Financial Statements — KOPN
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | 24.88 | 34.10 | 26.51 | 24.37 | 15.33 | 14.53 | 10.04 | 14.12 | 9.60 | 10.11 | 8.58 | 9.63 | 13.63 | 21.87 | 28.35 | 27.36 | 32.20 |
| Short-term Investments | -- | -- | -- | 2.42 | 16.20 | 21.71 | 7.59 | 6.94 | 11.61 | 15.56 | 21.03 | 5.38 | 4.93 | 4.45 | 3.41 | 3.42 | 3.43 |
| Accounts Receivable | 10.73 | 3.44 | 6.36 | 9.48 | 7.19 | 9.23 | 7.41 | 6.80 | 7.12 | 6.17 | 5.61 | 8.53 | 7.05 | 6.78 | 7.35 | 7.44 | 7.81 |
| Inventory | 4.73 | 4.98 | 6.29 | 6.69 | 6.06 | 6.56 | 5.65 | 6.12 | 9.07 | 7.88 | 6.82 | 6.66 | 6.93 | 7.13 | 6.74 | 6.25 | 5.46 |
| Total Current Assets | 79.29 | 82.42 | 53.18 | 52.64 | 57.12 | 63.00 | 40.32 | 41.99 | 45.37 | 45.92 | 46.80 | 36.53 | 40.06 | 44.99 | 50.64 | 50.00 | 52.05 |
| Property, Plant & Equipment | 7.30 | 3.67 | 2.75 | 2.68 | 2.38 | 2.02 | 2.14 | 2.21 | 1.79 | 1.80 | 1.83 | 1.63 | 1.74 | 1.94 | 1.86 | 1.86 | 1.66 |
| Total Non-current Assets* | 8.47 | 20.01 | 4.77 | 4.90 | 4.33 | 4.32 | 4.62 | 4.54 | 4.47 | 4.65 | 4.83 | 5.17 | 5.51 | 5.57 | 3.58 | 3.12 | 3.18 |
| Total Assets | 106.26 | 102.44 | 61.22 | 61.18 | 65.04 | 70.58 | 49.05 | 51.27 | 54.61 | 55.36 | 59.52 | 49.48 | 55.57 | 60.29 | 58.95 | 57.82 | 59.92 |
| Accounts Payable | 4.85 | 5.71 | 6.13 | 4.13 | 3.43 | 4.39 | 5.71 | 8.99 | 7.19 | 6.51 | 3.84 | 4.94 | 4.86 | 5.87 | 3.64 | 5.10 | 5.59 |
| Total Current Liabilities | 36.39 | 31.53 | 36.27 | 41.43 | 40.94 | 43.95 | 45.35 | 42.51 | 16.06 | 14.91 | 11.75 | 15.12 | 14.94 | 17.07 | 13.70 | 16.08 | 15.50 |
| Total Non-current Liabilities* | 0.66 | 2.49 | 3.62 | 3.72 | 3.41 | 3.91 | 3.92 | 3.82 | 4.17 | 4.53 | 4.87 | 4.15 | 5.24 | 4.52 | 2.21 | 1.92 | 2.05 |
| Total Liabilities* | 37.05 | 34.02 | 39.89 | 45.14 | 44.36 | 47.85 | 49.26 | 46.33 | 20.24 | 19.44 | 16.63 | 19.27 | 20.18 | 21.59 | 15.91 | 18.01 | 17.55 |
| Retained Earnings | (402.34) | (403.17) | (406.23) | (410.31) | (405.15) | (400.09) | (396.63) | (390.70) | (351.67) | (349.22) | (341.04) | (332.25) | (326.10) | (320.45) | (315.77) | (313.64) | (309.79) |
| Total Stockholder Equity | 69.21 | 60.83 | 21.32 | 16.04 | 20.68 | 22.73 | (0.22) | 4.94 | 34.37 | 35.93 | 42.90 | 30.38 | 35.56 | 38.87 | 43.04 | 39.82 | 42.37 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 12.73 | 10.55 | 8.37 | 11.96 | 8.45 | 10.54 | 14.65 | 13.32 | 12.34 | 10.03 | 8.58 | 10.60 | 10.46 | 10.76 | 12.18 | 11.73 | 11.91 | 11.58 | 13.20 | 10.89 |
