2019 Q3 Form 10-Q Financial Statement

#000077126619000075 Filed on August 08, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $6.139M $9.110M $5.944M
YoY Change 19.76% 53.26% 35.77%
Cost Of Revenue $4.690M $5.240M $3.500M
YoY Change 28.14% 49.71% 12.27%
Gross Profit $265.0K -$808.0K $974.0K
YoY Change -1756.25% -182.96% 19.36%
Gross Profit Margin 4.32% -8.87% 16.39%
Selling, General & Admin $5.130M $5.376M $6.914M
YoY Change -28.41% -22.24% 22.54%
% of Gross Profit 1935.86% 709.81%
Research & Development $2.390M $3.330M $4.526M
YoY Change -48.04% -26.42% 5.71%
% of Gross Profit 901.73% 464.7%
Depreciation & Amortization $160.0K $180.0K $580.0K
YoY Change -71.43% -68.97% 31.82%
% of Gross Profit 60.38% 59.55%
Operating Expenses $7.520M $8.706M $11.44M
YoY Change -36.09% -23.9% 15.28%
Operating Profit -$6.402M -$4.838M -$8.994M
YoY Change -37.84% -46.2% 3.82%
Interest Expense $30.00K $740.0K -$70.00K
YoY Change -142.86% -1157.14% -92.71%
% of Operating Profit
Other Income/Expense, Net -$77.82K $627.2K -$52.16K
YoY Change -144.49% -1302.47% -87.67%
Pretax Income -$6.479M -$4.211M -$9.046M
YoY Change -36.0% -53.45% -0.44%
Income Tax $26.00K $26.00K $201.0K
% Of Pretax Income
Net Earnings -$6.625M -$4.260M -$9.241M
YoY Change -32.34% -53.9% 17.6%
Net Earnings / Revenue -107.92% -46.76% -155.47%
Basic Earnings Per Share
Diluted Earnings Per Share -$80.80K -$51.98K -$126.4K
COMMON SHARES
Basic Shares Outstanding 84.09M shares 84.13M shares 76.53M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.02M $31.55M $53.42M
YoY Change -43.69% -40.93% -21.15%
Cash & Equivalents $8.758M $12.13M $22.74M
Short-Term Investments $17.26M $19.42M $30.68M
Other Short-Term Assets $1.400M $900.0K $1.300M
YoY Change 16.67% -30.77% 0.0%
Inventory $3.442M $3.700M $4.258M
Prepaid Expenses
Receivables $4.910M $4.904M $2.785M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $36.78M $42.29M $64.12M
YoY Change -35.35% -34.05% -15.18%
LONG-TERM ASSETS
Property, Plant & Equipment $1.622M $2.029M $5.126M
YoY Change -68.04% -60.41% 70.88%
Goodwill $0.00 $331.3K $1.769M
YoY Change -100.0% -81.26% -24.0%
Intangibles
YoY Change
Long-Term Investments $9.000M $9.100M $5.700M
YoY Change 60.71% 59.65%
Other Assets $844.0K $1.325M $2.173M
YoY Change -59.74% -39.03% 163.85%
Total Long-Term Assets $14.57M $16.07M $15.22M
YoY Change -1.07% 5.59% 80.04%
TOTAL ASSETS
Total Short-Term Assets $36.78M $42.29M $64.12M
Total Long-Term Assets $14.57M $16.07M $15.22M
Total Assets $51.35M $58.36M $79.34M
YoY Change -28.3% -26.45% -5.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.019M $4.117M $3.894M
YoY Change -28.62% 5.72% 0.41%
Accrued Expenses $7.200M $7.000M $4.100M
YoY Change 46.94% 70.73% -36.92%
Deferred Revenue $1.431M $1.227M $783.9K
YoY Change 233.8% 56.55%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $12.18M $12.88M $9.290M
YoY Change 21.1% 38.65% -38.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.400M $3.600M $2.200M
YoY Change 47.83% 63.64% 633.33%
Total Long-Term Liabilities $3.400M $3.600M $2.200M
YoY Change 47.83% 63.64% 633.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $12.18M $12.88M $9.290M
Total Long-Term Liabilities $3.400M $3.600M $2.200M
Total Liabilities $15.50M $16.40M $10.80M
YoY Change 32.48% 51.85% -30.32%
SHAREHOLDERS EQUITY
Retained Earnings -$293.9M -$288.5M -$251.8M
YoY Change 12.35% 14.57% 13.49%
Common Stock $345.1M $345.9M $334.6M
YoY Change 2.79% 3.38% 1.35%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.24M $17.24M $17.24M
YoY Change 0.0% 0.0% -59.67%
Treasury Stock Shares 4.513M shares 4.513M shares 4.513M shares
Shareholders Equity $35.81M $41.97M $68.54M
YoY Change
Total Liabilities & Shareholders Equity $51.35M $58.36M $79.34M
YoY Change -28.3% -26.45% -5.6%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$6.625M -$4.260M -$9.241M
YoY Change -32.34% -53.9% 17.6%
Depreciation, Depletion And Amortization $160.0K $180.0K $580.0K
YoY Change -71.43% -68.97% 31.82%
Cash From Operating Activities -$5.440M -$3.530M -$7.150M
YoY Change -21.95% -50.63% 8.02%
INVESTING ACTIVITIES
Capital Expenditures $10.00K -$50.00K -$190.0K
YoY Change -104.55% -73.68% -163.76%
Acquisitions
YoY Change
Other Investing Activities $2.160M -$1.550M $6.250M
YoY Change -44.19% -124.8% 50523.68%
Cash From Investing Activities $2.160M -$1.590M $6.060M
YoY Change -40.82% -126.24% -32.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.40K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -90.00K 680.0K -10.00K
YoY Change -6900.0%
NET CHANGE
Cash From Operating Activities -5.440M -3.530M -7.150M
Cash From Investing Activities 2.160M -1.590M 6.060M
Cash From Financing Activities -90.00K 680.0K -10.00K
Net Change In Cash -3.370M -4.440M -1.100M
YoY Change 1.51% 303.64% -145.95%
FREE CASH FLOW
Cash From Operating Activities -$5.440M -$3.530M -$7.150M
Capital Expenditures $10.00K -$50.00K -$190.0K
