Atomera Inc Financials
Atomera Inc (ATOM) reported $65K in revenue for fiscal year 2025, down 51.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Atomera remains a cash-funded development business, where R&D spending and financing access matter far more than current sales.
From FY2023 to FY2025, operating cash burn barely changed, moving from-$14.6M to-$14.9M . With FY2025 revenue only$65K , the company is still operating like a funded research platform rather than a business whose sales meaningfully absorb its cost base.
Liquidity looks comfortable because FY2025 cash of
Funding has come mainly from shareholders: shares outstanding rose from 26.1M to 32.4M over the last two years. That pattern lets Atomera avoid debt pressure and keep a very light liability structure; it also fits with gross margin turning negative, a sign that today's sales are too sparse and lumpy to reveal stable unit economics.
Financial Health Signals
Atomera Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Atomera Inc scores 20.68, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($176.4M) relative to total liabilities ($2.7M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Atomera Inc passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Atomera Inc reported a net loss of $20.2M while operations used $14.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Atomera Inc reported an operating loss of $21.1M against $60K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Atomera Inc generated $65K in revenue in fiscal year 2025. This represents a decrease of 51.9% from the prior year.
Atomera Inc's EBITDA was -$21.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 9.3% from the prior year.
Atomera Inc reported -$20.2M in net income in fiscal year 2025. This represents a decrease of 9.4% from the prior year.
Atomera Inc earned -$0.65 per diluted share (EPS) in fiscal year 2025. This represents an increase of 4.4% from the prior year.
Cash & Balance Sheet
Atomera Inc recorded an outflow of $14.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 12.6% from the prior year.
Atomera Inc held $19.2M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Atomera Inc's ROE was -109.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 36.2 percentage points from the prior year.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2025: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Atomera Inc invested $12.3M in research and development in fiscal year 2025. This represents an increase of 11.6% from the prior year.
Atomera Inc invested $49K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 250.0% from the prior year.
Not reported for fiscal year 2025.
ATOM Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | $65K-51.9% | $135K-75.5% | $550K+44.0% | $382K-4.5% | $400K+545.2% | $62K-88.4% | $533K+116.7% | $246K+123.6% | $110K | $0 | N/A |
| Cost of Revenue | N/A | $321K+161.0% | $123K+339.3% | $28K-65.4% | $81K | $0-100.0% | $13K-94.9% | $253K+70.9% | $148K+279.5% | $39K | $0 | N/A |
| Gross Profit | N/A | -$256K-2233.3% | $12K-97.7% | $522K+73.4% | $301K-24.8% | $400K+716.3% | $49K-82.5% | $280K+185.7% | $98K+38.0% | $71K | $0 | N/A |
| R&D Expenses | N/A | $12.3M+11.6% | $11.0M-11.9% | $12.5M+24.8% | $10.0M+14.3% | $8.8M+4.2% | $8.4M+8.7% | $7.7M+5.9% | $7.3M+25.6% | $5.8M+45.9% | $4.0M+97.5% | $2.0M |
| SG&A Expenses | N/A | $7.8M+7.4% | $7.3M+2.7% | $7.1M+9.8% | $6.4M+4.5% | $6.2M+9.6% | $5.6M+8.1% | $5.2M+5.0% | $5.0M-14.5% | $5.8M+13.5% | $5.1M+48.4% | $3.4M |
| Operating Income | N/A | -$21.1M-9.2% | -$19.3M+6.5% | -$20.7M-18.0% | -$17.5M-12.9% | -$15.5M-4.1% | -$14.9M-9.5% | -$13.6M-3.7% | -$13.1M+0.6% | -$13.2M-32.1% | -$10.0M-81.8% | -$5.5M |
