Kopin Corporation, a leading provider of high-performance optical solutions, reported their financial results for the second quarter of 2025. The company experienced a net loss of $5.2 million, compared to a net loss of $5.9 million in the same quarter of 2024. Total revenues for the quarter ended June 28, 2025, were $8.5 million, down from $12.3 million during the same period in 2024. Year-over-year product revenues decreased to $7.5 million from $11.1 million, primarily due to reduced revenues from thermal weapon sights and lower than expected orders for training, simulation, and optical inspection modules. This decline was partially offset by an increase in sales of products used for public safety and medical devices. Funded research and development revenues also decreased to $0.9 million, attributed to a reduction in funding for U.S. defense programs and budget delays. Kopin's revenue expectations for the second quarter were impacted by delays in order processing related to the U.S. government budget process, leading to customer uncertainty. However, the company has started to experience improved order flow and anticipates receiving additional contracts in the coming months. Kopin is positioning itself as a global defense player, leveraging increased budgets from defense departments in the U.S., EU, and Southeast Asia, along with its industry-leading products and technologies.
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