Kopin Corp
NASDAQ:KOPN
Income Statement
Earnings Waterfall
Kopin Corp
Revenue
|
40.4m
USD
|
Cost of Revenue
|
-25m
USD
|
Gross Profit
|
15.4m
USD
|
Operating Expenses
|
-32.6m
USD
|
Operating Income
|
-17.2m
USD
|
Other Expenses
|
-2.6m
USD
|
Net Income
|
-19.7m
USD
|
Income Statement
Kopin Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Apr-2023 | Jul-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
23
N/A
|
21
-7%
|
22
+4%
|
27
+21%
|
32
+19%
|
36
+12%
|
40
+11%
|
38
-4%
|
32
-16%
|
30
-8%
|
23
-22%
|
21
-10%
|
23
+8%
|
21
-8%
|
22
+8%
|
23
+2%
|
28
+22%
|
29
+5%
|
29
+0%
|
28
-3%
|
25
-13%
|
24
-1%
|
28
+13%
|
29
+4%
|
30
+3%
|
32
+8%
|
32
-1%
|
35
+11%
|
40
+15%
|
44
+10%
|
45
+3%
|
46
+3%
|
46
-2%
|
46
0%
|
48
+4%
|
48
+2%
|
47
-2%
|
47
-2%
|
45
-3%
|
44
-3%
|
40
-8%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(37)
|
(35)
|
(33)
|
(33)
|
(20)
|
(21)
|
(23)
|
(23)
|
(22)
|
(21)
|
(19)
|
(18)
|
(18)
|
(16)
|
(16)
|
(15)
|
(18)
|
(19)
|
(18)
|
(18)
|
(16)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(20)
|
(20)
|
(21)
|
(22)
|
(23)
|
(24)
|
(25)
|
(26)
|
(28)
|
(31)
|
(33)
|
(31)
|
(29)
|
(27)
|
(25)
|
|
Gross Profit |
(14)
N/A
|
(14)
+1%
|
(11)
+21%
|
(7)
+37%
|
12
N/A
|
15
+23%
|
17
+11%
|
15
-10%
|
11
-30%
|
9
-17%
|
4
-55%
|
3
-36%
|
5
+92%
|
5
-4%
|
7
+46%
|
7
+11%
|
10
+30%
|
10
+4%
|
11
+6%
|
10
-5%
|
9
-15%
|
7
-22%
|
8
+21%
|
8
0%
|
9
+6%
|
11
+30%
|
11
+2%
|
15
+29%
|
19
+28%
|
22
+17%
|
22
-1%
|
23
+5%
|
21
-9%
|
19
-7%
|
19
+1%
|
17
-10%
|
15
-14%
|
15
+3%
|
16
+5%
|
17
+9%
|
15
-11%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(21)
|
(21)
|
(22)
|
(22)
|
(41)
|
(41)
|
(40)
|
(38)
|
(36)
|
(34)
|
(33)
|
(32)
|
(33)
|
(27)
|
(37)
|
(39)
|
(39)
|
(41)
|
(43)
|
(44)
|
(45)
|
(48)
|
(46)
|
(38)
|
(35)
|
(29)
|
(26)
|
(24)
|
(24)
|
(27)
|
(30)
|
(32)
|
(34)
|
(35)
|
(36)
|
(36)
|
(37)
|
(34)
|
(34)
|
(34)
|
(33)
|
|
Selling, General & Administrative |
(19)
|
(18)
|
(18)
|
(18)
|
(20)
|
(19)
|
(19)
|
(19)
|
(18)
|
(18)
|
(17)
|
(16)
|
(17)
|
(19)
|
(20)
|
(21)
|
(21)
|
(22)
|
(24)
|
(25)
|
(27)
|
(27)
|
(25)
|
(23)
|
(21)
|
(18)
|
(16)
|
(14)
|
(12)
|
(14)
|
(15)
|
(16)
|
(18)
|
(17)
|
(17)
|
(17)
|
(18)
|
(18)
|
(20)
|
(21)
|
(22)
|
|
Research & Development |
(2)
|
(2)
|
(4)
|
(3)
|
(21)
|
(21)
|
(20)
|
(19)
|
(18)
|
(17)
|
(16)
|
(16)
|
(16)
|
(16)
|
(17)
|
(18)
|
(19)
|
(19)
|
(19)
|
(18)
|
(17)
|
(18)
|
(17)
|
(15)
|
(13)
|
(11)
|
(10)
|
(10)
|
(12)
|
(13)
|
(14)
|
(15)
|
(16)
|
(18)
|
(20)
|
(19)
|
(19)
|
(16)
|
(14)
|
(13)
|
(11)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
(34)
N/A
|
(34)
+0%
|
(33)
+4%
|
(28)
+15%
|
(28)
-1%
|
(26)
+8%
|
(23)
+12%
|
(23)
-2%
|
(25)
-8%
|
(26)
-2%
|
(29)
-12%
|
(30)
-3%
|
(28)
+5%
|
(23)
+19%
|
(30)
-31%
|
(32)
-6%
|
(30)
+6%
|
(31)
-6%
|
(32)
-3%
|
(34)
-5%
