Atomera Incorporated · NASDAQ:ATOM
Atomera — Needham Growth Conference 2024
17 slides from Atomera's conference presentation, Jan 16, 2024
Slide 1: Atomera Incorporated – Scott Bibaud, January 16, 2024
Scott Bibaud January 16, 2024 Atomera Incorporated 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 IP and technology licensing business ► Engaged with 50% of world’s top semiconductor makers ► Licenses with five c
Slide 4: MST: Mears Silicon Technology
MST: Mears Silicon Technology Quantum Engineered Silicon Partial Monolayers of MST Enhanced Oxygen in Silicon Transistors Supported by Major Semiconductor Tool Suppliers Atomera Incorporated 4
Slide 5: MST Technology
MST Technology ► MST is a material which, properly integrated, advances all types of transistors ► How does it work? § Improves carrier mobility § Enables dopant diffusion engineering § Minimizes gate leakage and variability § Enhances reliability allowing higher overdrive Transistor Architectural E
Slide 6: Target Customers & Partners
Target Customers & Partners Integrated Device Manufacturers Foundry Fabless Tool Suppliers (Partners) Atomera Incorporated 6
Slide 7: 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 8: Customer Pipeline
Customer Pipeline v Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition Phase 1. Planning 2. Setup 3. Integration 4. Installation 5. Qualification 6. Production Number of Customer Engagements 27 24 21 18 15 12 9 6 3 0 2016 2017 2018 2019 2020 2021 2022 1Q23 2Q23 3Q23 4Q23 P
Slide 9: Atomera Incorporated
ky t | o2}2- life.augmented ato mera Atomera Incorporated
Slide 10: ST Path to Production
ST Path to Production Customer Wafer Manufacturing Atomera MST® Deposition Customer MST® Deposition Planning Setup Integration Installation Productization Qualification Production Phase Integration Manufacturing Distribution License License License Royalties Fee Fee Fee Complete Atomera 10
Slide 11: Productization cycle
Productization cycle Process development with TCAD Freeze PDK Process Volume (Process Design Kit) Production Wafers Qualification MST Silicon manufactured Installation Validation with MST Productization Chip ChipDesigns Designs Chip Designs Start Chip Designs Start Start Atomera Incorporated 11
Slide 12: MST technology focus areas
MST MST-SP, SPX technology focus areas MST for RF-SOI MST for Advanced Nodes MST for DRAM Atomera 12
Slide 13: MST optimizes AI performance
MST optimizes AI performance ► AI algorithms are driving unprecedented compute workloads § Demands exceed ideal single chip silicon area, impacting yield ► Heterogenous chiplet architectures solve this problem ► Small chiplet designs can be optimized by process node ► MST’s ability to enhance mature
Slide 14: Strong and Growing IP Portfolio
Strong and Growing IP Portfolio 322 Patents Granted and Pending Discoverable These distinctive layers are visible on products using MST 103 US Patents 106 35 Pending 71 US Foreign 113 Foreign Patents Core MST Method and Device MST Enabled Devices/Architecture Extensive know-how Next-Gen Architecture
Slide 15: Financial Review
Financial Review Income Statement Three Months Ended ($ in thousands, except per-share data) September 30, 2023 June 30, 2023 September 30, 2022 REVENUE $ - $ - $ 2 Gross Profit - - 2 OPERATING EXPENSES Research & Development 3,305 3,192 2,743 General and Administration 1,683 1,775 1,567 Selling and
Slide 16: Summary
Summary ► High margin, recurring revenue financial model ► Strong technology, patent position, and balance sheet ► Traction with many top industry players and growing licensee base ► Ramping commercial license revenues Atomera Incorporated 16
Slide 17: Thank You
Thank You Atomera Incorporated 17