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KOPIN CORP: 10-K filed 2018-03-23

What KOPIN CORP reported in its annual report filed 2018-03-23 (fiscal FY 2017): 42 published measures, 132 facts as tagged in accession 0000771266-18-000012.

This filing

Form
10-K (annual report)
Filed
2018-03-23
Fiscal period
fiscal FY 2017
Accession
0000771266-18-000012 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All KOPIN CORP filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2017-12-3091,322,490USD
At 2016-12-3187,832,272USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2017-12-3078,099,269USD
At 2016-12-3174,077,686USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2017-12-3024,848,227USD
At 2016-12-3115,822,495USD
At 2015-12-2619,767,889USD
At 2013-12-2814,635,801USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2017-10-01 to 2017-12-30-1,803,000USD91
2017-01-01 to 2017-12-30-25,240,482USD364
2017-07-02 to 2017-09-30-8,247,000USD91
2017-04-02 to 2017-07-01-7,332,000USD91
2017-01-01 to 2017-04-01-7,858,000USD91
2016-09-25 to 2016-12-31-5,190,000USD98
2015-12-27 to 2016-12-31-23,434,116USD371
2016-06-26 to 2016-09-24-8,117,000USD91
2016-03-27 to 2016-06-25-3,194,000USD91
2015-12-27 to 2016-03-26-6,932,000USD91
2014-12-28 to 2015-12-26-14,693,416USD364

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-25,912,698USD364
2015-12-27 to 2016-12-31-26,174,695USD371
2014-12-28 to 2015-12-26-16,919,549USD364

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2017-01-01 to 2017-12-302,794,467USD364
2015-12-27 to 2016-12-31394,897USD371
2014-12-28 to 2015-12-261,122,808USD364

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2017-10-01 to 2017-12-3011,397,000USD91
2017-01-01 to 2017-12-3027,841,490USD364
2017-07-02 to 2017-09-306,139,000USD91
2017-04-02 to 2017-07-015,927,000USD91
2017-01-01 to 2017-04-014,378,000USD91
2016-09-25 to 2016-12-316,373,000USD98
2015-12-27 to 2016-12-3122,642,566USD371
2016-06-26 to 2016-09-245,795,000USD91
2016-03-27 to 2016-06-254,355,000USD91
2015-12-27 to 2016-03-266,119,000USD91
2014-12-28 to 2015-12-2632,054,419USD364

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2017-01-01 to 2017-12-3023,101,190USD364
2015-12-27 to 2016-12-31-510,597USD371
2014-12-28 to 2015-12-26-986,338USD364

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2017-01-01 to 2017-12-3011,276,727USD364
2015-12-27 to 2016-12-3122,833,376USD371
2014-12-28 to 2015-12-2623,302,358USD364

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2017-12-30-240,121,901USD
At 2016-12-31-214,042,787USD

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-2,963,000USD364
2015-12-27 to 2016-12-313,130,000USD371
2014-12-28 to 2015-12-26-25,000USD364

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2017-12-305,077,043USD
At 2016-12-312,976,006USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2017-01-01 to 2017-12-302,296,131USD364
2015-12-27 to 2016-12-312,425,326USD371
2014-12-28 to 2015-12-263,145,479USD364

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-30,297,973USD364
2015-12-27 to 2016-12-31-20,472,617USD371
2014-12-28 to 2015-12-26-25,236,400USD364

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2017-12-3079,739,496USD
At 2016-12-3183,394,104USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2017-12-3012,103,513USD
At 2016-12-3113,365,707USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

PeriodValueUnitDays
At 2017-12-304,918,605USD
At 2016-12-314,355,462USD

Goodwill carrying amount

Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.

