Atomera Incorporated : Q2 Financial Results (Atomera Incorporated News Detail Q2)

About this update from Atomera Incorporated

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 [email protected] 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. 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