net product revenues | $25,937,170 | $32,420,397 | $29,882,271 |
| Research and development revenues | 13,454,866 | 14,357,222 | 14,668,471 |
| License and other revenues | 1,002,141 | 623,571 | 1,115,375 |
| Total revenues | 40,394,177 | 47,401,190 | 45,666,117 |
| Expenses: | |||
| Cost of product revenues | 24,952,431 | 32,558,748 | 25,052,383 |
| Research and development-funded programs | 7,177,027 | 10,279,660 | 9,976,103 |
| Research and development-internal | 3,600,066 | 8,387,898 | 6,312,148 |
| Selling, general and administrative | 21,842,157 | 17,965,097 | 18,100,519 |
| Total operating expenses | 57,571,681 | 69,191,403 | 59,441,153 |
| Loss from operations | (17,177,504) | (21,790,213) | (13,775,036) |
| Non-operating (expense) income, net: | |||
| Interest income | 829,602 | 76,877 | 31,142 |
| Other income, net | 245,234 | 154,357 | 265,509 |
| Foreign currency transaction (losses) gains | (162,204) | (323,286) | 139,014 |
| (Loss) gain on remeasurement of investments | (3,327,347) | 2,700,000 | — |
| Total non-operating (expense) income | (2,414,715) | 2,607,948 | 435,665 |
| Loss before provision for income taxes and net loss of noncontrolling interest | (19,592,219) | (19,182,265) | (13,339,371) |
| Tax provision | (156,000) | (144,000) | (129,000) |
| Net loss | (19,748,219) | (19,326,265) | (13,468,371) |
| Net loss attributable to the noncontrolling interest | — | 348 | 35,498 |
| Net loss attributable to Kopin Corporation | $(19,748,219) | $(19,325,917) | $(13,432,873) |
| Net loss per share: | |||
| Basic and diluted | $(0.18) | $(0.21) | $(0.15) |
| Weighted average number of common shares outstanding: | |||
| Basic and diluted | 108,976,245 | 91,429,106 | 88,831,532 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.