KOPIN CORP
For the period ended Dec 28, 2024. Filed Apr 17, 2025.
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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.
FY2024 · Filed Apr 17, 2025
KOPN$3.04+10.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Fiscal year ended | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues: | |||
| Net product revenues | $43,576,723 | $25,937,170 | $32,420,397 |
| Research and development revenues | 5,996,362 | 13,454,866 | 14,357,222 |
| License and other revenues | 762,082 | 1,002,141 | 623,571 |
| Total revenues | 50,335,167 | 40,394,177 | 47,401,190 |
| Expenses: | |||
| Cost of product revenues | 36,164,120 | 24,952,431 | 32,558,748 |
| Research and development-funded programs | 3,802,372 | 7,177,027 | 10,279,660 |
| Research and development-internal | 5,832,782 | 3,600,066 | 8,387,898 |
| Selling, general and administrative | 22,844,719 | 21,842,157 | 17,965,097 |
| Litigation damages | 24,800,000 | — | — |
| Total operating expenses | 93,443,993 | 57,571,681 | 69,191,403 |
| Loss from operations | (43,108,826) | (17,177,504) | (21,790,213) |
| Non-operating (expense) income, net: | |||
| Interest income | 817,180 | 829,602 | 76,877 |
| Other income, net | 19,989 | 245,234 | 154,357 |
| Foreign currency transaction gains (losses) | 175,909 | (162,204) | (323,286) |
| (Loss) gain on remeasurement of investments | (1,612,148) | (3,327,347) | 2,700,000 |
| Total non-operating (expense) income | (599,070) | (2,414,715) | 2,607,948 |
| Loss before provision for income taxes and net loss of noncontrolling interest | (43,707,896) | (19,592,219) | (19,182,265) |
| Tax provision | (170,000) | (156,000) | (144,000) |
| Net loss | (43,877,896) | (19,748,219) | (19,326,265) |
| Net loss attributable to the noncontrolling interest | — | — | 348 |
| Net loss attributable to Kopin Corporation | $(43,877,896) | $(19,748,219) | $(19,325,917) |
| Net loss per share: | |||
| Basic and diluted | $(0.33) | $(0.18) | $(0.21) |
| Weighted average number of common shares outstanding: | |||
| Basic and diluted | 132,875,913 | 108,976,245 | 91,429,106 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.