Atomera (ATOM) financial statements
Atomera reported revenue of $65,000 in fiscal 2025, down 6.4% a year over 8 years.
Net income was -$20M.
Free cash flow was -$15M.
The diluted share count rose 443% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Atomera's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0 | $110,000 | $246,000 | $533,000 | $62,000 | $400,000 | $382,000 | $550,000 | $135,000 | $65,000 |
| Cost of revenue | $0 | $39,000 | $148,000 | $253,000 | $13,000 | $0 | $81,000 | $28,000 | $123,000 | $321,000 |
| Gross profit | $0 | $71,000 | $98,000 | $280,000 | $49,000 | $400,000 | $301,000 | $522,000 | $12,000 | -$256,000 |
| Research and development | $4M | $6M | $7M | $8M | $8M | $9M | $10M | $13M | $11M | $12M |
| Selling, general and admin | $6M | $7M | $6M | $6M | $7M | $7M | $8M | $9M | $8M | $9M |
| Operating income | -$10M | -$13M | -$13M | -$14M | -$15M | -$16M | -$18M | -$21M | -$19M | -$21M |
| Interest expense | $3M | $0 | — | — | $0 | $128,000 | $255,000 | $194,000 | $129,000 | $60,000 |
| Pre-tax income | -$13M | -$13M | — | — | — | -$16M | -$17M | — | — | — |
| Income tax | — | — | — | — | $0 | $66,000 | $0 | — | — | — |
| Net income | -$13M | -$13M | -$13M | -$13M | -$15M | -$16M | -$17M | -$20M | -$18M | -$20M |
| EPS (diluted) | -$2.22 | -$1.11 | -$1.02 | -$0.84 | -$0.79 | -$0.70 | -$0.75 | -$0.80 | -$0.68 | -$0.65 |
| Diluted shares | 6M | 12M | 13M | 16M | 19M | 22M | 23M | 25M | 27M | 31M |
| Gross margin | — | 64.5% | 39.8% | 52.5% | 79.0% | 100.0% | 78.8% | 94.9% | 8.9% | -393.8% |
| Operating margin | — | -12009.1% | -5338.6% | -2556.3% | -24064.5% | -3882.2% | -4588.0% | -3759.5% | -14323.0% | -32496.9% |
| Net margin | — | -11880.0% | -5242.7% | -2495.3% | -23996.8% | -3928.5% | -4565.7% | -3598.2% | -13655.6% | -31036.9% |
Balance sheet
Fiscal years, from Atomera's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $27M | $17M | $19M | $15M | $38M | $29M | $21M | $20M | $27M | $19M |
| Receivables | $0 | $110,000 | $185,000 | $0 | $0 | $0 | — | $0 | $6,000 | $0 |
| Total current assets | $27M | $18M | $19M | $15M | $38M | $29M | $22M | $20M | $27M | $20M |
| Property, plant and equipment | $28,000 | $67,000 | $56,000 | $63,000 | $153,000 | $196,000 | $158,000 | $100,000 | $59,000 | $60,000 |
| Total assets | $27M | $18M | $19M | $15M | $39M | $36M | $27M | $24M | $29M | $21M |
| Total current liabilities | $1M | $949,000 | $2M | $1M | $1M | $3M | $3M | $4M | $4M | $2M |
| Total liabilities | $1M | $949,000 | $2M | $1M | $2M | $8M | $6M | $6M | $4M | $3M |
| Shareholders' equity | $26M | $17M | $18M | $14M | $37M | $28M | $20M | $18M | $25M | $18M |
| Net debt | -$27M | -$17M | -$19M | -$15M | -$38M | -$29M | -$21M | -$13M | -$26M | -$19M |
Cash flow
Fiscal years, from Atomera's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7M | -$9M | -$10M | -$10M | -$12M | -$12M | -$12M | -$15M | -$13M | -$15M |
| Capital spending | $28,000 | $60,000 | $23,000 | $51,000 | $131,000 | $109,000 | $39,000 | $31,000 | $14,000 | $49,000 |
| Free cash flow | -$7M | -$9M | -$10M | -$10M | -$12M | -$13M | -$13M | -$15M | -$13M | -$15M |
| Stock-based compensation | $2M | $4M | $2M | $3M | $3M | $3M | $3M | $4M | $4M | $5M |
| Free cash flow margin | — | -8499.1% | -3982.1% | -1962.3% | -19674.2% | -3137.5% | -3282.2% | -2652.4% | -9814.8% | -22953.8% |
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Open ATOM in InvestinglyQuestions
What was Atomera's revenue in 2025?
$65,000 in fiscal 2025, from its 10-K filing.
How much free cash flow does Atomera generate?
-$15M in fiscal 2025 (operating cash flow minus capital spending).
From Atomera's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.