Atomera Q2 net loss narrows to $4.4M; cash $18.3M; adds VP of Business Development

Atomera Inc

2024-Q2 EPS reported -$0.35 revenue$90,000

Net loss of $4.4M ($0.16/share) vs $5.2M ($0.21/share) in Q2 2023; adjusted EBITDA loss $3.6M vs $4.3M.
Cash, cash equivalents & short-term investments $18.3M at June 30, 2024, down from $19.5M at Dec 31, 2023.
Launched MST RFSOI wafer substrates solution for cellular; filed first Chips Act proposal; added Shawn Thomas as VP Marketing & Business Development.
26 customer engagements across advanced nodes, RF-SOI, power, and DRAM; working with 50% of top 20 global semiconductor makers.

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