Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, head-mounted and hand-held systems, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, and optical lenses; and headset systems. The company's products are used in soldier, avionic, armored vehicle and training, and simulation defense applications; industrial, public safety, and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.
Company profile
Ticker
KOPN
Exchange
Website
CEO
Mr. Michael Murray
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ARROW ELECTRONICS INC, ARROW ELECTRONICS, INC
SEC CIK
Corporate docs
Subsidiaries
VS Corporation • Forth Dimension Displays, Ltd. • Kopin Display Corporation • Kopin Securities Corporation • Kopin (HK), Ltd. • e-MDT America Inc. • Kopin Software Ltd. • Kopin Targeting Corporation • NVIS, Inc. ...
IRS number
42833935
KOPN stock data
Latest filings (excl ownership)
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
16 Oct 24
424B5
Prospectus supplement for primary offering
20 Sep 24
8-K
Kopin Corporation Announces Proposed Public Offering of Common Stock and Pre-Funded Warrants
20 Sep 24
424B5
Prospectus supplement for primary offering
20 Sep 24
8-K
Paul V. Walsh, JR. Joins Kopin Corporation
9 Sep 24
8-K
Other Events
14 Aug 24
S-8
Registration of securities for employees
8 Aug 24
10-Q
2024 Q2
Quarterly report
8 Aug 24
8-K
Kopin Corporation Reports Financial Results for the Second Quarter 2024
8 Aug 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
11 Jun 24
Transcripts
KOPN
Earnings call transcript
2024 Q2
8 Aug 24
KOPN
Earnings call transcript
2024 Q1
14 May 24
KOPN
Earnings call transcript
2023 Q4
14 Mar 24
KOPN
Earnings call transcript
2023 Q3
9 Nov 23
KOPN
Earnings call transcript
2023 Q2
10 Aug 23
KOPN
Earnings call transcript
2023 Q2
10 Aug 23
KOPN
Earnings call transcript
2023 Q1
11 May 23
KOPN
Earnings call transcript
2022 Q4
14 Mar 23
KOPN
Earnings call transcript
2022 Q3
1 Nov 22
KOPN
Earnings call transcript
2022 Q2
2 Aug 22
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 11.09 mm | 11.09 mm | 11.09 mm | 11.09 mm | 11.09 mm | 11.09 mm |
Cash burn (monthly) | 1.26 mm | (no burn) | 1.97 mm | 4.01 mm | 1.03 mm | 1.12 mm |
Cash used (since last report) | 4.77 mm | n/a | 7.48 mm | 15.18 mm | 3.89 mm | 4.26 mm |
Cash remaining | 6.32 mm | n/a | 3.61 mm | -4.09 mm | 7.21 mm | 6.83 mm |
Runway (months of cash) | 5.0 | n/a | 1.8 | -1.0 | 7.0 | 6.1 |
Institutional ownership, Q2 2024
16.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 86 |
Opened positions | 20 |
Closed positions | 50 |
Increased positions | 13 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 18.86 bn |
Total shares | 26.49 mm |
Total puts | 158.10 k |
Total calls | 314.00 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
AWM Investment | 5.34 mm | $4.48 bn |
Vanguard | 5.22 mm | $4.38 bn |
Goertek | 3.79 mm | $0.00 |
BLK BlackRock | 1.37 mm | $1.15 bn |
Geode Capital Management | 1.20 mm | $1.01 bn |
Millennium Management | 1.17 mm | $985.48 mm |
Royce & Associates | 1.14 mm | $960.25 mm |
Qube Research & Technologies | 984.23 k | $826.65 mm |
Renaissance Technologies | 846.07 k | $710.61 mm |
Silverberg Bernstein Capital Management | 678.20 k | $569.62 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
6 Sep 24 | Paul V Walsh Jr | Common Stock | Grant | Acquire A | No | No | 0 | 64,500 | 0.00 | 64,500 |
28 Jun 24 | Michael Andrew Murray | Common Stock | Grant | Acquire A | No | No | 0 | 1,200,000 | 0.00 | 2,326,507 |
14 Jun 24 | Richard Sneider | Common Stock | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 526,744 |
14 Jun 24 | Paul Christopher Baker | Common Stock | Grant | Acquire A | No | No | 0 | 75,000 | 0.00 | 335,513 |
News
HC Wainwright & Co. Reiterates Buy on Kopin, Maintains $3 Price Target
21 Oct 24
12 Information Technology Stocks Moving In Thursday's Pre-Market Session
3 Oct 24
Kopin Receives $1.3M Follow-On Order For Emerald Microdisplay Module, The Additional Order Will Support Major Weapon Sight Program
26 Sep 24
Why Nike Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket
20 Sep 24
Kopin Receives Second Production Order For The CR3 Wearable Surgical Monitor From HMDmd, Inc
12 Sep 24
Press releases
Kopin to Present at the MicroCap Rodeo Fall Conference
10 Oct 24
Kopin Secures Contract to Develop Night HUD (Heads Up Display) Module for Warfighters with Night Vision Goggles
9 Oct 24
Kopin Receives Initial Order for New "SXGA-R15" Microdisplay Assembly for 3D Automated Optical Inspection from Mirtec
8 Oct 24
Kopin To Participate in AUSA 2024
7 Oct 24
Kopin to Exhibit at VISION 2024, Stuttgart, Germany
2 Oct 24