Slide 1: Q4 2019 Conference Call
Q4 2019 Conference Call February 12, 2020 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: Company Overview
Company Overview Transistor enhancement Strong, Growing and technology for the Defensible $450B semiconductor market Patent Portfolio Mears Silicon Technology (MST®) Quantum Engineered Materials Top Tier High Leverage IP Management Team Licensing Business Model 33
Slide 4: Customer engagements
Customer engagements Number of Customer Engagements 27 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 2Q 19 3Q 19 4Q 19 Phase 1 Phase 2 Phase 3 • 19 customers, 25 engagements • Working with 50% of the world’s top semiconductor makers* * 10 of the top 20
Slide 5: 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 6: MST-SP progress
MST-SP progress MST SP Progress 3.0 2.5 2.0 RSP 1.5 2 (mΩ-mm ) 1.0 Industry 0.5 top-runners 0.0 May 2019 Result Current Result Projected Current Result Feb-19 Atomera May-19 R&D fab Aug-19 Dec-19 Atomera R&D fab Mar-20 Jun-20 Advanced fab Sep-20 Control MST SP Industry Top Runner 6
Slide 7: MST matching performance
MST matching performance 35 Transistor mismatch is an industry problem Si control 30 Certain circuit designs benefit from mismatch MST process reduction 25 better matching A-D convertors 20 SRAM σΔVth [mV] Flash 15 DRAM sense amplifiers 10 MST can reduce mismatch by more than 50% 5 Details available
Slide 8: Financial review
Financial review Q4 '18 Q1 '19 Q2 '19 Q3 '19 Q4 '19 FY 2019 Balance Sheet 12/31/19 GAAP Results Cash $14.9M Revenue $0.15M $0.07M $0.07M $0.25M $0.14M $0.53M Debt - Gross Profit $0.12M $0.07M $0.05M $0.05M $0.11M $0.28M Shares Outstanding 17.1M Operating Expense R&D $2.0 $2.1 $2.1 $1.7 $1.8 $7.7 G&A
Slide 9: Thank You
oft © atomera Thank You