Free Cash Flow -$5.450M -$3.480M -$6.960M
YoY Change -19.26% -50.0% 0.62%

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us-gaap Share Based Compensation
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us-gaap Income Taxes Paid
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<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">BASIS OF PRESENTATION</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The condensed consolidated financial statements of Kopin Corporation as of </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and for the </span><span style="font-family:inherit;font-size:10pt;">three and six</span><span style="font-family:inherit;font-size:10pt;"> month periods ended </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">June 30, 2018</span><span style="font-family:inherit;font-size:10pt;"> are unaudited and include all adjustments that, in the opinion of management, are necessary to present fairly the results of operations for the periods then ended. These condensed consolidated financial statements should be read in conjunction with the Company’s financial statements and notes thereto, included in the Company's Annual Report on Form 10-K for the fiscal year ended </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;">. The results of the Company's operations for any interim period are not necessarily indicative of the results of the Company's operations for any other interim period or for a full fiscal year. As used in this report, the terms "we", "us", "our", "Kopin" and the "Company" mean Kopin Corporation and its subsidiaries, unless the context indicates another meaning.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Going Concern</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred net losses of </span><span style="font-family:inherit;font-size:10pt;"><span>$35.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> and net cash outflows from operations of </span><span style="font-family:inherit;font-size:10pt;"><span>$28.2 million</span></span><span style="font-family:inherit;font-size:10pt;"> for the fiscal year ended 2018. The Company incurred a net loss of </span><span style="font-family:inherit;font-size:10pt;"><span>$15.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> for the </span><span style="font-family:inherit;font-size:10pt;">six months ended</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;"> and net cash outflows from operations of </span><span style="font-family:inherit;font-size:10pt;"><span>$11.4 million</span></span><span style="font-family:inherit;font-size:10pt;">. In addition, the Company has experienced a significant decline in its cash and cash equivalents and marketable debt securities over the last several years, which was primarily a result of funding operating losses, of which a significant component relates to the Company’s investments in the research and development of Wearable products. The Company had </span><span style="font-family:inherit;font-size:10pt;"><span>$31.6 million</span></span><span style="font-family:inherit;font-size:10pt;"> of cash and cash equivalents and marketable debt securities at </span><span style="font-family:inherit;font-size:10pt;">June 29, 2019</span><span style="font-family:inherit;font-size:10pt;">. The Company's historical and current use of cash in operations combined with limited liquidity resources raise substantial doubt regarding the Company’s ability to continue as a going concern.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company’s products target the industrial wearable headset and military markets. Management believes the industrial wearable market is still developing and cannot predict how long the wearable market will take to develop or if the Company’s products will be accepted. Accordingly, the Company’s current strategy is to continue to invest in research and development, even during unprofitable periods, which has resulted in the Company continuing to incur net losses and negative cash flows from operations. As the Company continues to incur negative cash flows from operations its financial condition will be materially adversely affected. As such, management is actively pursuing strategic alternatives including the reduction of operating expenses and raising additional capital, among other things. While there can be no assurance the Company will be able to successfully reduce operating expenses or raise additional capital, management believes it has sufficient cash for operations through the end of fiscal 2020, based on management’s historical success in managing cash flows and obtaining capital.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">These condensed consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</span></div>
CY2018 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Net Cash Provided By Used In Operating Activities
