Atomera Inc (ATOM)

[Theo]

Con't...

JDA1

We continue working with JDA1 to move into a more definitive production program, but have not yet achieved this result.

HMmmmmmmm....doesn't sound promising to me...

JDA2

JDA2, however, is in active negotiations with us on a license, now that we have results from wafer runs completed in the last quarter. We hope to make this a comprehensive company agreement covering multiple technologies.

THAT sounds much much better...

Admission of failure

"Progress in converting these engagements to licenses on the path to production has not met our expectations. We know that our ability to develop technology and to build customer interest has been excellent, but we need to do better at closing deals."

You'll get no argument from me on that point...

"Recently, we've taken a hard look at our sales and marketing efforts to find ways to improve. As a result of this process, we decided to make changes that start with bringing on a new Head of Business Development and Marketing, Shawn Thomas"

At least you've made a move rather than simply sitting on your as............laurels. 😒

MST-SPX
This is a relatively new direction and refers to power transistors. (5V to 48V). Interesting and good read.

"I'd like to highlight one of our new technologies called MST-SPX targeting 5 to 48 volt transistors. On Friday, we released a white paper detailing what we've accomplished, but allow me to give a brief summary. We have found that combining MST with the advanced structures used in high-power transistors, allows us to achieve better performance than has been published by any other semiconductor maker. As seen in the chart on slide 5, where lower is better. This is pretty amazing stuff.
We've also calculated that it makes financial sense for our customer to implement MST at less than a 3% improvement in RSP. But what we're seeing and what we're showing on this chart show improvements between 15% and 30%, confirming that our technology offers best-in-class performance and compelling economics for next-generation powered chips.

Let's turn that into revenue!

Validation of Atomera's work and focus:

"At SEMICON West earlier this month, Dave Thompson, Intel's VP of process technology and research gave a talk on the solutions the industry will need in the future for evolving transistor architectures. Virtually, all the examples he brought up, including source drain resistance, channel mobility, dopant control, gate dielectric issues, and even gallium nitride were things Atomera is working on. His message was clear, the industry sees increasing technical challenges moving beyond three nanometers and finding solutions will require a strong cooperative effort by ecosystem partners across the industry.
This is a type of statement that entirely validates the direction we've been taking at Atomera and shows the importance and potentialof the work we're doing today. For this reason, we are very optimistic about the prospects of our company. Our ST engagement is progressing nicely and should form the base of our revenue starting next year. And each of the other segments I've outlined can grow on top of that base."

CHiPS Act

"This past quarter, we also submitted our first of hopefully many proposals under the Chips and Sciences Act. Atomera's potential is being recognized across the industry, and it's only a matter of time before several of these potential opportunities turn into more business prospects for Atomera. We're working very hard to make that happen."

Finally!

Con't...