Atomera(ATOM)
Search documents
3 Top Hypergrowth Stocks Primed to Steal the Spotlight
InvestorPlace· 2024-03-06 19:55
Core Insights - Hypergrowth stocks present both significant investment opportunities and risks, with some companies experiencing substantial revenue growth while others face challenges and losses [1][2] - The current economic environment, characterized by declining interest rates, may provide a favorable backdrop for previously high-performing stocks to regain momentum [2] Company Summaries Atomera (ATOM) - Atomera is leveraging its Mears Silicon Technology (MST) to enhance semiconductor performance without altering manufacturing tools, with applications across various circuit types [3] - A partnership with STMicroelectronics has validated MST's production readiness, potentially leading to increased industry recognition [4] - Revenue projections for Atomera indicate growth from $3 million in 2024 to $10 million in 2025, marking a significant inflection point for the company [4] Data Storage Corp. (DTST) - Data Storage Corp. is positioned as a key player in the AI data infrastructure market, benefiting from the growing demand for data storage solutions [6] - The company reported a 35% year-over-year revenue growth to $6 million last quarter, maintaining profitability with earnings per share of 2 cents [7] - The CloudFirst segment has shown triple-digit growth, indicating strong potential for future expansion [6] Civitas Resources (CIVI) - Civitas Resources is an independent oil and gas producer with significant growth in earnings and revenue expected, with EPS projected to rise by 17% this year and 15% next year [8] - Revenue is anticipated to surge by 57% to $5.5 billion in 2024, supported by favorable oil prices due to tight supply and strong demand [8] - The company offers an attractive 8.5% dividend yield, distributing 50% of its average free cash flow, indicating robust cash flow growth potential [8]
Atomera Stock: Exposure To AI And The CEO Make It A Buy
Seeking Alpha· 2024-03-03 14:11
da-kuk Atomera Incorporated (NASDAQ:ATOM) recently reported significant exposure to the AI industry, 5G, and the IoT sector, which may, in my view, accelerate net sales growth. Taking into account the number of customer engagements expected for the year 2024, the business connections of ATOM's CEO, and total amount of cash standing in the balance sheet, ATOM does look like a buy. There are risks from failed sales and marketing efforts, failed partnerships with manufacturers, or lack of sufficient financing ...
Atomera(ATOM) - 2023 Q4 - Annual Report
2024-02-14 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-37850 ATOMERA INCORPORATED (Exact name of registrant as specified in its charter) Delaware 30-0509586 (State or Other jurisdiction ...
Atomera(ATOM) - 2023 Q4 - Earnings Call Transcript
2024-02-14 06:27
Atomera, Inc. (NASDAQ:ATOM) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Mike Bishop - Investor Relations Scott Bibaud - President, Chief Executive Officer & Director Francis Laurencio - Chief Financial Officer, Chief Accounting Officer & Corporate Secretary Conference Call Participants Richard Shannon - Craig-Hallum Cody Acree - The Benchmark Company Mike Bishop Hello, everyone and welcome to Atomera's Fourth Quarter and Fiscal Year 2023 Update Call. I'd like to remind ...
Atomera(ATOM) - 2023 Q3 - Earnings Call Transcript
2023-11-02 02:26
Atomera, Inc. (NASDAQ:ATOM) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Mike Bishop - IR Scott Bibaud - President, CEO & Director Francis Laurencio - Chief Financial & Accounting Officer and Corporate Secretary Conference Call Participants Richard Shannon - Craig-Hallum Cody Acree - The Benchmark Company Mike Bishop Hello, everyone, and welcome to Atomera's Third Quarter Fiscal Year 2023 Update Call. I'd like to remind everyone that this call and webinar are being recor ...
