secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2025-07-15T23:59:59+00:00
Accession:  0001493152-25-011249
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kopin Q1 revenue $10.5M (+5% YoY), net loss $3.1M vs $32.5M; book-to-bill 2.8:1
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- Total revenues $10.5M, up 5% YoY; product revenues up 2%, defense product revenues up 2.8%.
- Net loss $3.1M ($0.02/share) vs $32.5M ($0.27) in Q1 2024 which included $24.8M litigation reserve.
- Book-to-bill 2.8:1 with ~$28M in orders received; reaffirms double-digit revenue growth in 2025.
- Cost of product revenues improved to 83% of net product revenues from 95% due to increased efficiencies.
- SG&A decreased to $4.7M from $7.2M primarily due to $2.9M reduction in legal fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000149315225011249/0001493152-25-011249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000149315225011249/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-011249

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer