KOPN - NASDAQ
Kopin Corporation
$6.19
+1.5%Kopin Corporation, together with its subsidiaries, invents, develops, manufactures, and sells microdisplays, subassemblies, head-mounted and hand-held systems, and related components for defense, enterprise, industrial, and consumer products in the United States, the Asia-Pacific, Europe, and internationally. It offers miniature active-matrix liquid crystal displays, liquid crystal on silicon displays/spatial light modulators, organic light emitting diode displays, application specific integrated circuits, backlights, and optical lenses; and headset systems. The company's products are used in soldier, avionic, armored vehicle and training, and simulation defense applications; industrial, public safety, and medical headsets; 3D optical inspection systems; and consumer augmented reality and virtual reality wearable headsets systems. Kopin Corporation was incorporated in 1984 and is headquartered in Westborough, Massachusetts.
At a Glance
Live SnapshotKopin Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
Kopin Corporation Cash Flow Statement
KOPN • NASDAQ
| Kopin Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
2.5B | -43.9M | -19.7M | -19.3M | -13.5M | -4.5M | -29.4M | -35.8M | -25.4M | -23M | -14.8M | -28.7M | -5.6M | -19M | 4.3M | 9M | 19.3M | 2.6M | -6.6M | -2.1M | |
829.6M | 636.6K | 608.2K | 722K | 668.7K | 651.1K | 792.2K | 2M | 2.5M | 993.6K | 2.1M | 3M | 3.6M | 9.1M | 8.6M | 6.6M | 6M | 5M | 3.7M | 2.9M | |
0.0 | 170.6K | 0.0 | 143.3K | 128.3K | 116.5K | 105K | 4.2K | -2.4M | 1.5M | -75K | -230.7K | 252.7K | 2.2M | 4.7M | -2.5M | -1.6M | 3.1M | 0.0 | 0.0 | |
3B | 3.3M | 3.9M | 1.3M | 4.4M | 821.1K | 2.1M | 4.8M | 2.3M | 2.4M | 3.1M | 4.8M | 4.2M | 4.5M | 3.9M | 2.6M | 1.9M | 2.7M | 0.0 | 0.0 | |
-21.9B | 29.1M | 5.1M | 2.6M | 190.8K | -349.7K | 6.9M | 1.9M | 344.7K | -7.2M | -8.1M | 2.2M | -26.9M | 3.3M | -3.9M | 969.5K | 918.6K | 2.2M | 3.4M | 1.4M | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.4M) | (281K) | (723K) | (50K) | (0.0) | (95K) | (75K) | (186K) | (221K) | (1.3M) | (238K) | (0.0) | (0.0) | |
-6.3M | -3.6M | -5.1M | -3.1M | -2.7M | -1.1M | -1.5M | -1M | -3.3M | -781.2K | 779.9K | -747.5K | 5.5M | 3.7M | 1.6M | -2.6M | -3.1M | -4M | -4.7M | -1.2M | |
-15.5B | -14.2M | -15.3M | -17.7M | -10.7M | -4.4M | -21M | -28.2M | -25.9M | -26.2M | -16.9M | -19.6M | -18.9M | 3.8M | 19.3M | 13.9M | 23.4M | 11.7M | -4.1M | 889.3K | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-1.4B | -815.3K | -949.5K | -832.7K | -1M | -542.9K | -170.2K | -1.2M | -2.8M | -394.9K | -1.1M | -1.5M | -741.5K | -9.8M | -7.1M | -15.8M | -3.7M | -3.3M | -7.6M | -7.9M | |
(0.0) | (0.0) | (0.0) | -500K | (0.0) | (0.0) | -2.5M | -1M | -3.7M | (15M) | (1.1M) | (1.5M) | (55.4M) | (188.2K) | -10.1M | (15.8M) | (212.4K) | (3.3M) | (0.0) | (0.0) | |
-15.2B | -19.2M | -17.6M | -4M | (0.0) | (0.0) | (170.2K) | -5.7M | -19.6M | -51.8M | -22.8M | -19.9M | -52.9M | -42.1M | -44.3M | -48.7M | -48.7M | -31.6M | -16.5M | -32.5M | |
