Slide 1: Investor Presentation
Investor Presentation December 2020 12/14/20 Atomera Incorporated | CONFIDENTIAL 1
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 technology licensing business § Robust and growing patent portfolio ► Engaged with 50% of world’s top semiconducto
Slide 4: Target Customers & Partners
Target Customers & Partners Integrated Device Manufacturers Foundry Fabless Tool Suppliers (Partners) 12/14/20 Atomera Incorporated | CONFIDENTIAL 4
Slide 5: Customer Engagement & Revenue Model
Customer Engagement & Revenue Model v Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition 1. Planning 2. Setup 3. Integration 4. Installation 5. Qualification 6. Production Phase Engineering Service • MST deposition on customer wafers Fees • Integration consulting • Integra
Slide 6: Customer Pipeline
Customer Pipeline Number of Customer Engagements 27 24 21 18 15 12 9 6 3 0 IPO 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 16 16 17 17 17 17 18 18 18 18 19 19 19 19 20 20 20 Phase 1 Phase 2 Phase 3 • 19 customers, 25 engagements • Working with 50% of the world’s top semiconductor makers* * At
Slide 7: Royalty Opportunity
Royalty Opportunity ► ~370 wafer fabs operating worldwide ► Adoption of MST in one fab can make Atomera profitable from royalties alone § 2020 non-GAAP OPEX guidance is $12.00 - $12.25M Example 1 | Worldwide Average Fab Example 2 | Leading Foundry, 28nm Fab Monthly Fab Capacity1 Monthly Fab Capacity
Slide 8: Financial Review
Financial Review FY 2019 Q1 '20 Q2 '20 Q3 '20 YTD 2020 Balance Sheet 09/30/20 GAAP Results Cash $25.30M Revenue $0.53M $0.06M $ - $ - $0.06M Debt - Gross Profit $0.28M $0.05M $ - $ - $0.05M Shares Outstanding 21.0M Operating Expense R&D $7.7 $2.1M $2.1M $2.0M $6.2M G&A $5.2 $1.4M $1.5M $1.3M $4.2M S
Slide 9: Summary
Summary ► High margin, recurring revenue financial model ► Strong technology and patent position ► Traction with many top industry players and growing licensee base ► Ramping commercial license revenues 12/14/20 Atomera Incorporated | CONFIDENTIAL 9
Slide 10: Thank You
Thank You 12/14/20 Atomera Incorporated | CONFIDENTIAL 10