Atomera(ATOM) - 2023 Q3 - Quarterly Report
2023-10-31 16:00
Financial Performance - Atomera's revenue for the three and nine months ended September 30, 2023, was $0, compared to $2,000 and $377,000 for the same periods in 2022 [77]. - For the nine months ended September 30, 2023, the company reported a net loss of approximately $15.2 million and used approximately $11.6 million of cash and cash equivalents in operations [89]. Operating Expenses - Operating expenses for the three months ended September 30, 2023, were approximately $5.4 million, an increase of 15% from $4.7 million in 2022 [79]. - Research and development expenses for the three months ended September 30, 2023, increased by approximately $562,000, or 20%, totaling approximately $3.3 million [80]. - General and administrative expenses for the three months ended September 30, 2023, were approximately $1.7 million, reflecting a 7% increase from $1.6 million in 2022 [82]. - Selling and marketing expenses for the three months ended September 30, 2023, were approximately $365,000, an increase of 5% from $347,000 in 2022 [83]. Cash Flow - Net cash used in operating activities for the nine months ended September 30, 2023, was approximately $11.6 million, resulting from a net loss of approximately $15.2 million [87]. - Net cash used in investing activities for the nine months ended September 30, 2023, was approximately $7.6 million, primarily for the purchase of short-term available-for-sale investments [88]. - Net cash provided by financing activities for the nine months ended September 30, 2023, was approximately $10.7 million, primarily related to net proceeds from the ATM offering [88]. - As of September 30, 2023, the company had cash and cash equivalents of approximately $12.6 million, short-term investments of approximately $7.7 million, and working capital of approximately $17.9 million [89]. Capital Raising and Future Needs - The company sold approximately 1.4 million shares at an average price of approximately $8.11, resulting in approximately $11.2 million of net proceeds after deducting commissions and other offering expenses [91]. - Since September 30, 2023, the company sold approximately 15,000 additional shares at an average price of $7.13, resulting in additional net proceeds of approximately $104,000 [91]. - The company believes its available working capital is sufficient to fund its forecasted working capital requirements for at least the next 12 months [92]. - The company may need to raise additional capital if it cannot generate sufficient revenue from license fees and royalties [92]. Licensing and Partnerships - Atomera entered into a license agreement with ST Microelectronics in April 2023, which could lead to royalties on MST-enabled products upon successful milestones [72]. Operational Risks - The company is facing a potential loss of access to semiconductor manufacturing and engineering services from TSI Technology Development & Commercialization Services LLC, effective January 31, 2024 [96]. - The transition to a new foundry provider may incur meaningful startup costs and divert engineering resources from ongoing R&D activities [96]. Internal Controls and Accounting - The company has not experienced any changes to its critical accounting estimates or internal controls over financial reporting during the reporting period [93][94]. - Management concluded that the company's disclosure controls and procedures were effective as of September 30, 2023 [93].
Atomera(ATOM) - 2023 Q2 - Earnings Call Transcript
2023-08-02 23:49
Atomera Incorporated (NASDAQ:ATOM) Q2 2023 Earnings Conference Call August 2, 2023 5:00 PM ET Company Participants Mike Bishop - Investor Relations Scott Bibaud - President & Chief Executive Officer Frank Laurencio - Chief Financial Officer Conference Call Participants Richard Shannon - Craig Hallum Cody Acree - The Benchmark Company Mike Bishop Hello, everyone, and welcome to Atomera’s Second Quarter Fiscal Year 2023 Update Call. I’d like to remind everyone that this call and webinar are being recorded, an ...
Atomera(ATOM) - 2023 Q2 - Earnings Call Presentation
2023-08-02 23:05
Q2 2023 Conference Call August 2, 2023 Atomera Incorporated 1 Safe Harbor This presentation contains forward-looking statements concerning Atomera Incorporated (““Atomera,” the “Company,” “we,” “us,” ...
Atomera(ATOM) - 2023 Q2 - Quarterly Report
2023-08-01 16:00
Table of Contents Delaware 30-0509586 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock: Par value $0.001 ATOM Nasdaq Capital Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2023. or ☐ Transition R ...
Atomera(ATOM) - 2023 Q1 - Earnings Call Transcript
2023-04-27 01:31
Atomera Incorporated (NASDAQ:ATOM) Q1 2023 Earnings Conference Call April 26, 2023 5:00 PM ET Company Participants Mike Bishop – Investor Relations Scott Bibaud – President and Chief Executive Officer Frank Laurencio – Chief Financial Officer Conference Call Participants Richard Shannon – Craig-Hallum Cody Acree – Benchmark Mike Bishop Hello, everyone, and welcome to Atomera's First Quarter Fiscal Year 2023 Update Call. I'd like to remind everyone that this call and webinar are being recorded, and a replay ...