Atomera(US:ATOM)2025-10-28 20:30Financial Performance - The company reported a net loss of $5.6 million, or $0.17 per share, for Q3 2025, compared to a net loss of $4.6 million, or $0.17 per share, in Q3 2024[4] - Adjusted EBITDA for Q3 2025 was a loss of $4.4 million, compared to a loss of $3.9 million in Q3 2024[4] - Cash, cash equivalents, and short-term investments decreased to $20.3 million as of September 30, 2025, down from $26.8 million as of December 31, 2024[5] - The company experienced a gross margin loss of $117,000 in Q3 2025, compared to a gross margin of $19,000 in Q3 2024[16] - Total operating expenses for Q3 2025 were $5.7 million, up from $4.8 million in Q3 2024[16] Operational Highlights - The company processed a record number of MST wafers for customers during the quarter[8] - Research and development expenses increased to $3.3 million in Q3 2025, compared to $2.8 million in Q3 2024[16] - The total number of shares outstanding was 31.5 million as of September 30, 2025[6] Strategic Initiatives - The company announced the hiring of Wei Na as Vice President of Sales to enhance customer engagement and accelerate licensing agreements[3] - The company emphasized the importance of its collaboration with STMicroelectronics for gaining technical insights and market credibility despite not progressing as hoped[3]