|
(36)
-6%
|
(42)
-16%
|
(38)
+10%
|
(29)
+22%
|
(26)
+11%
|
(18)
+31%
|
(14)
+21%
|
(9)
+35%
|
(5)
+48%
|
(5)
-13%
|
(8)
-52%
|
(9)
-11%
|
(14)
-50%
|
(16)
-14%
|
(17)
-10%
|
(19)
-11%
|
(22)
-14%
|
(19)
+15%
|
(18)
+3%
|
(17)
+7%
|
(17)
-3%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
(1)
|
(1)
|
1
|
3
|
10
|
10
|
11
|
8
|
2
|
0
|
1
|
0
|
1
|
2
|
2
|
6
|
5
|
4
|
5
|
2
|
3
|
3
|
(3)
|
(4)
|
(4)
|
(4)
|
0
|
1
|
1
|
0
|
0
|
5
|
5
|
3
|
3
|
(2)
|
(5)
|
(3)
|
(3)
|
|
Non-Reccuring Items |
(7)
|
(4)
|
(5)
|
(5)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
(4)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
(38)
N/A
|
(35)
+7%
|
(37)
-3%
|
(33)
+10%
|
(29)
+13%
|
(23)
+19%
|
(13)
+42%
|
(13)
+2%
|
(15)
-12%
|
(18)
-20%
|
(19)
-9%
|
(23)
-17%
|
(20)
+12%
|
(22)
-12%
|
(29)
-29%
|
(29)
-1%
|
(28)
+2%
|
(25)
+13%
|
(27)
-7%
|
(28)
-7%
|
(35)
-22%
|
(40)
-17%
|
(35)
+12%
|
(32)
+10%
|
(29)
+8%
|
(22)
+26%
|
(18)
+14%
|
(13)
+30%
|
(4)
+66%
|
(5)
-12%
|
(8)
-55%
|
(9)
-15%
|
(13)
-51%
|
(11)
+21%
|
(12)
-17%
|
(16)
-33%
|
(19)
-18%
|
(20)
-6%
|
(23)
-12%
|
(19)
+16%
|
(20)
-2%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
13
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(2)
|
0
|
0
|
28
|
27
|
27
|
27
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Income from Continuing Operations |
(25)
|
(35)
|
(36)
|
(33)
|
(28)
|
(23)
|
(13)
|
(13)
|
(15)
|
(18)
|
(21)
|
(25)
|
(23)
|
(24)
|
(29)
|
(29)
|
(0)
|
2
|
0
|
(1)
|
(35)
|
(40)
|
(35)
|
(32)
|
(29)
|
(22)
|
(19)
|
(13)
|
(5)
|
(5)
|
(8)
|
(9)
|
(14)
|
(11)
|
(12)
|
(16)
|
(19)
|
(21)
|
(23)
|
(19)
|
(20)
|
|
Income to Minority Interest |
1
|
1
|
1
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Equity Earnings Affiliates |
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
(5)
N/A
|
(35)
-653%
|
(36)
-3%
|
(33)
+10%
|
(28)
+13%
|
(23)
+19%
|
(13)
+42%
|
(13)
+2%
|
(15)
-13%
|
(18)
-21%
|
(22)
-22%
|
(25)
-16%
|
(23)
+7%
|
(24)
-4%
|
(29)
-17%
|
(29)
0%
|
(25)
+12%
|
(23)
+9%
|
(25)
-8%
|
(26)
-6%
|
(35)
-31%
|
(40)
-17%
|
(35)
+12%
|
(32)
+9%
|
(30)
+8%
|
(22)
+26%
|
(19)
+14%
|
(13)
+30%
|
(4)
+66%
|
(5)
-13%
|
(8)
-55%
|
(9)
-15%
|
(13)
-51%
|
(11)
+20%
|
(12)
-17%
|
(16)
-32%
|
(19)
-17%
|
(21)
-7%
|
(23)
-12%
|
(19)
+16%
|
(20)
-2%
|
|
EPS (Diluted) |
-0.07
N/A
|
-0.58
-729%
|
-0.59
-2%
|
-0.53
+10%
|
-0.45
+15%
|
-0.36
+20%
|
-0.21
+42%
|
-0.2
+5%
|
-0.23
-15%
|
-0.28
-22%
|
-0.34
-21%
|
-0.4
-18%
|
-0.37
+8%
|
-0.38
-3%
|
-0.4
-5%
|
-0.41
-2%
|
-0.36
+12%
|
-0.31
+14%
|
-0.33
-6%
|
-0.36
-9%
|
-0.47
-31%
|
-0.55
-17%
|
-0.43
+22%
|
-0.39
+9%
|
-0.37
+5%
|
-0.26
+30%
|
-0.22
+15%
|
-0.15
+32%
|
-0.05
+67%
|
-0.05
N/A
|
-0.08
-60%
|
-0.09
-13%
|
-0.15
-67%
|
-0.12
+20%
|
-0.14
-17%
|
-0.19
-36%
|
-0.21
-11%
|
-0.19
+10%
|
-0.21
-11%
|
-0.19
+10%
|
-0.18
+5%
|