2022 Q4 Form 10-Q Financial Statement

#000149315222030943 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $12.18M $13.38M $10.89M
YoY Change -7.68% 22.88% 14.48%
Cost Of Revenue $8.882M $7.987M $5.145M
YoY Change 18.97% 55.24% 6.53%
Gross Profit $3.302M $5.391M $5.742M
YoY Change -42.39% -6.12% 245.49%
Gross Profit Margin 27.1% 40.3% 52.74%
Selling, General & Admin $4.853M $4.320M $4.036M
YoY Change 17.85% 7.04% 31.04%
% of Gross Profit 146.98% 80.14% 70.29%
Research & Development $4.672M $3.441M $3.752M
YoY Change -10.72% -8.27% 37.93%
% of Gross Profit 141.5% 63.84% 65.34%
Depreciation & Amortization $56.80K $130.0K $154.1K
YoY Change -44.64% -15.64% 18.51%
% of Gross Profit 1.72% 2.41% 2.68%
Operating Expenses $9.525M $7.762M $7.788M
YoY Change 1.86% -0.34% 34.5%
Operating Profit -$6.223M -$2.371M -$2.046M
YoY Change 71.94% 15.88% -50.44%
Interest Expense -$60.31K -$2.091M -$19.43K
YoY Change -227.45% 10659.91% -109.72%
% of Operating Profit
Other Income/Expense, Net $162.3K -$2.094M -$31.53K
YoY Change -45.73% 6540.91% 5.1%
Pretax Income -$6.121M -$4.465M -$2.097M
YoY Change 87.02% 112.93% 123.05%
Income Tax $36.00K $36.00K $32.00K
% Of Pretax Income
Net Earnings -$6.157M -$4.501M -$2.129M
YoY Change 86.07% 111.41% 121.75%
Net Earnings / Revenue -50.53% -33.64% -19.55%
Basic Earnings Per Share -$0.07 -$0.02
Diluted Earnings Per Share -$0.07 -$48.13K -$23.52K
COMMON SHARES
Basic Shares Outstanding 95.12M shares 93.64M shares 90.52M shares
Diluted Shares Outstanding 93.52M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.65M $14.97M $31.76M
YoY Change -56.83% -52.87% 103.61%
Cash & Equivalents $8.259M $14.97M $28.35M
Short-Term Investments $4.389M $5.378M $3.414M
Other Short-Term Assets $1.180M $1.760M $2.000M
YoY Change -38.48% -12.01% -9.1%
Inventory $6.426M $6.661M $6.739M
Prepaid Expenses
Receivables $6.538M $14.79M $10.14M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $30.86M $38.18M $50.64M
YoY Change -40.89% -24.62% 69.38%
LONG-TERM ASSETS
Property, Plant & Equipment $1.832M $5.168M $3.575M
YoY Change -3.03% 44.57% 8.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $7.721M $7.612M $4.560M
YoY Change 57.19% 66.94% 6.04%
Other Assets $170.1K $170.9K $170.9K
YoY Change -0.47% 0.0% -14.54%
Total Long-Term Assets $12.89M $12.95M $8.305M
YoY Change 19.37% 55.93% 6.48%
TOTAL ASSETS
Total Short-Term Assets $30.86M $38.18M $50.64M
Total Long-Term Assets $12.89M $12.95M $8.305M
Total Assets $43.75M $51.13M $58.95M
YoY Change -30.56% -13.27% 56.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.439M $4.937M $3.636M
YoY Change -0.82% 35.79% 29.85%
Accrued Expenses $6.814M $8.283M $6.113M
YoY Change 40.95% 35.49% 3.61%
Deferred Revenue $930.5K $1.098M
YoY Change -77.1%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.46M $15.12M $13.70M
YoY Change -17.55% 10.37% 15.12%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.370M $4.149M $2.385M
YoY Change -44.11% 73.96% -0.61%
Total Long-Term Liabilities $1.370M $4.149M $2.385M
YoY Change -44.11% 73.96% -0.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.46M $15.12M $13.70M
Total Long-Term Liabilities $1.370M $4.149M $2.385M
Total Liabilities $19.76M $19.10M $15.91M
YoY Change -15.48% 20.04% 12.03%
SHAREHOLDERS EQUITY
Retained Earnings -$338.4M -$332.2M
YoY Change 6.06%
Common Stock $929.5K $926.3K
YoY Change 3.2%
Preferred Stock
YoY Change
Treasury Stock (at cost) $103.1K
YoY Change -71.83%
Treasury Stock Shares 70.64K shares
Shareholders Equity $24.16M $32.03M $43.04M
YoY Change
Total Liabilities & Shareholders Equity $43.75M $51.13M $58.95M
YoY Change -30.56% -13.27% 56.36%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$6.157M -$4.501M -$2.129M
YoY Change 86.07% 111.41% 121.75%
Depreciation, Depletion And Amortization $56.80K $130.0K $154.1K
YoY Change -44.64% -15.64% 18.51%
Cash From Operating Activities -$2.085M -$4.166M -$3.454M
YoY Change 23.09% 20.62% -819.51%
INVESTING ACTIVITIES
Capital Expenditures $190.6K -$37.21K -$191.8K
YoY Change -213.37% -80.6% 139.8%
Acquisitions
YoY Change
Other Investing Activities $997.1K -$480.6K -$28.27K
YoY Change 11.23% 1599.86% -101.76%
Cash From Investing Activities $806.6K -$517.7K -$220.1K
YoY Change 10.73% 135.22% -114.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -103.1K 832.2K 4.691M
YoY Change -81.89% -82.26% -2859.35%
NET CHANGE
Cash From Operating Activities -2.085M -4.166M -3.454M
Cash From Investing Activities 806.6K -517.7K -220.1K
Cash From Financing Activities -103.1K 832.2K 4.691M
Net Change In Cash -1.381M -3.851M 1.017M
YoY Change -10.0% -478.62% -44.42%
FREE CASH FLOW
Cash From Operating Activities -$2.085M -$4.166M -$3.454M
Capital Expenditures $190.6K -$37.21K -$191.8K
Free Cash Flow -$2.275M -$4.128M -$3.262M
YoY Change 49.14% 26.57% -682.46%

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us-gaap Basis Of Accounting
