Atomera Inc
Business
Atomera develops and licenses Mears Silicon Technology (MST), a proprietary thin-film silicon enhancement that improves semiconductor transistor performance, size, speed, reliability and power efficiency. MST is licensed to foundries, IDMs, fabless designers, wafer manufacturers and equipment vendors for integration into manufacturing processes. Revenue derives from upfront R&D and HVM license fees, ongoing royalties on MST-enabled product sales, MSTcad software licensing, and engineering services. Applications include power devices, RF silicon-on-insulator, advanced CMOS logic and memory, and gallium nitride.
Summary from 10-K filed 2026-02-24
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenue: | 65,000 | 135,000 | 550,000 | 382,000 | 400,000 | |
| Cost of revenue | −321,000 | −123,000 | −28,000 | −81,000 | — | |
| Gross margin | −256,000 | 12,000 | 522,000 | 301,000 | 400,000 | |
| Research and development | 12 | 11 | 13 | 10 | 9 | |
| General and administrative | 8 | 7 | 7 | 6 | 6 | |
| Selling and marketing | 758,000 | 1 | 2 | 1 | 986,000 | |
| Total operating expenses | 21 | 19 | 21 | 18 | 16 | |
| Loss from operations | −21 | −19 | −21 | −18 | −16 | |
| Interest income | 931,000 | 779,000 | 723,000 | 340,000 | 9,000 | |
| Accretion income | 6,000 | 178,000 | 283,000 | 0 | — | |
| Other income, net | 72,000 | 73,000 | 75,000 | — | — | |
| Interest expense | −60,000 | −129,000 | −194,000 | — | — | |
| Total other income, net | 949,000 | 901,000 | 887,000 | 85,000 | −119,000 | |
| Net loss | −20 | −18 | −20 | −17 | −16 | |
| Net loss per common share, basic | −0.65 | −0.68 | −0.8 | −0.75 | −0.7 | |
| Net loss per common share, diluted | −0.65 | −0.68 | −0.8 | −0.75 | −0.7 | |
| Weighted average number of common shares outstanding, basic | 31 | 27 | 25 | 23 | 22 | |
| Weighted average number of common shares outstanding, diluted | 31 | 27 | 25 | 23 | 22 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 19 | 26 | 13 | 21 | 29 | |
| Short-term investments | 0 | 995,000 | 7 | 0 | — | |
| Accounts receivable | 0 | 6,000 | 0 | — | — | |
| Interest receivable | 54,000 | 73,000 | 79,000 | 0 | — | |
| Prepaid expenses and other current assets | 338,000 | 240,000 | 244,000 | 418,000 | 309,000 | |
| Total current assets | 20 | 27 | 20 | 22 | 29 | |
| Property and equipment, net | 60,000 | 59,000 | 100,000 | 158,000 | 196,000 | |
| Long-term prepaid maintenance and supplies | 0 | 91,000 | 91,000 | — | — | |
| Security deposit | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | |
| Operating lease right-of-use-asset | 884,000 | 280,000 | 517,000 | 700,000 | 900,000 | |
| Financing lease right-of-use-asset | 533,000 | 2 | 3 | 4 | 6 | |
| Total assets | 21 | 29 | 24 | 27 | 36 | |
| Accounts payable | 608,000 | 492,000 | 618,000 | 397,000 | 338,000 | |
| Accrued expenses | 168,000 | 239,000 | 222,000 | 173,000 | 203,000 | |
| Accrued payroll related expenses | 650,000 | 1 | 1 | 967,000 | 601,000 | |
| Current operating lease liability | 147,000 | 260,000 | 264,000 | 245,000 | 216,000 | |
| Current financing lease liability | 420,000 | 1 | 1 | 1 | 1 | |
| Deferred revenue | 7,000 | 4,000 | 0 | — | — | |
| Total current liabilities | 2 | 4 | 4 | 3 | 3 | |
| Long-term operating lease liability | 712,000 | 22,000 | 295,000 | 521,000 | 768,000 | |
| Long-term financing lease liability | 0 | 449,000 | 2 | 3 | 4 | |
| Total liabilities | 3 | 4 | 6 | 6 | 8 | |
| Commitments and contingencies (see Note 9) | — | — | — | — | — | |
