Q2 Financial Results (Atomera Incorporated News Detail Q2)

Home Technology

MST

Epitaxial Deposition

MST Advantages

Integration Engineering

MSTcad™ - TCAD

Publications

Back to News

Atomera Provides Second Quarte

August 5, 2025 LOS GATOS, CA / ACCESS Newswire / August 5, 2025 / Atomera

Applications Analog s Power DRAM

r 2025 Results

Incorporated (NASDAQ:ATOM), a semiconduct rporate update and announced financial result

on-Si technology for next-gen RF and power

U.S. chip innovation portfolio

d bring exciting new technology to the industry, Bibaud, President and CEO. "Right now, Atomer chnologies that we are confident will lead us t

FinFETs

HighK Metal Gate

Image Processors or

materials and technology licensing company, today provided a co s

for the second quarter ended June 30, 2025.

Recent Company Highlights Announced a strategic collaboration with Incize to advance GaN-devices

Joined National Semiconductor Technology Center to accelerate

Reached 400 issued and pending patents in intellectual property

Management Commentary

"As we continue to expand our ecosystem of industry partners an

Logic s Processors RF Products

SRAM

Company

About Atomera Management

News s Blogs we

are seeing growing interest from potential customers," said Scott a is

in a period of heavy customer wafer run activity across multiple te future commercial agreements."

Financial Results

Contact o

Investors

Investors Overview

The Company incurred a net loss of ($5.0) million, or ($0.17) per basic and diluted share in the second quarter of 2025, compared to a net loss of ($4.4) million, or ($0.16) per basic and dilutSetdocskhInafroerm, faotriotnhe secoNnedwsquarter of 2024.

Adjusted EBITDA (a non-GAAP financial measure) in the second quarter of 2025 was a loss of ($4.0) million

Events s Presentations

compared to an adjusted EBITDA loss of ($3.6) million in the second quarter of 2024.

The Company had $22.0 million in cash and cash equivalents as of June 30Fi,li2n0gs25s,Fcinoamncpiaalsred to $25.8 million of cash

and cash equivalents as of December 31, 2024.

Corporate Governance

The total number of shares outstanding was 31.1 million as of June 30, 2025.

Investor Services

Second Quarter 2025 Results Webinar

Atomera will host a live video webinar today to discuss its financial results and recent progress. Date: Tuesday, Aug. 5, 2025

Time: 2:00 p.m. PT (5:00 p.m. ET)

Webcast: Accessible at https://ir.atomera.com

Note about Non-GAAP Financial Measures

In addition to the unaudited results presented in accordance with generally accepted accounting principles, or GAAP, in this press release, Atomera presents adjusted EBITDA, which is a non-GAAP financial measure. Adjusted EBITDA is determined by taking net loss and eliminating the impacts of interest, depreciation, amortization and stock-based compensation. Our definition of adjusted EBITDA may not be comparable to the definitions of similarly-titled measures used by other companies. We believe that this non-GAAP financial measure, viewed in addition to and not in lieu of our reported GAAP results, provides useful information to investors by providing a more focused

measure of operating results. This metric is used as part of the Company's internal reporting to evaluate its operations and the performance of senior management. A table reconciling this measure to the comparable GAAP

measure is available in the accompanying financial tables below.

Home

About Atomera Incorporated

Atomera Incorporated is a semiconductor materials and technolo proprietary, silicon-proven technology into the semiconductor ind Technology™ (MST®), which increases performance and power eff implemented using equipment already deployed in semiconduct

Technology MST

gy licensing company focused on deploying its ustry. Atomera has developed Mears Silicon iciency in semiconductor transistors. MST can or manufacturing facilities and is complementa ndustry roadmap. More information can be fou

g Atomera Incorporated, including statements and the ability of our MST technology to

-looking statements involve known and unkno ts to differ materially. Among those factors are: g services and licensing revenues and we hav subjecting us to all of the risks inherent in an

ot proceed with qualification of MST in its o market, (3) risks related to our ability to

reements or, even if successfully completed, t

4) risks related to our ability to advance licensin ufacturing and distribution licenses or our abili ent capital, as and when needed, to pursue th technology; (6) our ability to protect our

other risks disclosed in the section "Risk Factor March 4, 2025. We caution readers not to place dertake, and specifically disclaim any obligatio unanticipated events as they occur.

llow -

ated Sheets share data)

Epitaxial Deposition be

MST Advantages ry

to other nano-scaling technologies already in the semiconductor i nd

at https://www.atomera.com.

Safe Harbor

This press release contains forward-looking statements concernin regarding the prospects for the semiconductor industry generally significantly improve semiconductor performance. Those forward

Integration Engineering MSTcad™ - TCAD

Publications

Applications wn

risks, uncertainties and other factors that could cause actual resul (1)

the fact that, to date, we have only recognized minimal engineerin not yet commenced principal revenue producing operations, thus early-stage enterprise; (2) the risk that STMicroelectronics does n manufacturing process or does not take MST-enabled products t

Analog s Power e

DRAM

FinFETs

successfully complete the milestones in our joint development ag o

reach a commercial distribution license with our JDA customers; ( arrangements with our integration licensees to royalty-based man

HighK Metal Gate g

Image Processors ty

to add other licensees; (5) risks related to our ability to raise suffici e

further development, licensing and commercialization of our MST

Logic s Processors

proprietary technology, trade secrets and knowhow and (7) those s"

RF Products

included in our Annual Report on Form 10-K filed with the SEC on undue reliance on any forward-looking statements. We do not un update or revise such statements to reflect new circumstances or

