Kopin Q1 net loss widens to $3.8 million; revenue rises to $10.55 million
Kopin
Kopin KOPN | 0.00 |
- Kopin posted a net loss of $3.8 million for the quarter ended March 28, 2026, widening from a $3.1 million loss a year earlier.
- Revenue edged up to $10.55 million from $10.54 million, as $3.44 million of grant revenue and $330,000 of collaboration revenue offset a drop in net product revenue to $5.42 million from $9.23 million.
- Cost of product revenue rose to 103% of net product revenue from 83%, producing a negative 3% product gross margin; management said the result was an uncommon occurrence and expects customer price increases and better production efficiency to lift margins.
- SG&A climbed to $6.02 million from $4.7 million, driven by higher professional fees and accrued performance-based compensation, while other income increased to $2.29 million from $846,000 on a $2.3 million investment gain.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kopin Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-022534), on May 12, 2026, and is solely responsible for the information contained therein.