| Preferred stock, $0.001 par value, authorized 2,500 shares: none issued and outstanding at December 31, 2025 and 2024 | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.001 par value, authorized 47,500 shares; 32,354 shares issued and outstanding at December 31, 2025 and 30,540 shares issued and outstanding at December 31, 2024 | 32,000 | 31,000 | 26,000 | 24,000 | 23,000 | |
| Additional paid-in capital | 260 | 247 | 221 | 204 | 194 | |
| Other comprehensive income | 0 | 1,000 | 0 | — | — | |
| Accumulated deficit | −242 | −222 | −203 | −183 | −166 | |
| Total stockholders equity | 18 | 25 | 18 | 20 | 28 | |
| Total liabilities and stockholders equity | 21 | 29 | 24 | 27 | 36 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 48,000 | 54,000 | 77,000 | 77,000 | 67,000 | |
| Operating lease right of use asset amortization | 252,000 | 237,000 | 216,000 | 200,000 | 186,000 | |
| Financing lease right of use asset amortization | 937,000 | 1 | 1 | 1 | 532,000 | |
| Stock-based compensation | 5 | 4 | 4 | 3 | 3 | |
| Accretion of discounts on available-for-sales securities | −6,000 | −161,000 | −254,000 | 0 | — | |
| Accounts receivable | 6,000 | −6,000 | 0 | — | 0 | |
| Unbilled contracts receivable | 0 | 550,000 | −550,000 | — | — | |
| Interest receivable | 20,000 | 16,000 | −31,000 | 0 | — | |
| Prepaid expenses and other current assets | −7,000 | 4,000 | 174,000 | −108,000 | −177,000 | |
| Accounts payable | 115,000 | −126,000 | 221,000 | 59,000 | −104,000 | |
| Accrued expenses | −71,000 | 17,000 | 49,000 | −30,000 | −10,000 | |
| Accrued payroll expenses | −678,000 | −54,000 | 415,000 | 366,000 | −104,000 | |
| Operating lease liability | −279,000 | −277,000 | −240,000 | −218,000 | −90,000 | |
| Deferred revenue | 3,000 | 4,000 | 0 | — | 0 | |
| Net cash used in operating activities | −15 | −13 | −15 | −12 | −12 | |
| Acquisition of property and equipment | −49,000 | −14,000 | −31,000 | −39,000 | −109,000 | |
| Purchase of available-for-sale securities | 0 | −5 | −20 | — | — | |
| Maturity of available-for-sale securities | 1 | 11 | 13 | — | — | |
| Net cash provided by investing activities | 951,000 | 6 | −7 | −39,000 | −109,000 | |
| Proceeds from at-the-market sale of stock, net of commissions and expenses | 8 | 21 | 14 | — | 0 | |
| Proceeds from exercise of stock options | 905,000 | 197,000 | 128,000 | 244,000 | 4 | |
| Proceeds from stock sales | 0 | 10,000 | 0 | 6 | 243,000 | |
| Payments of principal for financing lease | −1 | −1 | — | — | — | |
| Net cash provided by financing activities | 7 | 20 | 13 | 5 | 3 | |
| Net increase (decrease) in cash and cash equivalents | −7 | 13 | −9 | −8 | −9 | |
| Cash paid for interest | 60,000 | 129,000 | 194,000 | 255,000 | 128,000 | |
| Cash paid for taxes | 0 | 0 | 0 | 0 | 66,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Atomera Inc's CIK number?
Atomera Inc's SEC CIK number is 0001420520 (1420520). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Atomera Inc's SEC filings?
All of Atomera Inc's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Atomera Inc last report earnings?
Atomera Inc (ATOM) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001683168-26-003493). This is Atomera Inc's most recent earnings filing of record — not a forecast of its next earnings date.
What is Atomera Inc's most recent earnings 8-K?
Atomera Inc's latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0001683168-26-003493. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Atomera Inc's latest earnings 8-K →
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