KOPIN CORP SEC Filings

Kopin Corporation filed Post-Effective Amendment No. 2 to convert its previously effective registration into a Form S-3 and to incorporate its Form 10-Q for the quarter ended March 28, 2026. This prospectus registers the resale by selling stockholders of up to 15,789,576 shares of Common Stock; the Company will not receive proceeds from these resales.

The prospectus discloses 185,841,861 shares outstanding prior to this offering (based on stated figures) and references prior financings including a PIPE that closed September 30, 2025 with estimated net proceeds of $38.1M. The filing also summarizes recent strategic agreements, including a Joint Development and License Agreement with Fabric AI and supply/commercial terms tied to potential development funding up to $15,000,000 (initial purchase order $5,000,000), and notes material weaknesses in internal control and historical operating losses.

Kopin Corporation reported results from its 2026 Annual Meeting of Stockholders. Shareholders approved an amendment and restatement of the 2020 Equity Incentive Plan, which increases the shares available for issuance under the plan and extends its term. They also elected five directors to serve until the 2027 annual meeting, ratified BDO USA, P.C. as the independent registered public accounting firm for the fiscal year ending December 26, 2026, and approved on an advisory basis the compensation of the company’s named executive officers.

Kopin Corporation filed a Post-Effective Amendment converting its previously effective Form S-1 (File No. 333-291345) into a Form S-3 and registering for resale up to 15,789,576 shares of Common Stock by existing selling stockholders.

The registration covers resale shares issued in a private placement at $2.10 per share and was filed pursuant to a registration rights agreement; Kopin will receive no proceeds from resales. The prospectus incorporates Kopin’s audited fiscal 2025 financial statements and discloses 185,841,861 shares outstanding prior to the offering (based on 183,508,528 as of March 28, 2026 plus 2,333,333 shares issuable upon conversion of Series A Preferred).

Kopin Corporation reported first‑quarter 2026 revenues of $10.6 million, essentially flat year over year, and a net loss of $3.8 million, or $0.02 per share. Net product revenues fell to $5.4 million, mainly from lower defense display volumes, but were offset by $3.4 million of grant income and $0.3 million of collaboration income.

Product gross margin turned slightly negative as cost of product revenues exceeded product sales, which management attributes to reduced production efficiency and lower volume. Operating expenses rose, driven by higher funded R&D tied to a U.S. government MicroLED grant and increased selling, general and administrative costs.

Non‑operating income improved to $2.3 million, largely from gains on investments, partially cushioning the operating loss. Kopin ended the quarter with $34.1 million in cash and cash equivalents and $25.3 million in restricted cash, including funds securing a $23.0 million supersedeas bond related to the BlueRadios judgment. Management believes current cash supports operations and obligations for at least the next twelve months and highlights ongoing strategic partnerships with Theon and a new joint development and supply agreement with Fabric.AI.

Kopin Corporation reported preliminary first-quarter 2026 revenue of $10.6 million, essentially flat versus $10.5 million a year earlier. Product revenue fell to $5.4 million from $9.2 million, but this was offset by much higher funded and collaboration activity, shifting the mix toward non-product work.

The company highlighted a strategic collaboration with Fabric.AI backed by a $15 million initial development order and a 19.9% equity stake, targeting AI data-center optical interconnects. Defense demand strengthened, including more than $5 million of European helmet-mounted display awards and a $21.5 million U.S. thermal imaging production contract. Kopin ended the quarter with $34.1 million in cash and $59.5 million in total cash, restricted cash and marketable securities, and believes liquidity is sufficient through at least the end of the second quarter of 2027.

KOPIN CORP Chief Operating Officer Paul Christopher Baker reported an open‑market sale of Common Stock. On May 6, 2026, he sold 58,939 shares at $4.90 per share. After this transaction, he directly holds 420,025 shares of KOPIN CORP common stock.

The filing states that these sales were carried out under a Rule 10b5‑1 trading plan adopted by the reporting person on November 18, 2025. Such plans are pre‑arranged trading programs designed to systematically sell shares over time.

KOPIN CORP Chief Operating Officer Paul Christopher Baker reported an open-market sale of 1,041 shares of Common Stock at $4.90 per share. After this transaction, he directly holds 478,964 shares of the company’s common stock.

The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2025, indicating the transaction was part of a scheduled diversification or liquidity program rather than a discretionary trade based on near-term company developments.

Kopin Corporation reported insider sales of common stock by Paul C. Baker. Mr. Baker sold 116,860 shares on 04/28/2026 for $461,597.24 and sold 1,041 shares on 05/05/2026 for $5,100.90.

The filing lists recent equity awards: 11,077 incentive and retention shares (03/16/2024), 6,731 incentive and retention shares (03/17/2024), and RSU grants of 17,662 (12/10/2025) and 23,469 (04/23/2026). A figure of 183,363,415 appears in the header.

Kopin Corporation notice: a Form 144 filing relates to the proposed sale of Common stock by Paul Baker. The filing lists 116,860 shares with a transaction date of 04/28/2026. The record references Incentive and Retention Shares dated 03/16/2024.