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-11400000 USD
CY2019Q2 kopn Cashand Cash Equivalentsand Marketable Debt Securities
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31600000 USD
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CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2019Q2 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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14308 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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321486 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Securities
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19420229 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
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22918016 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
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4668623 USD
CY2019Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
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14751606 USD
CY2019Q2 us-gaap Available For Sale Securities
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19420229 USD
CY2019Q2 us-gaap Financial Instruments Owned At Fair Value
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40695888 USD
CY2018Q4 us-gaap Financial Instruments Owned At Fair Value
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43097888 USD
CY2019Q2 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
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0.008
CY2019Q2 us-gaap Inventory Raw Materials
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CY2018Q4 us-gaap Inventory Raw Materials
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2548139 USD
CY2019Q2 us-gaap Inventory Work In Process
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CY2018Q4 us-gaap Inventory Work In Process
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1526552 USD
CY2019Q2 us-gaap Inventory Finished Goods
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399618 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
722547 USD
CY2019Q2 us-gaap Inventory Net
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3700174 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
4797238 USD
CY2019Q1 kopn Gross Proceedsfrom Issuanceor Saleof Equity
GrossProceedsfromIssuanceorSaleofEquity
8000000.0 USD
CY2019Q1 us-gaap Shares Issued Price Per Share
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1.10
CY2019Q1 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.089
CY2019Q2 us-gaap Stock Issued During Period Shares New Issues
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700000 shares
CY2019Q2 kopn Gross Proceedsfrom Issuanceor Saleof Equity
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800000 USD
CY2019Q2 us-gaap Shares Issued Price Per Share
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1.10
CY2018Q4 us-gaap Standard Product Warranty Accrual
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571000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
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290000 USD
us-gaap Standard Product Warranty Accrual Payments
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326000 USD
CY2019Q2 us-gaap Standard Product Warranty Accrual
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535000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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1700000
CY2019Q2 us-gaap Allocated Share Based Compensation Expense
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538474 USD
CY2018Q2 us-gaap Allocated Share Based Compensation Expense
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1288374 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1354316 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2687789 USD
CY2019Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000 USD
CY2018Q2 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-200000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-200000 USD
CY2019Q2 us-gaap Operating Loss Carryforwards
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210200000 USD
CY2019Q2 us-gaap Contract With Customer Asset Net
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1222605 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
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3089663 USD
CY2019Q2 kopn Changein Contract Assets
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-1867058 USD
CY2019Q2 kopn Changein Contract Asset Percent Change
ChangeinContractAssetPercentChange
-0.60
CY2019Q2 us-gaap Contract With Customer Liability Current
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1227198 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
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388933 USD
CY2019Q2 kopn Changein Contract Liabilities
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-838265 USD
