Atomera Inc. reported a net loss of $5.0 million in the second quarter of 2025, compared to a net loss of $4.4 million in the second quarter of 2024. Adjusted EBITDA for the second quarter of 2025 was a loss of $4.0 million, compared to a loss of $3.6 million in the same period of 2024. Cash and cash equivalents were $22.0 million as of June 30, 2025, compared to $25.8 million as of December 31, 2024. Total shares outstanding were 31.1 million as of June 30, 2025. Revenue for the second quarter of 2025 was $4,000, while cost of revenue was $62,000, resulting in a gross margin of negative $58,000. Operating expenses were $5.2 million for research and development, $2.0 million for general and administrative, and $0.1 million for selling and marketing, totaling $5.2 million. Loss from operations was $5.2 million. Other income (expense), net, was $288,000 for the quarter.
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