| Interest Expense | N/A | $60K-53.5% | $129K-33.5% | $194K-23.9% | $255K+99.2% | $128K | $0-100.0% | $325K+37.7% | $236K | $0-100.0% | $2.6M+36.8% | $1.9M |
| Income Tax | N/A | N/A | N/A | N/A | $0-100.0% | $66K | $0 | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | -$20.2M-9.4% | -$18.4M+6.8% | -$19.8M-13.5% | -$17.4M-11.0% | -$15.7M-5.6% | -$14.9M-11.9% | -$13.3M-3.1% | -$12.9M+1.3% | -$13.1M-3.6% | -$12.6M-32.6% | -$9.5M |
| EPS (Diluted) | — | -$0.65+4.4% | -$0.68+15.0% | -$0.80-6.7% | -$0.75-7.1% | -$0.70 | N/A | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ATOM Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $21.1M-27.6% | $29.1M+21.2% | $24.0M-10.1% | $26.7M-25.9% | $36.1M-8.5% | $39.4M+158.5% | $15.2M-21.3% | $19.4M+8.7% | $17.8M-33.8% | $26.9M+685.9% | $3.4M |
| Current Assets | $19.6M-27.6% | $27.1M+32.8% | $20.4M-5.5% | $21.6M-25.5% | $29.0M-23.8% | $38.1M+153.8% | $15.0M-22.2% | $19.3M+8.8% | $17.7M-33.9% | $26.8M+722.5% | $3.3M |
| Cash & Equivalents | $19.2M-25.5% | $25.8M+104.7% | $12.6M-40.6% | $21.2M-26.2% | $28.7M-24.4% | $37.9M+155.1% | $14.9M-21.5% | $18.9M+9.0% | $17.4M-35.0% | $26.7M+735.7% | $3.2M |
| Accounts Receivable | $0-100.0% | $6K | $0 | N/A | $0 | $0 | $0-100.0% | $185K+68.2% | $110K | $0 | N/A |
| Total Liabilities | $2.7M-33.0% | $4.0M-30.9% | $5.9M-8.7% | $6.4M-16.5% | $7.7M+274.6% | $2.0M+39.6% | $1.5M-8.9% | $1.6M+69.8% | $949K-8.0% | $1.0M-93.8% | $16.5M |
| Current Liabilities | $2.0M-44.1% | $3.6M-6.2% | $3.8M+31.2% | $2.9M+5.6% | $2.8M+90.1% | $1.4M-1.4% | $1.5M-8.9% | $1.6M+69.8% | $949K-8.0% | $1.0M-93.8% | $16.5M |
| Total Equity | $18.4M-26.7% | $25.1M+38.0% | $18.2M-10.6% | $20.3M-28.4% | $28.4M-24.0% | $37.3M+171.2% | $13.8M-22.4% | $17.7M+5.3% | $16.9M-34.8% | $25.8M+297.0% | -$13.1M |
| Retained Earnings | -$241.7M-9.1% | -$221.5M-9.1% | -$203.1M-10.8% | -$183.3M-10.5% | -$165.9M-10.5% | -$150.1M-11.0% | -$135.3M-10.9% | -$122.0M-11.8% | -$109.1M-13.6% | -$96.0M-15.1% | -$83.4M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
ATOM Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$15.1M | -$14.9M-12.4% | -$13.2M+9.1% | -$14.6M-16.5% | -$12.5M-0.5% | -$12.4M-3.1% | -$12.1M-15.9% | -$10.4M-6.5% | -$9.8M-5.2% | -$9.3M-36.6% | -$6.8M-55.0% | -$4.4M |
| Capital Expenditures | $51K | $49K+250.0% | $14K-54.8% | $31K-20.5% | $39K-64.2% | $109K-16.8% | $131K+156.9% | $51K+121.7% | $23K-61.7% | $60K+114.3% | $28K+600.0% | $4K |
| Free Cash Flow | -$15.1M | -$14.9M-12.6% | -$13.3M+9.2% | -$14.6M-16.4% | -$12.5M+0.1% | -$12.6M-2.9% | -$12.2M-16.6% | -$10.5M-6.8% | -$9.8M-4.8% | -$9.3M-36.9% | -$6.8M-55.5% | -$4.4M |
| Investing Cash Flow | -$23.1M | $951K-84.4% | $6.1M+190.1% | -$6.8M-17210.3% | -$39K+64.2% | -$109K+16.8% | -$131K-156.9% | -$51K-121.7% | -$23K+61.7% | -$60K-361.5% | -$13K | N/A |
| Financing Cash Flow | $31.4M | $7.4M-63.9% | $20.3M+60.0% | $12.7M+153.1% | $5.0M+51.9% | $3.3M-90.6% | $35.3M+451.3% | $6.4M-43.7% | $11.4M | $0-100.0% | $30.3M | N/A |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
ATOM Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | -393.8% | 8.9%-86.0pp | 94.9%+16.1pp | 78.8%-21.2pp | 100.0%+21.0pp | 79.0%+26.5pp | 52.5%+12.7pp | 39.8%-24.7pp | 64.5% | N/A | N/A |
| Operating Margin | -32496.9% | -14323.0% | -3759.4% | -4588.0% | -3882.3% | -24064.5% | -2556.3% | -5338.6% | -12009.1% | N/A | N/A |
| Net Margin | -31036.9% | -13655.6% | -3598.2% | -4565.7% | -3928.5% | -23996.8% | -2495.3% | -5242.7% | -11880.0% | N/A | N/A |