CY2019Q2 kopn Changein Contract Liability Percent Change
ChangeinContractLiabilityPercentChange
2.16
CY2019Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
14813 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
17294 USD
CY2019Q2 kopn Changein Contract Liabilities Noncurrent
ChangeinContractLiabilitiesNoncurrent
2481 USD
CY2019Q2 kopn Percent Changein Contract Liabilities Noncurrent
PercentChangeinContractLiabilitiesNoncurrent
-0.14
CY2019Q2 kopn Contract Assets Liabilities Net
ContractAssetsLiabilitiesNet
-19406 USD
CY2018Q4 kopn Contract Assets Liabilities Net
ContractAssetsLiabilitiesNet
2683436 USD
CY2019Q2 kopn Changein Contract Assets Liabilities Net
ChangeinContractAssetsLiabilitiesNet
-2702842 USD
CY2019Q2 kopn Changein Contract Assets Liabilities Net Percent Change
ChangeinContractAssetsLiabilitiesNetPercentChange
-1.01
CY2019Q2 kopn Changein Contract Assets Liabilities Net
ChangeinContractAssetsLiabilitiesNet
-2700000 USD
CY2019Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
308080 USD
CY2018Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
359574 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
603565 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
716402 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6300000 USD
CY2019Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
6300000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12Y
CY2019Q2 kopn Percentof Future Lease Commitments Relatedto Real Estate Leases
PercentofFutureLeaseCommitmentsRelatedtoRealEstateLeases
0.87
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
599762 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1220272 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1028781 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
654473 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
201333 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3704621 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
373355 USD
CY2019Q2 kopn Total Future Minimum Lease Payments
TotalFutureMinimumLeasePayments
3331266 USD
CY2019Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1017234 USD
CY2019Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2314032 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
3331266 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
602166 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
489252 USD
CY2019Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0616
CY2019Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1210000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1112000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
921000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
616000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
201000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4060000 USD
CY2019Q2 kopn Accrued Penalty
AccruedPenalty
400000 USD
CY2019Q2 us-gaap Revenues
Revenues
9110000 USD
CY2018Q2 us-gaap Revenues
Revenues
5944000 USD
us-gaap Revenues
Revenues
14653000 USD
us-gaap Revenues
Revenues
11598000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
-4260000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
-9241000 USD
us-gaap Net Income Loss
NetIncomeLoss
-15591000 USD
us-gaap Net Income Loss
NetIncomeLoss
-14777000 USD
CY2019Q2 us-gaap Revenues
Revenues
9110000 USD
CY2019Q2 kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2018Q2 us-gaap Revenues
Revenues
5944000 USD
CY2018Q2 kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
14653000 USD
kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
11598000 USD
kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2019Q2 us-gaap Revenues
Revenues
9110000 USD
CY2018Q2 us-gaap Revenues
Revenues
5944000 USD
us-gaap Revenues
Revenues
14653000 USD
us-gaap Revenues
Revenues
11598000 USD
CY2019Q2 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
4667258 USD
CY2019Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
CY2018Q2 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
261605 USD
CY2018Q2 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
78905 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
5192644 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
1246077 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
512956 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
298909 USD
CY2019Q2 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
2060537 USD
CY2019Q2 kopn Contractwith Related Party Asset Net
ContractwithRelatedPartyAssetNet
400000 USD
CY2019Q2 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
873923 USD
CY2018Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
1041334 USD
CY2018Q4 kopn Contractwith Related Party Asset Net
ContractwithRelatedPartyAssetNet
400000 USD
CY2018Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
207530 USD

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