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<p id="xdx_807_eus-gaap--BasisOfAccounting_za9XLpkQMksg" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_820_z3mt3GySSdo1">BASIS OF PRESENTATION</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 22.5pt; text-align: justify; text-indent: -22.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.3in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The condensed consolidated financial statements of Kopin Corporation as of September 24, 2022 and for the three and nine month periods ended September 24, 2022 and September 25, 2021 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 December 25, 2021. 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></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 22.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.3in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s products are targeted towards the defense and industrial/enterprise wearable markets. Management believes the industrial wearable market is still developing and cannot predict how long it will take to develop or if the Company’s products will be accepted. In addition, the Company’s current strategy is to continue to invest in research and development, even during unprofitable periods, which may result in the Company continuing to incur net losses and negative cash flows from operations. If the Company is unable to achieve and maintain positive cash flows and profitability in the foreseeable future, its financial condition may ultimately be materially adversely affected such that management may be required to reduce operating expenses, including investments in research and development, or raise additional capital. While there can be no assurance the Company will be able to successfully reduce operating expenses or raise additional capital, management believes its historical success in managing cash flows and obtaining capital will continue in the foreseeable future.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.3in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has incurred net losses of $<span id="xdx_90E_eus-gaap--NetIncomeLoss_iN_pn5n6_di_c20211226__20220924_ziuDXy4Zr0q1" title="Net losses">13.2</span> million and $<span id="xdx_90C_eus-gaap--NetIncomeLoss_iN_pn5n6_di_c20201227__20211225_zGNUfhdFdKid" title="Net losses">13.4</span> million for the nine-month period ended September 24, 2022 and for the fiscal year ended December 25, 2021, respectively, and net cash outflows from operations of $<span id="xdx_907_eus-gaap--NetCashProvidedByUsedInOperatingActivities_iN_pn5n6_di_c20211226__20220924_zziqMbanO4Qi" title="Net cash outflows from operations">15.6</span> million and $<span id="xdx_90D_eus-gaap--NetCashProvidedByUsedInOperatingActivities_iN_pn5n6_di_c20201227__20211225_zTXhyYIKSA6e" title="Net cash outflows from operations">10.7</span> million for the nine-month period ended September 24, 2022 and for the fiscal year ended December 25, 2021, respectively. The Company’s net cash outflows from operations were partially a result of funding its ongoing investments in research and development, which management believes will continue and production inefficiencies resulting from intermittent supply chain disruptions. These factors initially raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans to alleviate the conditions that raise substantial doubt include operational improvements being implemented and the curtailment of certain development programs, both of which are expected to preserve cash. Management estimates the Company will have sufficient liquidity to fund operations at least through the fourth quarter of 2023. The Company has in the past sold equity securities through at-the-market equity offerings and in the traditional fashion of significant equity offerings. Nonetheless, management monitors the capital markets on an ongoing basis and may consider raising capital if favorable market conditions develop. If the Company’s actual results are less than projected or the Company needs to raise capital for additional liquidity, the Company may be required to do additional equity financings, reduce expenses, or enter into a strategic transaction. However, management can make no assurance that the Company will be able to raise additional capital, reduce expenses sufficiently, or enter into a strategic transaction on terms acceptable to the Company, or at all.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 24pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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2501160 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
2876435 usd
CY2022Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
5377595 usd
CY2022Q3 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
22615074 usd
CY2021Q4 us-gaap Financial Instruments Owned At Fair Value
FinancialInstrumentsOwnedAtFairValue
34207488 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
4063031 usd
KOPN Contract With Customer Liability And Billings In Revenue Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityAndBillingsInRevenueCumulativeCatchUpAdjustmentToRevenueModificationOfContract
2965112 usd
CY2022Q3 KOPN Percentage Contract Liabilities And Billings In Excess Of Revenue Earned
PercentageContractLiabilitiesAndBillingsInExcessOfRevenueEarned
-0.73 pure
CY2019Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
5200000 usd
CY2019Q4 us-gaap Investments
Investments
0 usd
CY2022Q1 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
4700000 usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2000000.0 usd
CY2022Q3 KOPN Unrealized Loss On Equity Interest
UnrealizedLossOnEquityInterest
200000 usd
KOPN Unrealized Loss On Equity Interest
UnrealizedLossOnEquityInterest
400000 usd
CY2022Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
4407064 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
5044334 usd
