Every material Form 8-K KOPIN CORP has filed with the SEC since June 04, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kopin reported second quarter 2026 results for the period ended June 27, 2026, with total revenue up 51% to $12.7 million, driven mainly by grant, collaboration and research and development revenue. Net income attributable to common stockholders was $0.9 million, or $0.00 per share, compared with a net loss of $5.2 million, or $(0.03) per share, a year earlier, though the result was helped by a $2.1 million tax benefit and about $2.3 million of investment gains. The CFO said the company expects a solid second half of 2026 that exceeds its prior guidance.
Total revenue $12.7 million vs. $8.5 million in Q2 2025; product revenue $7.6 million vs. $7.5 million
Loss from operations $3.5 million vs. $5.5 million in Q2 2025
Net income $0.9 million ($0.00 per share) vs. net loss $5.2 million ($(0.03) per share), including a $2.1 million tax benefit
Management expects a solid second half of 2026 exceeding prior guidance and meaningful progress toward GAAP profitability in Q4 2026
Kopin sold its equity in Lightning Silicon Technology and LS Assets to those companies for $1.00 each on June 10, 2026, and the shares were retired, leaving Kopin with no equity interest in either. Kopin also confirmed that its technology license with LST ended April 10, 2026, and set transition and royalty terms, which the company says are not expected to have a material effect on its consolidated financial statements.
Kopin's 18,000,000 Series Seed-1 Preferred shares of LST and 18,000,000 common shares of LSA were repurchased for $1.00 each, dated June 10, 2026.
Technology License Agreement with LST was terminated April 10, 2026; the Services Agreement expired in 2025.
Kopin will pay LST a royalty of $7.50 per display on certain customer orders secured between April 10, 2026 and October 30, 2026.
Kopin issued a $25,000 NRE purchase order, payable within 30 days, and LST's limited license to fulfill existing firm orders runs through July 15, 2026.
On May 28, 2026, Theon International Plc converted all 1,000 outstanding shares of Kopin's Series A Convertible Preferred Stock into common stock at a conversion price of $3.00 per share. The conversion issued 2,380,973 new common shares to Theon, and the preferred stock has been retired, so no preferred shares remain outstanding. For shareholders, this changes the company's capital structure by adding common shares and removing the preferred stock, as disclosed in this filing.
Conversion date: May 28, 2026
All 1,000 Series A Convertible Preferred shares converted at $3.00 per share
Theon received 2,380,973 shares of Kopin common stock
Series A Convertible Preferred Stock retired; none outstanding
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every KOPIN CORP filing is on SEC EDGAR ↗. 8-K briefs of other companies →