secwatch.observer — SEC 8-K summary
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Issuer:     KOPIN CORP (KOPN)
CIK:        0000771266
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001493152-25-021849
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/771266/000149315225021849/0001493152-25-021849-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/771266/000149315225021849/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-25-021849

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