Atomera FY2022 net loss $17.4M, cash down to $21.2M; one customer enters Phase Three

Atomera Inc

2022-FY EPS reported -$0.75 revenue$382,000

FY2022 revenue $382K, net loss $17.4M ($0.75/share) compared to $15.7M loss in FY2021.
Q4 2022 net loss $4.3M ($0.18/share) essentially flat vs Q4 2021 loss of $4.2M ($0.18/share).
Cash and equivalents $21.2M at Dec 31, 2022, down from $28.7M a year earlier.
One customer advanced to integration Phase Three; white paper on advanced node technologies released.
Adjusted EBITDA loss was $14.1M for FY2022 vs $12.5M in FY2021.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Atomera Inc reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Period: the fourth quarter and fiscal year ended December 31, 2022
Result: reported results

Exact text from the filing

On February 15, 2023, Atomera Incorporated issued a press release announcing its financial results for the three and twelve months ended December 31, 2022.

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Source: SEC EDGAR

accession 0001683168-23-000943

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