Kopin posts Q3 net income of $4.1M vs loss; revenue down to $12M; $41M private placement after quarter

KOPIN CORP

2025-Q3 EPS reported -$0.03 vs consensus -$0.01 ▼ miss (-134.4%)

Net income of $4.1M ($0.02 EPS) versus net loss of $3.5M ($0.03 loss) in Q3 2024.
Total revenues $12.0M, down from $13.3M YoY; product revenues $10.7M vs $10.9M.
SG&A plunged to $1.6M from $5.2M, driven by ~$4.0M decrease in accrued legal expenses.
Cash $26M at quarter end; subsequent $41M private placement with Theon, Ondas, Unusual Machines.
New CFO Erich Manz started Sept 2; strategic partnerships & U.S. Army color MicroLED order announced.

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