Atomera Q1 net loss $5.0M; signs commercial license with STMicroelectronics

Atomera Inc

2023-Q1 EPS reported -$0.21

Net loss $5.0M ($0.21/share) vs $4.1M loss ($0.18) in Q1 2022.
Cash & short-term investments $17.1M at Mar 31, down from $21.2M at Dec 31.
Operating expenses $5.2M, up from $4.3M a year ago.
Signed definitive commercial license with STMicroelectronics; pipeline includes 20 customers/26 engagements.
Developing MST-SPX for higher-voltage power devices; early results show up to 38% improvement.

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 first quarter ended March 31, 2023 results: net income ($5.0) million, EPS ($0.21) per basic and diluted share.

Period: first quarter ended March 31, 2023
Net income: ($5.0) million
EPS: ($0.21) per basic and diluted share
Result: reported results

Exact text from the filing

The Company incurred a net loss of ($5.0) million, or ($0.21) per basic and diluted share in the first quarter of 2023, compared to a net loss of ($4.1) million, or ($0.18) per basic and diluted share, for the first quarter of 2022.

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Source: SEC EDGAR

accession 0001683168-23-002650

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