PeriodValueUnitDays
At 2017-12-301,780,247USD
At 2016-12-31844,023USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

PeriodValueUnitDays
At 2017-12-30883,636USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2017-12-303,955,123USD
At 2016-12-311,664,488USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2017-12-305,080,797USD
At 2016-12-313,302,112USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2017-10-01 to 2017-12-303,654,000USD91
2017-07-02 to 2017-09-301,444,000USD91
2017-04-02 to 2017-07-01862,000USD91
2017-01-01 to 2017-04-01816,000USD91
2016-09-25 to 2016-12-311,560,000USD98
2016-06-26 to 2016-09-24949,000USD91
2016-03-27 to 2016-06-25-550,000USD91
2015-12-27 to 2016-03-261,342,000USD91

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2017-01-01 to 2017-12-3020,541,244USD364
2015-12-27 to 2016-12-3116,961,773USD371
2014-12-28 to 2015-12-2618,134,580USD364

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

PeriodValueUnitDays
2017-01-01 to 2017-12-3015,515,057USD364
2015-12-27 to 2016-12-3115,252,794USD371
2014-12-28 to 2015-12-2614,625,061USD364

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2017-12-3073,058,783shares
At 2016-12-3164,538,686shares

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

PeriodValueUnitDays
At 2017-12-303,564,779USD
At 2016-12-311,570,971USD
At 2015-12-26771,774USD
At 2014-12-273,126,239USD

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

PeriodValueUnitDays
At 2017-12-3077,379,847USD
At 2016-12-3174,219,643USD
At 2015-12-2694,484,780USD
At 2014-12-27109,387,303USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2017-12-3023,610,622USD
At 2016-12-3122,184,329USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2017-12-3018,533,579USD
At 2016-12-3119,208,323USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2017-12-30883,636USD
At 2016-12-310USD

Other noncurrent assets

Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.

PeriodValueUnitDays
At 2017-12-303,842,068USD
At 2016-12-31618,139USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

PeriodValueUnitDays
At 2017-12-30978,677USD
At 2016-12-31853,757USD

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-25,380,115USD364
2015-12-27 to 2016-12-31-23,031,145USD371
2014-12-28 to 2015-12-26-14,843,067USD364

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-23,316,316USD364
2015-12-27 to 2016-12-31-22,236,866USD371
2014-12-28 to 2015-12-26-17,289,667USD364

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2017-01-01 to 2017-12-30900,000USD364
2015-12-27 to 2016-12-311,000,000USD371
2014-12-28 to 2015-12-261,500,000USD364

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2017-01-01 to 2017-12-301,600,000USD364
2015-12-27 to 2016-12-310USD371
2014-12-28 to 2015-12-26600,000USD364

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

PeriodValueUnitDays
2017-01-01 to 2017-12-30247,291USD364
2015-12-27 to 2016-12-31-448,581USD371
2014-12-28 to 2015-12-26-210,488USD364

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2017-01-01 to 2017-12-301,954,858USD364
2015-12-27 to 2016-12-31571,472USD371
2014-12-28 to 2015-12-2610,415,776USD364

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

PeriodValueUnitDays
2017-01-01 to 2017-12-30-2,400,000USD364
2015-12-27 to 2016-12-311,441,000USD371
2014-12-28 to 2015-12-26-75,000USD364

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

PeriodValueUnitDays
2017-01-01 to 2017-12-30281,000USD364
2015-12-27 to 2016-12-31723,000USD371
2014-12-28 to 2015-12-2650,000USD364

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-302,376,593USD364
2015-12-27 to 2016-12-3139,629USD371
2014-12-28 to 2015-12-26-2,850,942USD364

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

PeriodValueUnitDays
2017-01-01 to 2017-12-301,633,027USD364
2015-12-27 to 2016-12-311,527,602USD371
2014-12-28 to 2015-12-268,484USD364

Inspect the source

Entity
KOPIN CORP / CIK 0000771266
Captured
2026-09-19T15:03:07.660Z
SEC response SHA-256
53964fe54b17113eaf24b94a7d2727b2925e9b78f6b65e6093119e231ce5bb32

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

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Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000771266.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))