2019 Q4 Form 10-Q Financial Statement

#000077126619000105 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2019 Q1
Revenue $8.727M $6.139M $5.543M
YoY Change 12.74% 19.76% -1.96%
Cost Of Revenue $5.090M $4.690M $5.880M
YoY Change 10.41% 28.14% 44.75%
Gross Profit $1.188M $265.0K -$1.263M
YoY Change -17.44% -1756.25% -228.48%
Gross Profit Margin 13.61% 4.32% -22.79%
Selling, General & Admin $4.530M $5.130M $6.283M
YoY Change -26.94% -28.41% -9.36%
% of Gross Profit 381.31% 1935.86%
Research & Development $2.660M $2.390M $4.967M
YoY Change -31.27% -48.04% 11.57%
% of Gross Profit 223.91% 901.73%
Depreciation & Amortization $190.0K $160.0K $260.0K
YoY Change -29.63% -71.43% -52.73%
% of Gross Profit 15.99% 60.38%
Operating Expenses $7.190M $7.520M $11.25M
YoY Change -28.6% -36.09% -1.17%
Operating Profit -$6.002M -$6.402M -$11.58M
YoY Change -30.46% -37.84% 18.3%
Interest Expense -$4.280M $30.00K $400.0K
YoY Change -370.89% -142.86% -87.58%
% of Operating Profit
Other Income/Expense, Net $560.0K -$77.82K $289.8K
YoY Change -209.8% -144.49% -93.29%
Pretax Income -$7.280M -$6.479M -$11.29M
YoY Change -25.79% -36.0% 106.39%
Income Tax $30.00K $26.00K $26.00K
% Of Pretax Income
Net Earnings -$7.290M -$6.625M -$11.33M
YoY Change -26.85% -32.34% 104.68%
Net Earnings / Revenue -83.53% -107.92% -204.42%
Basic Earnings Per Share
Diluted Earnings Per Share -$88.73K -$80.80K -$151.1K
COMMON SHARES
Basic Shares Outstanding 84.02M shares 84.09M shares 76.28M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.78M $26.02M $36.87M
YoY Change -41.52% -43.69% -39.59%
Cash & Equivalents $6.029M $8.758M $16.58M
Short-Term Investments $15.75M $17.26M $20.29M
Other Short-Term Assets $1.300M $1.400M $1.000M
YoY Change 8.33% 16.67% -23.08%
Inventory $3.769M $3.442M $4.174M
Prepaid Expenses
Receivables $6.023M $4.910M $3.801M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $33.76M $36.78M $48.02M
YoY Change -31.66% -35.35% -32.38%
LONG-TERM ASSETS
Property, Plant & Equipment $1.473M $1.622M $2.234M
YoY Change -43.31% -68.04% -57.88%
Goodwill $0.00 $0.00 $331.3K
YoY Change -100.0% -100.0% -81.61%
Intangibles
YoY Change
Long-Term Investments $4.500M $9.000M $5.700M
YoY Change -19.64% 60.71% 46.15%
Other Assets $517.4K $844.0K $1.698M
YoY Change -61.99% -59.74% -59.53%
Total Long-Term Assets $9.282M $14.57M $13.41M
YoY Change -8.51% -1.07% -15.46%
TOTAL ASSETS
Total Short-Term Assets $33.76M $36.78M $48.02M
Total Long-Term Assets $9.282M $14.57M $13.41M
Total Assets $43.05M $51.35M $61.43M
YoY Change -27.71% -28.3% -29.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.998M $3.019M $4.493M
YoY Change 1.95% -28.62% 39.93%
Accrued Expenses $6.000M $7.200M $6.700M
YoY Change 9.09% 46.94% 45.65%
Deferred Revenue $796.8K $1.431M $1.190M
YoY Change 104.87% 233.8%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.31M $12.18M $12.93M
YoY Change 9.09% 21.1% 47.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.100M $3.400M $3.900M
YoY Change 106.67% 47.83% 95.0%
Total Long-Term Liabilities $3.100M $3.400M $3.900M
YoY Change 106.67% 47.83% 95.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.31M $12.18M $12.93M
Total Long-Term Liabilities $3.100M $3.400M $3.900M
Total Liabilities $14.40M $15.50M $16.70M
YoY Change 23.08% 32.48% 65.35%
SHAREHOLDERS EQUITY
Retained Earnings -$301.2M -$293.9M -$284.3M
YoY Change 10.86% 12.35% 17.17%
Common Stock $345.3M $345.1M $344.6M
YoY Change 3.0% 2.79% 3.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.24M $17.24M $17.24M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 4.513M shares 4.513M shares 4.513M shares
Shareholders Equity $28.61M $35.81M $44.75M
YoY Change
Total Liabilities & Shareholders Equity $43.05M $51.35M $61.43M
YoY Change -27.71% -28.3% -29.29%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2019 Q1
OPERATING ACTIVITIES
Net Income -$7.290M -$6.625M -$11.33M
YoY Change -26.85% -32.34% 104.68%
Depreciation, Depletion And Amortization $190.0K $160.0K $260.0K
YoY Change -29.63% -71.43% -52.73%
Cash From Operating Activities -$4.210M -$5.440M -$7.847M
YoY Change -46.84% -21.95% 29.51%
INVESTING ACTIVITIES
Capital Expenditures -$60.00K $10.00K $74.92K
YoY Change -72.73% -104.55% -86.47%
Acquisitions
YoY Change
Other Investing Activities $1.560M $2.160M $50.00K
YoY Change -61.0% -44.19% -42.94%
Cash From Investing Activities $1.510M $2.160M $2.664M
YoY Change -60.05% -40.82% -49.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$7.443M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -40.00K -90.00K $7.443M
YoY Change -95.56%
NET CHANGE
Cash From Operating Activities -4.210M -5.440M -$7.847M
Cash From Investing Activities 1.510M 2.160M $2.664M
Cash From Financing Activities -40.00K -90.00K $7.443M
Net Change In Cash -2.740M -3.370M $2.260M
