secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2023-05-11T23:59:59+00:00
Accession:  0001493152-23-016276
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000149315223016276/0001493152-23-016276-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000149315223016276/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-016276

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