| Return on Equity | -109.7%-36.2pp | -73.5%+35.4pp | -108.9%-23.1pp | -85.9%-30.5pp | -55.4%-15.5pp | -39.8%+56.7pp | -96.6%-23.9pp | -72.7%+4.8pp | -77.5%-28.7pp | -48.8% | N/A |
| Return on Assets | -95.6%-32.3pp | -63.3%+19.1pp | -82.4%-17.1pp | -65.3%-21.7pp | -43.6%-5.8pp | -37.8%+49.5pp | -87.3%-20.6pp | -66.6%+6.8pp | -73.4%-26.5pp | -46.9%+231.3pp | -278.2% |
| Current Ratio | 9.80+2.2x | 7.58+2.2x | 5.35-2.1x | 7.43-3.1x | 10.54-15.8x | 26.29+16.1x | 10.22-1.8x | 11.97-6.7x | 18.68-7.3x | 26.01+25.8x | 0.20 |
| Debt-to-Equity | 0.150.0x | 0.16-0.2x | 0.320.0x | 0.320.0x | 0.27+0.2x | 0.05-0.1x | 0.110.0x | 0.090.0x | 0.060.0x | 0.04 | N/A |
| FCF Margin | -22953.8% | -9814.8% | -2652.4% | -3282.2% | -3137.5% | -19674.2% | -1962.3% | -3982.1% | -8499.1% | N/A | N/A |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Gross Margin, Operating Margin, Net Margin, FCF Margin.
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Where Atomera Inc Ranks
Frequently Asked Questions
What is Atomera Inc's annual revenue?
Atomera Inc (ATOM) reported $65K in total revenue for fiscal year 2025. This represents a -51.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Atomera Inc's revenue growing?
Atomera Inc (ATOM) revenue declined by 51.9% year-over-year, from $135K to $65K in fiscal year 2025.
Is Atomera Inc profitable?
No, Atomera Inc (ATOM) reported a net income of -$20.2M in fiscal year 2025.
What is Atomera Inc's EBITDA?
Atomera Inc (ATOM) had EBITDA of -$21.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Atomera Inc's return on equity (ROE)?
Atomera Inc (ATOM) has a return on equity of -109.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Atomera Inc's free cash flow?
Atomera Inc (ATOM) recorded an outflow of $14.9M in free cash flow during fiscal year 2025. This represents a -12.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Atomera Inc's operating cash flow?
Atomera Inc (ATOM) recorded an outflow of $14.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Atomera Inc's total assets?
Atomera Inc (ATOM) had $21.1M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Atomera Inc's capital expenditures?
Atomera Inc (ATOM) invested $49K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Atomera Inc spend on research and development?
Atomera Inc (ATOM) invested $12.3M in research and development during fiscal year 2025.
What is Atomera Inc's current ratio?
Atomera Inc (ATOM) had a current ratio of 9.80 as of fiscal year 2025, which is generally considered healthy.
What is Atomera Inc's debt-to-equity ratio?
Atomera Inc (ATOM) had a debt-to-equity ratio of 0.15 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Atomera Inc's return on assets (ROA)?
Atomera Inc (ATOM) had a return on assets of -95.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Atomera Inc's cash runway?
Based on fiscal year 2025 data, Atomera Inc (ATOM) had $19.2M in cash against an annual operating cash burn of $14.9M. This gives an estimated cash runway of approximately 16 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Atomera Inc's Altman Z-Score?
Atomera Inc (ATOM) has an Altman Z-Score of 20.68, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Atomera Inc's Piotroski F-Score?
Atomera Inc (ATOM) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Atomera Inc's earnings high quality?
Atomera Inc (ATOM) reported a net loss of $20.2M while operations used $14.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Atomera Inc cover its interest payments?
Atomera Inc (ATOM) reported an operating loss of $21.1M against $60K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.