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Kopin Annual Revenues up 1% as Expenses Drop

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Kopin Corp., a developer of wearable computing technologies and systems, has ended 2015 with an increase in revenue. The company reported 2015 revenue of $32.1 million, up from $31.8 million in 2014. R&D expenses decreased from 20.7 million in 2014 to $17.7 million for 2015. Selling, general and administrative expenses amounted to $18.1 million for 2015, compared with $19.9 million for 2014. “In 2015, our revenues from sale of products for the wearable market doubled over 2014 to approximately $12 million,” said Dr. John Fan, president and CEO of Kopin. “As...Read full article

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    May 2016
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