| Research & Development | 1.20 | 1.11 | 0.13 | 2.50 | 1.95 | 2.12 | (0.70) | 2.60 | 1.84 | 2.10 | (4.93) | 3.09 | 3.13 | 2.31 | (5.61) | 3.44 | 5.15 | 5.41 | (4.74) | 3.75 |
| Selling, General & Admin | 5.13 | 6.02 | 5.07 | 1.63 | 4.90 | 4.70 | 3.14 | 5.21 | 7.27 | 7.23 | 5.93 | 4.80 | 6.47 | 4.65 | 4.85 | 4.32 | 4.33 | 4.46 | 4.12 | 4.04 |
| Total Operating Expenses | 16.24 | 16.54 | 13.39 | 7.43 | 13.92 | 14.45 | 16.86 | 16.12 | 17.79 | 42.67 | 15.37 | 13.33 | 15.30 | 13.58 | 18.41 | 15.75 | 17.38 | 17.66 | 16.82 | 12.93 |
| Operating Income | (3.50) | (5.99) | (5.02) | 4.53 | (5.46) | (3.91) | (2.21) | (2.80) | (5.46) | (32.64) | (6.79) | (2.73) | (4.84) | (2.83) | (6.22) | (4.02) | (5.47) | (6.08) | (3.62) | (2.05) |
| Pretax Income | (1.26) | (3.70) | 6.86 | 4.13 | (5.11) | (3.06) | (1.90) | (3.34) | (5.92) | (32.55) | (6.45) | (2.41) | (8.14) | (2.59) | (6.12) | -- | -- | -- | (3.27) | (2.10) |
| Tax Provision | (2.09) | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.13 | -- | -- | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 |
| Net Income | 0.83 | (3.75) | 6.81 | 4.08 | (5.17) | (3.11) | (1.95) | (3.46) | (5.92) | (32.55) | (6.49) | (2.45) | (8.18) | (2.63) | (6.16) | (6.15) | (5.65) | (1.37) | (3.31) | (2.13) |
| Basic EPS | 0.00 | (0.02) | 0.04 | 0.02 | (0.03) | (0.02) | 0.02 | (0.03) | (0.05) | (0.27) | (0.06) | (0.02) | (0.07) | (0.03) | (0.06) | (0.07) | (0.06) | (0.02) | -- | -- |
| Diluted EPS | 0.00 | (0.02) | 0.04 | 0.02 | (0.03) | (0.02) | 0.02 | (0.03) | (0.05) | (0.27) | (0.06) | (0.02) | (0.07) | -- | -- | -- | -- | -- | -- | -- |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | (4.33) | (0.81) | (7.86) | (0.11) | (4.16) | (3.41) | (1.59) | (6.46) | (3.08) | (3.11) | (3.47) | (3.80) | (3.82) | (4.17) | (2.08) | (4.17) | (9.15) | (2.28) | (1.69) | (3.45) |
| Capital Expenditures | 3.81 | 1.30 | -- | 1.34 | 0.73 | 0.50 | 0.49 | 0.01 | 0.07 | 0.25 | -- | 0.48 | 0.13 | 0.22 | 0.19 | 0.04 | 0.08 | 0.52 | 0.17 | 0.19 |
| Free Cash Flow* | (8.14) | (2.11) | -- | (1.45) | (4.89) | (3.91) | (2.08) | (6.47) | (3.14) | (3.35) | -- | (4.28) | (3.95) | (4.39) | (2.28) | (4.20) | (9.24) | (2.81) | (1.86) | (3.65) |
| Investing Cash Flow | (3.81) | (1.30) | (2.18) | 2.32 | 13.28 | 4.59 | 0.15 | (14.25) | (0.70) | 4.52 | (0.42) | 3.80 | 5.33 | (16.84) | 0.81 | (0.52) | (1.08) | (2.52) | 0.73 | (0.22) |
| Financing Cash Flow | (1.07) | (0.03) | 44.11 | (0.07) | (0.09) | -- | 1.08 | 25.20 | 0.00 | 7.24 | 0.00 | 0.00 | 0.00 | 21.34 | (0.10) | 0.83 | 2.03 | (0.10) | (0.57) | 4.69 |
* Derived from reported values
