Quarterly ResultMay 5, 2026, 04:52 PM
Atomera Q1 Net Loss $6.1M, EPS ($0.17); Cash $41.1M After $25M Equity Raise
AI Summary
Atomera Incorporated announced its financial results for the first quarter ended March 31, 2026, reporting a net loss of ($6.1) million, or ($0.17) per basic and diluted share. This compares to a net loss of ($5.2) million, or ($0.14) per share, in the first quarter of 2025. The company significantly strengthened its financial position by completing a $25 million registered direct offering of common stock, increasing its cash, cash equivalents, and short-term investments to $41.1 million as of March 31, 2026. Additionally, Atomera highlighted progress in customer evaluations for MST in Gate-All-Around structures and expanded GaN offerings for RF applications.
Key Highlights
- Completed $25 million registered direct offering of common stock.
- Q1 2026 net loss was ($6.1) million, compared to ($5.2) million in Q1 2025.
- Q1 2026 basic and diluted EPS was ($0.17), compared to ($0.14) in Q1 2025.
- Cash, cash equivalents, and short-term investments totaled $41.1 million as of March 31, 2026.
- Adjusted EBITDA loss for Q1 2026 was ($4.9) million, compared to ($4.4) million in Q1 2025.
- MST in Gate-All-Around structures moved into the evaluation phase for customers.
- Expanded GaN offerings to RF applications demonstrating breakthrough improvements to enhance RF performance.