-- Financial Tables Fo

Atomera Incorpor Condensed Balance (in thousands, except per

SRAM

Company

About Atomera Management News s Blogs

n, to

Dece

June 30, March 31, 3

2025 2025 20 (Unaudited) (Unaudited) ASSETS

Current assets:

$ 22,026 $ 24,123 $

Cash and cash equivalents

- -

Short-term investments

- -

Accounts receivable

63 81

Interest receivable

659 335

Prepaid expenses and other current assets

22,748 24,539

Total current assets

Contact

Investors

Investors Overview

Stock Information News

Events s Presentations

Filings s Financials

Corporate Governance

Investor Services

Home

Technology

MST

Epitaxial Deposition

MST Advantages

Integration Engineering

MSTcad™ - TCAD

Publications

Applications

Analog s Power

DRAM

FinFETs

HighK Metal Gate

Image Processors

Logic s Processors

RF Products

SRAM

Company

About Atomera

Management

News s Blogs

Contact

Investors

Investors Overview

Stock Information News

Events s Presentations

Filings s Financials

Corporate Governance

Investor Services

50 52

Property and equipment, net

30 91

Long-term prepaid maintenance and supplies

14 14

Security deposit

155 218

Operating lease right-of-use asset

1,087 1,338

Financing lease right-of-use-asset

$ 24,084 $ 26,252 $

Total assets LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:

$ 665 $ 761 $

Accounts payable

207 195

Accrued expenses

649 402

Accrued payroll related expenses

124 184

Current operating lease liability

1,148 1,314

Current financing lease liability

- -

Deferred revenue

2,793 2,856

Total current liabilities

- -

Long-term operating lease liability

- 113

Long-term financing lease liability

2,793 2,969

Total liabilities

- -

Commitments and contingencies

Stockholders' equity:

Preferred stock $0.001 par value, authorized 2,500 shares; none issued and outstanding as of June 30, 2025, March 31, 2025 and December 31, 2024

Common stock: $0.001 par value, authorized 47,500 shares; 31,090 shares issued

and outstanding as of June 30, 2025, 30,704 shares issued and outstanding as of 31 31

March 31, 2025; and 30,540 shares issued and outstanding as of December 31, 2024

252,956 249,981 2

Additional paid-in capital

- -

Other comprehensive income(loss)

(231,696 ) (226,729 ) (2

Accumulated deficit

21,291 23,283

Total stockholders' equity

$ 24,084 $ 26,252 $

Total liabilities and stockholders' equity

Home

Technology

MST

Epitaxial Deposition

ated Operations share data) Atomera Incorpor Condensed Statements of (Unaudited) (in thousands, except per

MST Advantages Integration Engineering MSTcad™ - TCAD

Publications

Three Months Ended Six Months End June 30, March 31, June 30, June 30, 2025 2025 2024 2025 20

$ - $ 4 $ 72 $ 4 $

Revenue

(62 ) - (74 ) (62 )

Cost of revenue

(62 ) 4 (2 ) (2 )

Gross margin

Operating expenses

3,004 3,255 2,589 6,259

Research and development

2,048 2,088 1,832 4,136

General and administrative

141 124 207 265

Selling and marketing

5,193 5,467 4,628 10,660

Total operating expenses

(5,255 ) (5,463 ) (4,630 ) (10,718 )

Loss from operations

Other income (expense)

234 270 185 504

Interest income

- 6 47 6

Accretion income

(18 ) (21 ) (35 ) (39 )

Interest expense

72 (1 ) 72 71

Other income, net

288 254 269 542

Total other income (expense), net

$ (4,967 ) $ (5,209 ) $ (4,361 ) $ (10,176 ) $

Net loss

Applications

Analog s Power

DRAM

FinFETs

HighK Metal Gate

Image Processors

Logic s Processors

RF Products

SRAM

Company

About Atomera

Management

News s Blogs

Contact

Investors

Investors Overview

Stock Information News

Events s Presentations

Filings s Financials

Corporate Governance

Investor Services

$ (0.17 ) $ (0.17 ) $ (0.16 ) $ (0.34 ) $

Net loss per common share, basic and diluted

Weighted average number of common shares 30,397 30,243 26,467 30,321

outstanding, basic and diluted

Home

Technology

ated AP EBITDA

MST

Atomera Incorpor Reconciliation to Non-GA (Unaudited)

Epitaxial Deposition MST Advantages Integration Engineering

Three Months Ended Six Months End June 30, March 31, June 30, June 30, 2025 2025 2024 2025 20

$ (4,967 ) $ (5,209 ) $ (4,361 ) $ (10,176 ) $

Net loss (GAAP)

12 12 13 24

Depreciation and amortization

1,278 1,009 987 2,287

Stock-based compensation

(234 ) (270 ) (185 ) (504 )

Interest income

- (6 ) (47 ) (6 )

Accretion income

18 21 35 39

Interest expense

(72 ) 1 (72 ) (71 )

Other income, net

$ (3,965 ) $ (4,442 ) $ (3,630 ) $ (8,407 ) $

Net loss non-GAAP EBITDA

MSTcad™ - TCAD

Publications

Applications

Analog s Power

DRAM

FinFETs

HighK Metal Gate

Image Processors

Logic s Processors

RF Products

SRAM

Company

About Atomera

Management

News s Blogs

Contact

Investor Contact:

Bishop IR Mike Bishop

(415) 894-9633

investor@atomera.com

SOURCE: Atomera, Inc

Investors

Investors Overview

Stock Information

News Events s Presentations

Filings s Financials

Corporate Governance

View the original press release on ACCESS Newswire

Investor Services

Home

Technology

Applications

Company

Investors

Contact

Copyright© 2020 Atomera Incorporated. Privacy | Legal