secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001493152-24-030666
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kopin Q2 revenues up 18% YoY to $12.3M; net loss narrows to $5.9M from $8.2M
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- Total revenues $12.3M (+18% YoY); product revenues up 84% driven by defense +106%.
- Net loss ($5.9M) or ($0.05)/share vs ($8.2M) or ($0.07)/share a year ago.
- Cost of product revenues improved to 79% from 95%; estimated $1.3M rework cost reduction.
- SG&A up to $7.3M due to $3.1M legal fees from BlueRadios lawsuit ($1.9M in Q2 2023).
- Five new customer development orders; selected for U.S. Army NG-SRI system targeting 2027 production.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000149315224030666/0001493152-24-030666-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000149315224030666/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-030666

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