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For the quarter ending 2026-03-28, KOPN has $102,436,507 in assets. $34,019,573 in debts.

Balance Sheets Overview

Current Ratio
261.40%
Quick Ratio
245.61%
Debt to Asset Ratio
33.21%
Unit: Dollar
Assets Breakdown
    • Cash and cash equivalents
    • Restricted cash and cash equival...
    • Equity method investment, at fai...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Accrued litigation damages
    • Others

Balance Sheets
2026-03-28
2025-12-27
2025-09-27
2025-06-28
Cash and cash equivalents
34,148,324 36,350,083 26,508,140 24,369,310
Restricted cash and cash equivalents
25,338,612 25,277,063 1,050,000 1,050,000
Marketable securities, at fair value
---2,417,877
Accounts receivable, net of allowance of 6,200 and 19,000 in 2026 and 2025, respectively
3,441,794 10,726,776 6,357,343 9,481,332
Contract assets
6,134,563 6,032,913 9,948,216 6,840,887
Grant income receivable
753,068 ---
Inventory
4,977,813 5,505,775 6,293,750 6,685,225
Other receivable, at fair value
4,859,350 5,057,974 --
Prepaid expenses and other current assets
2,769,220 2,855,383 3,018,271 1,795,521
Total current assets
82,422,744 91,805,967 53,175,720 52,640,152
Property, plant and equipment, gross
-17,356,939 --
Accumulated depreciation and amortization
-14,740,136 --
Property, plant and equipment, net
3,670,715 2,616,803 2,750,197 2,684,545
Operating lease right-of-use assets
1,329,689 1,488,231 2,015,472 2,212,679
Other assets
123,822 123,822 123,822 123,822
Equity method investment, at fair value
9,150,000 8,900,000 --
Equity investments
5,739,537 3,459,434 3,151,255 3,523,632
Total assets
102,436,507 108,394,257 61,216,466 61,184,830
Customer deposits
--9,542 -
Accrued legal expenses
-185,475 1,850,000 5,961,506
Accounts payable
5,713,343 5,315,998 6,125,584 4,129,863
Accrued payroll and expenses
3,178,401 2,231,848 2,247,619 2,345,847
Accrued warranty
41,000 1,165,000 2,069,000 2,016,000
Contract liabilities
1,008,635 1,168,009 1,365,819 275,053
Deferred grant income
-2,688,627 --
Operating lease liabilities
661,355 648,469 775,814 765,559
Accrued post-retirement benefits
40,000 40,000 40,000 40,000
Other accrued liabilities
771,835 422,440 1,623,656 648,287
Deferred tax liabilities
416,583 422,458 465,403 447,498
Accrued litigation damages
19,700,000 19,700,000 19,700,000 24,800,000
Total current liabilities
31,531,152 33,988,324 36,272,437 41,429,613
Non-current contract liabilities, and asset retirement obligations
2,728 3,675 378,453 388,240
Operating lease liabilities, net of current portion
661,375 831,507 1,230,109 1,436,276
Accrued post-retirement benefits, net of current portion
150,646 190,696 190,646 190,646
Other long-term liabilities, net of current portion
1,673,672 1,706,411 1,822,341 1,700,221
Total liabilities
34,019,573 36,720,613 39,893,986 45,144,996
Preferred stock, par value .01 per share authorized, 3,000 shares no shares issued and outstanding as of 2025 and 2024
---0
Series a redeemable convertible preferred stock, par value 0.01, stated value 7,000 per share 1,000 shares authorized, 1,000 issued, and outstanding at march 28, 2026 and december 27, 2025 aggregate liquidation preference of 7,028,000 at march 28, 2026 and 7,000,000 as of december 27, 2025
7,591,481 7,556,481 --
Common stock, par value 0.01 275,000,000 shares authorized in 2026 and 2025, 184,280,028 issued in 2026 and 183,015,207 issued in 2025, and 176,903,857 outstanding at march 28, 2026 and december 27, 2025
1,776,753 1,776,753 1,571,180 1,570,086
Additional paid-in capital
463,611,163 463,150,835 424,708,822 423,604,168
Treasury stock 771,500 shares at march 28, 2026 and december 27, 2025, at cost
1,389,174 1,389,174 484,717 459,669
Accumulated other comprehensive income
--1,759,687 1,638,345
Accumulated deficit
-403,173,289 -399,421,251 -406,232,492 -410,313,096
Total stockholders equity
60,825,453 64,117,163 21,322,480 16,039,834
Total liabilities, redeemable convertible preferred stock, and stockholders equity
102,436,507 108,394,257 61,216,466 61,184,830
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Cash and cashequivalents$34,148,324 Restricted cash and cashequivalents$25,338,612 Contract assets$6,134,563 Inventory$4,977,813 Other receivable, atfair value$4,859,350 Accounts receivable, netof allowance of...$3,441,794 Prepaid expenses andother current assets$2,769,220 Grant incomereceivable$753,068 Total current assets$82,422,744 Equity methodinvestment, at fair value$9,150,000 Equity investments$5,739,537 Property, plant andequipment, net$3,670,715 Operating leaseright-of-use assets$1,329,689 Other assets$123,822 Total assets$102,436,507 Total liabilities,redeemable convertible...$102,436,507 Total stockholdersequity$60,825,453 Total liabilities$34,019,573 Series a redeemableconvertible preferred...$7,591,481 Accumulated deficit-$403,173,289 Treasury stock 771,500shares at march 28, 2026...$1,389,174 Additional paid-in capital$463,611,163 Total currentliabilities$31,531,152 Other long-termliabilities, net of current...$1,673,672 Operating leaseliabilities, net of current...$661,375 Accruedpost-retirement benefits, net of...$150,646 Non-current contractliabilities, and asset...$2,728 Common stock, par value0.01 275,000,000...$1,776,753 Accrued litigationdamages$19,700,000 Accounts payable$5,713,343 Accrued payroll andexpenses$3,178,401 Contract liabilities$1,008,635 Other accruedliabilities$771,835 Operating leaseliabilities$661,355 Deferred tax liabilities$416,583 Accrued warranty$41,000 Accruedpost-retirement benefits$40,000

KOPIN CORP (KOPN)

KOPIN CORP (KOPN)