“R&D expenses for the three months ended March 28, 2026 and March 29, 2025 were as follows: Three Months Ended Three Months Ended (In thousands) March 28, 2026 March 29, 2025 Funded $ 3,806 $ 639 Internal 1,105 1,477 Total research and development expense $ 4,…”10-Q · May 12, 2026 ↗
Kopin Corporation
KOPN
Market read
Kopin Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
- KOPN's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if KOPN's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- KOPN's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Operating margin changed +60.6 percentage points in the latest annual period.
- Net margin changed +93.8 percentage points in the latest annual period.
- Tariffs and trade policy has repeated favorable evidence across 3 filings.
- Latest annual revenue changed -21.9% year over year.
- Diluted shares increased 31.8% in the latest annual period.
- Operating cash flow was only -5.961x net income in the latest annual period.
- P/E is 1348% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 230% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
4.55Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“The increase in cash, cash equivalents, and restricted cash for the twelve months ended December 27, 2025 was primarily due to proceeds from the sales of marketable securities of $36.4 million, proceeds from issuance of preferred stock of $6.7 million partial…”10-K · Apr 13, 2026 ↗
“Litigation damages were accrued as a result of the April 22, 2024, jury verdict that was entered against the Company awarding approximately $5.1 million in damages as well as recommending $19.7 million in disgorgement and exemplary damages.”10-K · Apr 13, 2026 ↗
“In some cases, our contracts allow us to pass along new or increased tariffs subject to ability to prove the impact of the tariff on the cost of our product.”10-K · Apr 13, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 20.3× · EV/sales 19.3×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for KOPN. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for KOPN. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind KOPN
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ONDSOndas Inc.partnerApr 13, 2026 ▾
“Further financing developments included several new partnerships with major defense contractors in the US such as Ondas and Unusual Machines, and in Europe including Theon International.”
UMACUnusual Machines, Inc.partnerApr 13, 2026 ▾
“Further financing developments included several new partnerships with major defense contractors in the US such as Ondas and Unusual Machines, and in Europe including Theon International.”
Depended on by
FABCFabric.AI, Inc.supplierMay 15, 2026 ▾
“The Company’s ability to successfully execute this strategy is subject to significant uncertainties, including its ability to successfully develop and commercialize the Neural I/o™ chip, its dependence on Kopin Corporation for key technology and manufacturing…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 7 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
KOPN is currently a Early Follower in the organic co-movement group Space & Resource Tech. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for KOPN; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.