---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-016276"
form_type: "8-K"
ticker: "KOPN"
cik: "0000771266"
company_name: "KOPIN CORP"
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T05:15:56.422220+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kopin Q1 product revenue up 17.6%, gross margin positive, net loss widens to $2.6M

## Summary
- Total revenue $10.8M (-7% YoY); product revenue grew 17.6% driven by defense (+35%).
- Product gross margin improved to 13.5% from (19.6%); R&D expense down 57% to $2.3M.
- Net loss attributable to Kopin $2.6M ($0.03/sh) vs $1.4M ($0.02/sh) in Q1 2022.
- Operating expenses decreased 29.5% YoY; positive book-to-bill in Q1; cash flow breakeven target by year-end.

## SEC filing metadata
- accession: 0001493152-23-016276
- form_type: 8-K
- ticker: KOPN
- cik: 0000771266
- company_name: KOPIN CORP
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771266/000149315223016276/0001493152-23-016276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771266/000149315223016276/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-016276
- JSON: https://secwatch.observer/filing/0001493152-23-016276.json
- Plain text: https://secwatch.observer/filing/0001493152-23-016276.txt

## Key facts
- Earnings Releases
  KOPIN CORP reported the first quarter ended April 1, 2023 results: revenue $10.8 million, net income $2.6 million, EPS $0.03 per share.
  - Period: the first quarter ended April 1, 2023
  - Revenue: $10.8 million
  - Net income: $2.6 million
  - EPS: $0.03 per share
  - Result: reported results
  source text: Total revenues for the first quarter ended April 1, 2023 were $10.8 million, compared to $11.6 million for the first quarter ended March 26, 2022, a 7% decrease.
  evidence_url: https://www.sec.gov/Archives/edgar/data/771266/000149315223016276/0001493152-23-016276-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.