Atomera Inc income statement
In fiscal 2025, Atomera Inc reported revenue of $65,000, down 51.9% on the year before, operating income of −$21.1m (a -32496.9% margin) and net income of −$20.2m, or −$0.65 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | −0 | −0 |
| Research and development | 4 | 6 | 7 | 8 | 8 | 9 | 10 | 13 | 11 | 12 | 13 |
| Selling and marketing | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 |
| General and administrative | 5 | 6 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 9 |
| Operating income | −10 | −13 | −13 | −14 | −15 | −16 | −18 | −21 | −19 | −21 | −24 |
| Interest expense | 3 | 0 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | — | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Income before tax | −13 | −13 | — | — | — | −16 | −17 | — | — | — | — |
| Income tax | — | — | — | — | 0 | 0 | 0 | — | — | — | — |
| Net income | −13 | −13 | −13 | −13 | −15 | −16 | −17 | −20 | −18 | −20 | −23 |
| Diluted EPS | −$1.11 | −$1.11 | −$1.02 | −$0.84 | −$0.79 | −$0.70 | −$0.75 | −$0.80 | −$0.68 | −$0.65 | −$0.63 |
| Diluted shares (average) | 11m | 12m | 13m | 16m | 19m | 22m | 23m | 25m | 27m | 31m | 36m |
| EBITDA | −10 | −13 | −13 | −14 | −15 | −15 | −17 | −21 | −19 | −21 | −24 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 4 | 0 | 11 | 50 | 11 | 158 | 0 |
| Cost of revenue | 13 | 0 | 62 | 128 | 131 | 126 | 26 | 0 |
| Gross profit | 10 | 4 | −62 | −117 | −81 | −115 | 132 | 0 |
| Research and development | 2,823 | 3,255 | 3,004 | 3,304 | 2,740 | 3,457 | 3,287 | 3,647 |
| Selling and marketing | 248 | 124 | 141 | 207 | 286 | 419 | 437 | 343 |
| General and administrative | 1,811 | 2,088 | 2,048 | 2,165 | 1,505 | 2,333 | 3,167 | 2,338 |
| Operating income | −4,872 | −5,463 | −5,255 | −5,793 | −4,612 | −6,324 | −6,759 | −6,328 |
| Interest expense | 25 | 21 | 18 | 12 | 9 | 4 | 1 | 7 |
| Net income | −4,657 | −5,209 | −4,967 | −5,573 | −4,425 | −6,073 | −6,336 | −6,006 |
| Diluted EPS | −$0.16 | −$0.17 | −$0.17 | −$0.17 | −$0.14 | −$0.17 | −$0.17 | −$0.15 |
| EBITDA | −4,860 | −5,451 | −5,243 | −5,782 | −4,599 | −6,315 | −6,753 | −6,318 |
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