Atomera Incorporated · NASDAQ:ATOM
Atomera — Investor Presentation (June 2019)
15 slides from Atomera's investor presentation, June 2019
Slide 1: Investor Presentation
Investor Presentation June 2019
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements concerning Atomera Incorporated (““Atomera,” the “Company,” “we,” “us,” and “our”). The words “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect” and s
Slide 3: Investment Overview
Investment Overview • Mears Silicon Technology (MST®) is a thin film used to enhance semiconductors • Results in higher performance, lower power, and lower costs for ICs • Capital-light IP licensing business • Robust and growing patent portfolio • Engaged with 50% of world’s top semiconductor makers
Slide 4: MST Technology
MST Technology Potential Benefits • Improved Efficiency • Higher transistor performance • Lower power consumption • Better reliability • Lower cost • Reduced die size • Improved yield • Higher throughput • Same benefits as a node shrink 4
Slide 5: Patent Portfolio
Patent Portfolio Over 200 Patents Granted and Pending Discoverable 76 US Patents 70 34 36 Pending Foreign US 60 These distinctive layers are visible Foreign on products using MST Patents Extensive know-how Core MST Method and Device Extends life and value of patents MST Enabled Devices/Architecture
Slide 6: Semiconductor Ecosystem
Semiconductor Ecosystem Integrated Device Manufacturers Foundry Fabless Tool Suppliers 6
Slide 7: Customer Engagement Model
Customer Engagement Model v Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition 1. Planning 2. Setup 3. Integration 4. Installation 5. Qualification 6. Production Phase • MST deposition on customer wafers Engineering Service Fees • Integration consulting • Integration licen
Slide 8: Growing Customer Pipeline
Growing Customer Pipeline Number of Customer Engagements 24 21 18 15 12 9 6 3 0 IPO 3Q 16 4Q 16 1Q 17 2Q 17 3Q 17 4Q 17 1Q 18 2Q 18 3Q 18 4Q 18 1Q 19 Phase 1 Phase 2 Phase 3 • 22 engagements, 17 customers • Working with 50% of the world’s top semiconductor makers* 8 * 10 of the top 20 (IC Insights,
Slide 9: Q1 Breakthroughs
Q1 Breakthroughs 1. FinFET and Advanced Nodes Simulations of MST in FinFET devices show very high potential Papers authored by Atomera and UC Berkeley Customer results validated MST performance at advanced process nodes Possibility for MST to be included in industry technology roadmap Ma
Slide 10: 5V Analog Breakthrough
5V Analog Breakthrough 3. Breakthorough performance achieved on 5V analog products Large segment of the overall analog market Atomera has targeted ~20% improvement on 5V devices In April Atomera demonstrated a 50%+ improvement Using MST-SP technology Relatively fast and easy to implement
Slide 11: Royalty potential per node
Royalty potential per node 200mm wafers 300mm wafers Royalty potential per wafer ($) Royalty SAM $0.3B $0.7B $0.9B $5.1B $1.1B Breakthrough 2 Breakthrough 1 Source: The McClean Report - 2019 Breakthrough 3 11Q
Slide 12: Royalty opportunity
Royalty opportunity • ~375 wafer fabs operating worldwide • Adoption of MST in one fab, at 50% of capacity, can make Atomera profitable from royalties alone • 2019 non-GAAP OPEX guidance is $11-12M Example 1. Worldwide Average Fab Example 2. Leading Foundry, 40nm Fab Monthly Fab Capacity1 Monthly Fa
Slide 13: Financial Overview
Financial Overview Q1 '18 Q2 '18 Q3 '18 Q4 '18 Q1 '19 GAAP Results Revenue - $0.1M - $0.15M $0.1M Gross Profit - ($0.02M) - $0.12M $0.1M Operating Expense ($3.1M) ($3.2M) ($3.5M) ($3.4M) ($3.7M) Net Loss ($3.1M) ($3.2M) ($3.4M) ($3.2M) ($3.5M) Loss Per Share ($0.26) ($0.26) ($0.28) ($0.22) ($0.24) R
Slide 14: Summary
Summary High margin, recurring revenue financial model Solid cash position Strong technology and patent position Traction with many top industry players and growing licensee base Ramping commercial license revenues 14
Slide 15: Thank You
ft e atomera Thank You