The chart below shows how ATOM performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ATOM sees a +13.39% change in stock price 10 days leading up to the earnings, and a +4.34% change 10 days following the report. On the earnings day itself, the stock moves by -4.29%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Successful Revenue Generation: Revenue in 2024 was $135,000, consisting of MST CAD licensing and NRE fees, indicating a successful year in generating income from core operations.
Operating Expenses Decline: GAAP operating expenses declined to $19,300,000 in 2024, down from $21,200,000 in 2023, reflecting effective cost management and operational efficiency.
Cash and Investments Increase: The balance of cash, cash equivalents, and short-term investments increased to $26,800,000 as of December 31, 2024, compared to $19,500,000 at the end of 2023, strengthening the company's financial position.
Patent Portfolio Expansion: The patent portfolio expanded with over 30 granted and pending patents in 2024, showcasing significant progress in R&D and innovation capabilities.
Customer Engagement Opportunities: Engagements with multiple customers in high-growth markets, including transformative customers initiating demo wafer runs, highlight strong customer interest and potential for future revenue growth.
Negative
Revenue Shortfall Analysis: Revenue in 2024 was only $135,000, significantly lower than expected, indicating ongoing challenges in customer adoption and market penetration.
Net Loss Improvement: GAAP net loss for the year was $18.4 million, or 68¢ per share, which, while an improvement from the previous year, still reflects substantial financial strain.
Revenue Decline Analysis: Fourth quarter revenue dropped to $23,000, a stark decline from $550,000 in Q4 2023, highlighting a troubling trend in revenue generation.
Operating Expenses Analysis: Operating expenses in Q4 2024 were $4.9 million, slightly higher than the previous quarter, indicating potential inefficiencies despite a year-over-year reduction in overall operating costs.
Cash Flow Concerns: The company used $13.2 million in cash for operating activities during 2024, raising concerns about cash flow sustainability given the lack of revenue visibility in the near term.
Earnings call transcript: Atomera Q4 2024 reports revenue miss, stock drops
ATOM.O
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