earnings
confidence high
sentiment negative
materiality 0.65
Atomera Q3 net loss widens to $4.2M; cash drops to $31.8M
Atomera Inc
2022-Q3 EPS reported
-$0.52
revenue$400,000
- Net loss of $4.2M ($0.19 per share) vs. $3.6M loss in Q3 2020; adjusted EBITDA loss of $3.6M.
- Cash and cash equivalents $31.8M at Sept 30, 2021, down from $37.9M at Dec 31, 2020.
- Formal acceptance of 200mm and 300mm Epi deposition tool and facility achieved.
- Patent portfolio reached 298 issued and pending patents as of Sept 30, 2021.
- Customer engagements: 19 customers, 25 engagements; partner progressed toward production.