CY2022Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
1766304 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1032519 usd
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
487442 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
504286 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
6660810 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
6581139 usd
CY2022Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
8156 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
20664 usd
us-gaap Contract With Customer Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
12508 usd
CY2022Q3 KOPN Percentage Of Change In Contract Liabilitiesnoncurrent
PercentageOfChangeInContractLiabilitiesnoncurrent
-0.61 pure
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2480299 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2628717 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2480299 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2628717 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2077592 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
996500 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
239950 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
2.56
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
353843 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
2.19
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2480299 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
2.40
CY2022Q3 KOPN Net Contract Assets Liabilities
NetContractAssetsLiabilities
3499814 usd
CY2021Q4 KOPN Net Contract Assets Liabilities
NetContractAssetsLiabilities
-1784303 usd
KOPN Contract With Customer Assets Liability Cumulative Catch Up Adjustment To Revenue Modification Of Contract
ContractWithCustomerAssetsLiabilityCumulativeCatchUpAdjustmentToRevenueModificationOfContract
5284117 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
297548 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
642184 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1370654 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3766859 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3000000.0 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
517000 usd
us-gaap Standard Product Warranty Accrual Warranties Issued
StandardProductWarrantyAccrualWarrantiesIssued
2040857 usd
us-gaap Standard Product Warranty Accrual Payments
StandardProductWarrantyAccrualPayments
591857 usd
CY2022Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
1966000 usd
CY2022Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000 usd
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000 usd
CY2021Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000 usd
CY2022Q3 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
160300000 usd
KOPN Net Operating Loss Expiry Period
NetOperatingLossExpiryPeriod
expiring 2022 through 2037
CY2022Q3 KOPN Operating Loss Carryforwards Unlimited
OperatingLossCarryforwardsUnlimited
86300000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
20600000 usd
CY2022Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
242833 usd
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
295252 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
742697 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
874176 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
227363 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
968535 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
878450 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
634147 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
604000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
805332 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
4117827 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
602208 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
3515619 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
761734 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
2753885 usd
CY2022Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
3515619 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
743785 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0593 pure
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y11M1D
CY2022Q3 us-gaap Noncurrent Assets
NoncurrentAssets
5168000 usd
CY2021Q4 us-gaap Noncurrent Assets
NoncurrentAssets
5717000 usd
CY2022Q3 us-gaap Revenues
Revenues
11729000 usd
CY2022Q3 KOPN Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
CY2021Q3 us-gaap Revenues
Revenues
10887000 usd
CY2021Q3 KOPN Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
us-gaap Revenues
Revenues
35217000 usd
KOPN Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
us-gaap Revenues
Revenues
32469000 usd
KOPN Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
CY2022Q3 us-gaap Revenues
Revenues
11729000 usd
CY2021Q3 us-gaap Revenues
Revenues
10887000 usd
us-gaap Revenues
Revenues
35217000 usd
us-gaap Revenues
Revenues
32469000 usd
CY2022Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
437825 usd
CY2021Q3 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
801346 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
1219771 usd
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
3607193 usd
CY2022Q3 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
519306 usd
CY2021Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
306307 usd

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