YoY Change -45.63% 1.51% -385.89%
FREE CASH FLOW
Cash From Operating Activities -$4.210M -$5.440M -$7.847M
Capital Expenditures -$60.00K $10.00K $74.92K
Free Cash Flow -$4.150M -$5.450M -$7.922M
YoY Change -46.1% -19.26% 19.79%

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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;">September 28, 2019</span><span style="font-family:inherit;font-size:10pt;"> and for the </span><span style="font-family:inherit;font-size:10pt;">three and nine</span><span style="font-family:inherit;font-size:10pt;"> month periods ended </span><span style="font-family:inherit;font-size:10pt;">September 28, 2019</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">September 29, 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;">, as amended by Amendment No. 1 thereto on Form 10-K/A filed on November 7, 2019 (the “2018 Form 10-K/A”). 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. The Company reclassified certain prior period amounts herein to conform with the presentation of the aforementioned Amendment on Form 10-K/A. Specifically, the Company reclassified certain amounts from additional paid-in capital to accumulated deficit and/or noncontrolling interest as of </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;"> and December 30, 2017, which impacts both the accompanying consolidated balance sheet as of </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;"> and consolidated statements of stockholders’ equity as of </span><span style="font-family:inherit;font-size:10pt;">December 29, 2018</span><span style="font-family:inherit;font-size:10pt;"> and December 30, 2017. The reclassifications further impact the respective figures shown for these equity categories in the prior interim periods presented herein. 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 incurred net losses of</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;"><span>$34.5 million</span></span><span style="font-family:inherit;font-size:10pt;"> </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><span style="font-family:inherit;font-size:10pt;"><span>$28.1 million</span></span><span style="font-family:inherit;font-size:10pt;"> </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><span style="font-family:inherit;font-size:10pt;"><span>$22.1 million</span></span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">for the</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">nine months ended</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;">September 28, 2019</span><span style="font-family:inherit;font-size:10pt;"> </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><span style="font-family:inherit;font-size:10pt;"><span>$16.8 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.</span><span style="font-family:inherit;font-size:10pt;"> The Company had </span><span style="font-family:inherit;font-size:10pt;"><span>$26.0 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;">September 28, 2019</span><span style="font-family:inherit;font-size:10pt;">. </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><span style="font-family:inherit;font-size:10pt;"> </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>
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CY2019Q1 kopn Underwriting Discountsand Offering Expensesfrom Saleof Equity
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100000 USD
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CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
1700000
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
451683 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1190830 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1805999 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3878619 USD
CY2018Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
571000 USD
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
628000 USD
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
554000 USD
CY2019Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
645000 USD
CY2019Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000 USD
CY2018Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-300000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000 USD
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000 USD
CY2019Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
215000000.0 USD
CY2019Q3 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
1045939 USD
CY2018Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
3089663 USD
CY2019Q3 kopn Changein Contract Assets
ChangeinContractAssets
-2043724 USD
CY2018Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
200000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
388933 USD
CY2019Q3 kopn Changein Contract Liabilities
