Atomera reported zero revenue for the third quarter of 2026, falling short of the $0.1 million analyst estimate as the company remains in the development and evaluation phase for its Mears Silicon Technology (MST). The company continues to focus on transitioning technical engagements into commercial royalty-bearing agreements across logic, memory, and GaN segments.
Key Highlights
- Reported a net loss of $6.0 million, or $0.15 per share, missing the analyst estimate of a $0.12 loss per share.
- Increased Gate-All-Around (GAA) engagements to three customers, targeting critical nano-scale diffusion blocking for advanced logic nodes.
- Signed a Joint Development Agreement with IQE to develop and manufacture MST-enabled GaN-on-silicon wafers for RF linearity improvements.
- Ending cash and short-term investments increased to $34.8 million, up from $19.2 million at the end of 2025, primarily due to common stock issuances.
- Demonstrated a simplified approach for 4F² DRAM transistors that could eliminate two selective epi steps and one wafer bonding module.