UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 2008
eMagin Corporation
(Exact name of registrant as specified in its charter)
Delaware | 000-24757 | 56-1764501 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
10500 N.E. 8 th Street, Suite 1400, Bellevue, WA 98004
(Address of principal executive offices and Zip Code)
Registrant's telephone number, including area code (425)-749-3600
Copies to:
Richard Friedman, Esq.
Sichenzia Ross Friedman Ference LLP
61 Broadway
New York, New York 10006
Phone: (212) 930-9700
Fax: (212) 930-9725
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.02. Results of Operations and Financial Condition.
On May 15, 2008, eMagin Corporation ("eMagin" or the "Company") held a conference call to discuss the financial results of the Company for its first quarter ended March 31, 2008 (the “Earnings Call”). During the Earnings Call the Company announced first quarter 2008 financial results, reporting that: revenue of $2.7 million for the three months ending March 31, 2008 represented a decrease of 26% compared to the same period of 2007; operating expenses declined from $3.1 for the first quarter of 2007 to $2.5 million for the first quarter of 2008; and net loss for the first quarter 2008 was $2.7 million, or $0.21 per share as compared to a net loss of $2.9 million or $0.27 per share.
The Company also issued a press release on May 15, 2008 announcing the Company’s financial results of the quarter ended March 31, 2008, as described above, which is attached hereto as Exhibit 99.1.
In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(a) | Financial statements of business acquired. |
Not applicable.
(b) | Pro forma financial information. |
Not applicable.
(c) | Exhibits. |
Exhibit Number | Description | |
99.1 | Press Release of eMagin Corporation dated as of May 15, 2008. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
eMagin Corporation | |||
Date: May 21, 2008 | By: | /s/ Paul Campbell | |
Name: Paul Campbell | |||
Title: Interim Chief Financial Officer | |||
Exhibit List
Exhibit Number | Description | |
99.1 | Press Release of eMagin Corporation dated as of May 15, 2008. |
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