Atomera(US:ATOM)2021-08-03 16:00Revenue and Financial Performance - Revenue for the six months ended June 30, 2021, was approximately $400,000, compared to $62,000 for the same period in 2020, representing a significant increase [67]. - Net cash used in operating activities for the six months ended June 30, 2021, was approximately $6.6 million, primarily due to a net loss of approximately $7.3 million [74]. Operating Expenses - Operating expenses for the three months ended June 30, 2021, totaled approximately $3.7 million, slightly down from $3.8 million in the same period in 2020 [69]. - Research and development expenses for the six months ended June 30, 2021, were approximately $4.3 million, an increase of approximately $150,000 compared to $4.1 million in 2020 [70]. - General and administrative expenses for the six months ended June 30, 2021, were approximately $3.0 million, up from $2.9 million in 2020, reflecting an increase of approximately $94,000 [71]. - Selling and marketing expenses for the six months ended June 30, 2021, were approximately $403,000, a decrease of approximately $37,000, or 8%, compared to $440,000 in 2020 [72]. Cash Position - As of June 30, 2021, the company had cash and cash equivalents of approximately $34.3 million and working capital of approximately $33.9 million [76]. Future Outlook and Strategy - The company expects to generate increased fees from licensing agreements and royalties from customer sales of products incorporating MST technology in the future [65]. - The company has a commercialization strategy focused on licensing MST technology to foundries, IDMs, and fabless semiconductor manufacturers [63]. - Future capital requirements will depend on the successful commercialization of MST technology and the need for collaborations or acquisitions to enhance current offerings [77].