ChangeinContractLiabilities
-1041895 USD
CY2019Q3 kopn Changein Contract Liability Percent Change
ChangeinContractLiabilityPercentChange
2.68
CY2019Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
10007 USD
CY2018Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
17294 USD
CY2019Q3 kopn Changein Contract Liabilities Noncurrent
ChangeinContractLiabilitiesNoncurrent
7287 USD
CY2019Q3 kopn Percent Changein Contract Liabilities Noncurrent
PercentChangeinContractLiabilitiesNoncurrent
-0.42
CY2019Q3 kopn Contract Assets Liabilities Net
ContractAssetsLiabilitiesNet
-394896 USD
CY2018Q4 kopn Contract Assets Liabilities Net
ContractAssetsLiabilitiesNet
2683436 USD
CY2019Q3 kopn Changein Contract Assets Liabilities Net
ChangeinContractAssetsLiabilitiesNet
-3078332 USD
CY2019Q3 kopn Changein Contract Assets Liabilities Net Percent Change
ChangeinContractAssetsLiabilitiesNetPercentChange
-1.15
CY2019Q3 kopn Changein Contract Assets Liabilities Net
ChangeinContractAssetsLiabilitiesNet
-3100000 USD
CY2019Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
100000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
300000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9300000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9300000 USD
CY2019Q3 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12Y
CY2019Q3 kopn Percentof Future Lease Commitments Relatedto Real Estate Leases
PercentofFutureLeaseCommitmentsRelatedtoRealEstateLeases
1
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
293251 USD
CY2018Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
359574 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
884499 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1078714 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
304877 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1262048 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1055419 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
653234 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
201333 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
3476911 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
318414 USD
CY2019Q3 kopn Total Future Minimum Lease Payments
TotalFutureMinimumLeasePayments
3158497 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
1081252 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2077245 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
3158497 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
887374 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0603
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1210000 USD
CY2019Q3 kopn Accrued Penalty
AccruedPenalty
600000 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
kopn Penalty Accrual Rateper Day
PenaltyAccrualRateperDay
0.0005
CY2019Q3 us-gaap Revenues
Revenues
6139000 USD
CY2018Q3 us-gaap Revenues
Revenues
5126000 USD
us-gaap Revenues
Revenues
20792000 USD
us-gaap Revenues
Revenues
16724000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-6625000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
-9791000 USD
us-gaap Net Income Loss
NetIncomeLoss
-22217000 USD
us-gaap Net Income Loss
NetIncomeLoss
-24569000 USD
CY2019Q3 us-gaap Revenues
Revenues
6139000 USD
CY2019Q3 kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
CY2018Q3 us-gaap Revenues
Revenues
5126000 USD
CY2018Q3 kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
20792000 USD
kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
16724000 USD
CY2019Q3 us-gaap Revenues
Revenues
6139000 USD
CY2018Q3 us-gaap Revenues
Revenues
5126000 USD
kopn Percentage Of Total Revenue
PercentageOfTotalRevenue
1
us-gaap Revenues
Revenues
20792000 USD
us-gaap Revenues
Revenues
16724000 USD
CY2019Q3 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
538930 USD
CY2019Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
0 USD
CY2018Q3 us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
634834 USD
CY2018Q3 us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
90594 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
5731574 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
747154 USD
us-gaap Related Party Transaction Other Revenues From Transactions With Related Party
RelatedPartyTransactionOtherRevenuesFromTransactionsWithRelatedParty
1147789 USD
us-gaap Related Party Transaction Purchases From Related Party
RelatedPartyTransactionPurchasesFromRelatedParty
389503 USD
CY2019Q3 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
799250 USD
CY2019Q3 kopn Contractwith Related Party Asset Net
ContractwithRelatedPartyAssetNet
400000 USD
CY2019Q3 us-gaap Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
0 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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