Thu, Apr 17, 10:03 AM (25 days ago)
**Kopin Corporation (KOPN) Financial Summary** **Financial Performance (2024):** - **Revenue:** $50.34 million, up 25% from 2023. - **Net Income:** $(43.88) million, reflecting a net loss. - **Operating Expenses:** $93.44 million, including significant litigation damages. - **Earnings per Share (EPS):** $(0.33), indicating a loss per share. **Strategic Overview:** - **Market Focus:** Defense, industrial, medical, and emerging consumer AR/VR markets. - **Product Portfolio:** Microdisplays, display modules, and headsets. - **Technological Edge:** Proprietary technologies in AMLCD, LCOS, OLED, and MicroLED displays. **Future Outlook:** - **Growth Opportunities:** Expansion in defense, industrial, and consumer markets. - **Technological Advancements:** Development of NeuralDisplay™ for AR/VR applications. - **Market Position:** Strong in defense, expanding in industrial and consumer sectors. **Risk Factors:** - **Financial Condition:** Significant net losses and negative cash flow. - **Market Risks:** Dependence on defense contracts and supply chain disruptions. - **Operational Risks:** Litigation, regulatory compliance, and technological challenges. **Market Position Changes:** - **Defense Sales:** Increased to 82% of total revenue in 2024. - **Industrial and Medical Markets:** Growing, with new product developments. - **Consumer Market:** Potential growth in AR/VR technologies. **Note:** Amounts are in thousands, 000s.