36.4B | 9.7M | 10.4M | 2M | 1.1M | 12.1M | 7.5M | 26.6M | 37.5M | 51.9M | 47.3M | 39.8M | 19.7M | 38.2M | 41.1M | 52.2M | 31.3M | 54.2M | 32M | 46.5M | |
-1.8B | -45.0 | 62.7K | 20.9K | -12.8K | 193.2K | -211.2K | -8.4K | -140.9K | 8.2M | -1.1M | -1.3M | -10.6K | -2.3M | 16.9K | -15.7M | 384.8K | -5.3M | -1M | -4.9M | |
(18B) | -10.3M | -8.1M | -3.3M | (53.7K) | (11.8M) | (4.7M) | (18.8M) | (11.3M) | (22.8M) | (23.3M) | (18.7M) | (21.5M) | -15.9M | -20.4M | -12.2M | -20.5M | (17.3M) | (6.9M) | (1.2M) | |
FINANCING ACTIVITIES | ||||||||||||||||||||
45M | 33.5M | 21.3M | 2.7M | 20.4M | 3.7M | 8M | -208K | 23.9M | -510.6K | -1.1M | -1.3M | -9.2M | -4.1M | -5.4M | -6.6M | -5.3M | 0.0 | -1.1K | -6.4M | |
-28M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(0.0) | -266.9K | (0.0) | -198.7K | -602.1K | -139.9K | -45.5K | -208K | -771.3K | -510.6K | -1.1M | -1.3M | -9.2M | -4.1M | -5.4M | -6.7M | -5.3M | (0.0) | -281K | -6.9M | |
43.9B | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -45.5K | -699.1K | -791.7K | 0.0 | 86K | 137.8K | -3.7M | -628.6K | -1M | -567.7K | -862.7K | -215.5K | 0.0 | -360K | |
44B | 33.5M | 21.3M | 2.7M | 20.4M | 3.7M | 8M | -845K | 23.1M | -510.6K | -986.3K | -1.1M | -12.8M | -4.1M | -5.4M | -7.2M | -6.2M | -215.5K | -1.1K | -6.8M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
4M | -952.0 | 14.5K | -190.6K | -80.1K | 12.8K | -6.2K | -268.2K | 560.5K | -93.5K | -264.4K | -34.5K | -93.3K | 266.8K | -218K | 456.9K | 160K | -1.5M | 44.3K | 1.1M | |
46.4B | 9M | -2M | -18.5M | 9.7M | 11.1M | -8.3M | -10.5M | 9M | -3.9M | 5.1M | -2.1M | -10.4M | -16M | -6.7M | -5M | -3.1M | 27.2M | 2.8M | -3.6M | |
15.2B | 6.2M | 8.3M | 26.8M | 17.1M | 6M | 14.3M | 24.8M | 15.8M | 19.8M | 14.6M | 16.8M | 27.1M | 43.1M | 49.8M | 54.8M | 57.9M | 30.7M | 27.9M | 31.5M | |
61.6B | 15.2M | 6.2M | 8.3M | 26.8M | 17.1M | 6M | 14.3M | 24.8M | 15.8M | 19.8M | 14.6M | 16.8M | 27.1M | 43.1M | 49.8M | 54.8M | 57.9M | 30.7M | 27.9M | |
-17B | -15M | -16.2M | -18.5M | -11.8M | -5M | -21.2M | -29.3M | -28.7M | -26.6M | -18M | -21.1M | -19.6M | -6M | 12.1M | -1.9M | 19.7M | 8.3M | -11.8M | -7M |
SEC Filings
KOPN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 28, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 12, 2026 | March 28, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 12, 2026 | May 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 29, 2026 | April 28, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 22, 2026 | April 21, 2026 | 2026 | |
10-K 10-K 2025 FY FY | April 13, 2026 | December 27, 2025 | 2025 | |
8-K 8-K 2026 N/A | March 27, 2026 | March 27, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 09, 2026 | January 05, 2026 | 2026 | |
S-1/A S-1/A (Amended) N/A | November 25, 2025 | November 25, 2025 | ||
8-K 8-K 2025 N/A | November 12, 2025 | November 12, 2025 | 2025 |
Related Guides
Continue your KOPN research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.