secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001493152-24-044530
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kopin Q3 revenue $13.3M (+26% YoY); defense product rev +109% but net loss widens
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- Total revenue $13.3M, up 26% YoY; product revenues up 98% YoY driven by defense (+109%).
- Net loss $3.5M ($0.03/share) vs $2.5M ($0.02/share) a year ago; includes $1.1M non-cash impairment.
- Cost of product revenues improved to 76% from 99% of product revs due to favorable mix and quality.
- Achieved production qualification for Collins Aerospace F-35 HMDS and received $2M follow-on order for AMLCD.
- Guidance: double-digit revenue growth for 2024; path to profitability reaffirmed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000149315224044530/0001493152-24-044530-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000149315224044530/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-044530

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