Atomera Inc Stock Price, News & Analysis

Atomera Incorporated (NASDAQ:ATOM) provided a corporate update and financial results for Q1 2023, reporting a net loss of
$5.0 million ($0.21 per share), compared to a loss of $4.1 million ($0.18 per share) in Q1 2022. Notable highlights included a definitive commercial license agreement with STMicroelectronics and ongoing development in the higher voltage power market. The company had $17.1 million in cash and equivalents as of March 31, 2023, down from $21.2 million at the end of 2022. Management emphasized their focus on converting existing engagements into further licensing agreements while navigating the risks tied to early-stage operations, including reliance on undetermined revenue streams and potential setbacks in technology implementation.

Atomera Incorporated has announced a commercial license agreement with STMicroelectronics (ST), allowing ST to implement Atomera’s Mears Silicon Technology™ (MST®) in its manufacturing processes. This technology enhances semiconductor performance, reducing die sizes by over 20%, and improves power efficiency in various electronic devices, from mobile phones to electric vehicles (EVs). Executing this agreement positions Atomera to quickly bring MST-enabled products to market, potentially increasing their competitive edge. The collaboration aims to address yield and performance challenges while lowering costs in semiconductor manufacturing.

Atomera Incorporated (NASDAQ:ATOM) is set to announce its first quarter 2023 financial results on April 26, 2023, after market closure. The company will host a live Zoom webinar at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day to discuss the financial results with investors. Atomera specializes in semiconductor materials and technology licensing, offering its proprietary Mears Silicon Technology™ (MST®) which enhances performance and power efficiency in semiconductor transistors. MST is designed to integrate seamlessly into existing semiconductor manufacturing processes, supporting other advanced nano-scaling technologies.

Atomera Incorporated (NASDAQ:ATOM) announced its exposure to Silicon Valley Bank (SVB) is immaterial. The company holds no cash deposits with SVB that exceed FDIC-insured limits. Most cash and cash equivalents are held in third-party investment accounts, with SVB only acting as an agent in a sweep account arrangement.

The FDIC's takeover has interrupted access to these external accounts; however, Atomera believes this will not materially affect its ability to meet obligations. Additionally, the company highlighted its use of Mears Silicon Technology (MST), which enhances performance in semiconductor transistors.

Atomera Incorporated (NASDAQ:ATOM) reported its fourth quarter and fiscal year 2022 results on February 15, 2023. The company incurred a net loss of ($4.3) million, or ($0.18) per share, in Q4 2022, slightly higher than the ($4.2) million loss in Q4 2021. For fiscal 2022, revenue decreased to $382,000 from $400,000 in 2021, with a net loss of ($17.4) million, compared to ($15.7) million in the previous year. Adjusted EBITDA also worsened, showing a loss of ($14.1) million for 2022. Cash and equivalents dropped to $21.2 million as of December 31, 2022, down from $28.7 million in 2021. The company highlighted increased customer interest in advanced node technologies.

Atomera (NASDAQ: ATOM) is set to report its fourth quarter and fiscal year 2022 financial results on February 15, 2023, after market close. The company will conduct a live Zoom webinar at 2:00 p.m. PT to discuss these results, accessible via Atomera's investor relations website. Atomera focuses on enhancing semiconductor technology with its proprietary Mears Silicon Technology (MST®), designed to improve performance and efficiency in semiconductor transistors. MST is compatible with existing manufacturing equipment and complements other technologies in the roadmap. More details are available on their website.

Atomera, a semiconductor materials and technology licensing company, has partnered with Arizona State University to advance semiconductor materials research. This collaboration, contracted to run through 2026, allows Atomera to utilize ASU's state-of-the-art facilities and labs, supporting its goals to enhance semiconductor devices and further Moore's Law. Atomera's Mears Silicon Technology (MST®) has already shown to increase circuit performance by up to 30% and reduce die sizes by 15-20% without significant capital expenditures.

Atomera (NASDAQ: ATOM), a semiconductor materials and licensing company, will present at the Benchmark Company's 11th Annual Discovery One-on-One Investor Conference on December 1, 2022, in New York City. The event will facilitate one-on-one meetings with institutional analysts and investors, providing growth companies a platform for direct engagement. Interested parties can register and schedule meetings via the provided link. Atomera focuses on deploying its proprietary technology in the semiconductor industry to enhance product performance.