Atomera(ATOM) - 2025 Q4 - Annual Results

Financial Performance - For the fourth quarter of 2025, Atomera reported a net loss of $4.4 million, or $0.14 per share, an improvement from a net loss of $5.6 million, or $0.17 per share in Q3 2025[4] - Fiscal year 2025 revenue was $65,000, a significant decrease from $135,000 in fiscal 2024, with a net loss of $20.2 million, or $0.65 per share, compared to a net loss of $18.4 million, or $0.68 per share in fiscal 2024[5] - Adjusted EBITDA for Q4 2025 was a loss of $3.3 million, improving from a loss of $4.4 million in Q3 2025 and $3.9 million in Q4 2024[4] - Total operating expenses for fiscal 2025 were $20.87 million, up from $19.35 million in fiscal 2024[16] - Atomera's accumulated deficit reached $241.7 million as of December 31, 2025, compared to $221.5 million a year earlier[14] Cash and Investments - As of December 31, 2025, Atomera had $19.2 million in cash and short-term investments, down from $26.8 million a year earlier[6] - The total number of shares outstanding was 32.4 million as of December 31, 2025[7] Research and Development - Research and development expenses for Q4 2025 were $2.74 million, compared to $3.30 million in Q3 2025[16] - Atomera achieved a technical breakthrough demonstrating manufacturability of Mears Silicon Technology (MST) on Gate-All-Around structures, with the first commercial customer running wafers on GaN[8] - The company is advancing its GaN-on-Silicon concept paper to the proposal phase in the Power America funding program[8]

Atomera(ATOM) - 2025 Q4 - Annual Results - Reportify