secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001157523-23-001707
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kopin Q3 revenue $10.6M, net loss narrows to $2.5M; record orders
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- Revenue $10.6M (down 10% YoY); product revenue fell to $5.5M, R&D revenue up 47%.
- Net loss attributable to Kopin $2.5M ($0.02 loss per share) vs $6.1M loss prior year, a 59% improvement.
- Fourth consecutive quarter of positive book-to-bill (~2:1); record orders including $12.8M Thermal Weapon Sight and $3.4M F-35 orders.
- R&D expenses down 10% to $3.1M; SG&A up to $4.8M due to legal costs and stock compensation.
- Management targets cash breakeven; expects significant production ramp in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000115752323001707/0001157523-23-001707-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000115752323001707/a53801757.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001707

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