Atomera Inc (ATOM)

[Theo]

My synopsis of the CC 10/29/24
Part two
{MY comments are in BLUE}

I did not include all the financial numbers- those are available on any financial website.

Financial Summary (Frank):

1. We're in our 2025 planning process now, but I can tell you we expect to make additional investments in sales and marketing, and we continue to explore the most effective ways of utilizing outsourced foundry services. So, our non-GAAP opex in 2025 will be higher than this year, likely in the range of $16 million to $17 million. We'll provide more color on this in our next quarterly update call.
{I'm not sure how to read this. I mean, close a deal and sales will follow. Spend more on "Marketing"?? Maybe someone reading this can shed some light on why Atomera would be trying to strengthen that aspect of the business. I'm medical background- not business}

1. Chips Funding- In July, we submitted a funding proposal related to our work on GaN and other compound semiconductors, but no decisions have been made on that yet. We expect that the next phase of the RFP will be announced in late Q4 or Q...and our technology is compelling to various government departments.

{Frank does discuss projected funding for the upcoming year but he does it in the Q&A section. The gist is this: "...we need to maintain a minimum cash balance of greater than 12 months of what we plan to spend in the future."}

Scott’s closing summary of Frank’s comments- "Thanks a lot, Frank. From today's call, I hope you have a sense of the building momentum that we're feeling. Right now is a very exciting time to be part of the Atomera story. Our technology is being sought out by some of the biggest players in the industry.It's perfectly aligned with several industry trends and should form a very strong growth engine on top of the revenue base that we hope to build with ST as our foundation."