XML 46 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
12 Months Ended
Dec. 27, 2014
Dec. 28, 2013
Dec. 29, 2012
Cash flows from operating activities:      
Net loss $ (28,670,789)us-gaap_ProfitLoss $ (5,606,016)us-gaap_ProfitLoss $ (18,994,272)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:      
Depreciation and amortization 3,002,014us-gaap_DepreciationAndAmortization 3,646,725us-gaap_DepreciationAndAmortization 9,111,943us-gaap_DepreciationAndAmortization
Accretion (amortization) of premium or discount on marketable debt securities 53,437us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments 360,403us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments (287,439)us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Stock-based compensation 4,827,772us-gaap_ShareBasedCompensation 4,203,408us-gaap_ShareBasedCompensation 4,486,990us-gaap_ShareBasedCompensation
Net gain on investment transactions 0us-gaap_GainLossOnSaleOfInvestments (1,899,291)us-gaap_GainLossOnSaleOfInvestments (856,170)us-gaap_GainLossOnSaleOfInvestments
Losses in unconsolidated affiliates 102,305kopn_Lossesinunconsolidatedaffiliates 625,098kopn_Lossesinunconsolidatedaffiliates 679,587kopn_Lossesinunconsolidatedaffiliates
Goodwill and Intangible Asset Impairment 0us-gaap_GoodwillAndIntangibleAssetImpairment 1,511,414us-gaap_GoodwillAndIntangibleAssetImpairment 1,704,770us-gaap_GoodwillAndIntangibleAssetImpairment
Gain (Loss) on Sale of Business 0us-gaap_GainLossOnSaleOfBusiness (33,452,176)us-gaap_GainLossOnSaleOfBusiness 0us-gaap_GainLossOnSaleOfBusiness
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property 283,333us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment 0us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Deferred income taxes (230,725)us-gaap_DeferredIncomeTaxesAndTaxCredits 252,687us-gaap_DeferredIncomeTaxesAndTaxCredits 2,162,246us-gaap_DeferredIncomeTaxesAndTaxCredits
Foreign Currency Transaction Gain (Loss), before Tax (96,819)us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 341,590us-gaap_ForeignCurrencyTransactionGainLossBeforeTax 1,236,194us-gaap_ForeignCurrencyTransactionGainLossBeforeTax
Loss on remeasurement of investment in Intoware 0kopn_RemeasurementGainLossOnPreviouslyHeldEquityInterestInAcquiree 0kopn_RemeasurementGainLossOnPreviouslyHeldEquityInterestInAcquiree 557,594kopn_RemeasurementGainLossOnPreviouslyHeldEquityInterestInAcquiree
Asset Impairment Charges 1,319,287us-gaap_AssetImpairmentCharges 5,000,442us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Change in allowance for bad debt 63,340kopn_AllowanceForDoubtfulAccountsProvisionsNetOfReversals (107,694)kopn_AllowanceForDoubtfulAccountsProvisionsNetOfReversals (129,370)kopn_AllowanceForDoubtfulAccountsProvisionsNetOfReversals
Change in warranty reserves 489,332us-gaap_OtherNoncashIncomeExpense 733,428us-gaap_OtherNoncashIncomeExpense 402,938us-gaap_OtherNoncashIncomeExpense
Changes in assets and liabilities:      
Accounts receivable (1,286,407)us-gaap_IncreaseDecreaseInAccountsReceivable 4,853,073us-gaap_IncreaseDecreaseInAccountsReceivable 4,363,447us-gaap_IncreaseDecreaseInAccountsReceivable
Inventory (1,520,824)us-gaap_IncreaseDecreaseInInventories 2,262,547us-gaap_IncreaseDecreaseInInventories 3,466,568us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets 191,367kopn_IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets (179,858)kopn_IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets 126,580kopn_IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets
Accounts payable and accrued expenses 1,829,591us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (773,471)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (2,996,339)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Billings in excess of revenue earned 38,790us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings (672,714)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings (1,247,066)us-gaap_IncreaseDecreaseInBillingInExcessOfCostOfEarnings
Net cash (used in) provided by operating activities (19,604,996)us-gaap_NetCashProvidedByUsedInOperatingActivities (18,900,405)us-gaap_NetCashProvidedByUsedInOperatingActivities 3,788,201us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Proceeds from sale of marketable debt securities 39,801,276us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt 17,130,488us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt 37,305,871us-gaap_ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
Purchase of marketable debt securities (19,867,896)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (49,329,891)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (39,853,837)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Proceeds from Divestiture of Businesses, Net of Cash Divested 0us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 55,188,020us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested 0us-gaap_ProceedsFromDivestitureOfBusinessesNetOfCashDivested
Cash included in current assets held for sale 0us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations 0us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations (2,388,812)us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
Purchases of cost based investment 0us-gaap_PaymentsToAcquireInvestments (3,583,611)us-gaap_PaymentsToAcquireInvestments (2,249,784)us-gaap_PaymentsToAcquireInvestments
Proceeds from sale of investments 0us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments 2,597,289us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments 856,170us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments
Other assets (38,134)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (10,552)us-gaap_PaymentsForProceedsFromOtherInvestingActivities 43,564us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Proceeds from Sale of Machinery and Equipment 250,000us-gaap_ProceedsFromSaleOfMachineryAndEquipment 0us-gaap_ProceedsFromSaleOfMachineryAndEquipment 0us-gaap_ProceedsFromSaleOfMachineryAndEquipment
Capital expenditures (1,489,986)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (741,543)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (9,831,967)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash provided by (used in) investing activities 18,655,260us-gaap_NetCashProvidedByUsedInInvestingActivities 21,461,684us-gaap_NetCashProvidedByUsedInInvestingActivities (15,930,572)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Treasury stock purchases (298,619)us-gaap_PaymentsForRepurchaseOfCommonStock (7,991,954)us-gaap_PaymentsForRepurchaseOfCommonStock (3,455,529)us-gaap_PaymentsForRepurchaseOfCommonStock
Purchase of noncontrolling interest in Kowon 0us-gaap_ProceedsFromMinorityShareholders   0us-gaap_ProceedsFromMinorityShareholders
Payments to Noncontrolling Interests   (3,662,400)us-gaap_PaymentsToMinorityShareholders  
Settlements of restricted stock for tax withholding obligations (975,869)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (1,192,346)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation (628,634)us-gaap_PaymentsRelatedToTaxWithholdingForShareBasedCompensation
Proceeds from exercise of stock options 137,813us-gaap_ProceedsFromStockOptionsExercised 0us-gaap_ProceedsFromStockOptionsExercised 0us-gaap_ProceedsFromStockOptionsExercised
Net cash used in financing activities (1,136,675)us-gaap_NetCashProvidedByUsedInFinancingActivities (12,846,700)us-gaap_NetCashProvidedByUsedInFinancingActivities (4,084,163)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash (34,454)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (93,300)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 266,758us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net decrease in cash and equivalents (2,120,865)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (10,378,721)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (15,959,776)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and equivalents:      
Beginning of year 16,756,666us-gaap_CashAndCashEquivalentsAtCarryingValue 27,135,387us-gaap_CashAndCashEquivalentsAtCarryingValue 43,095,163us-gaap_CashAndCashEquivalentsAtCarryingValue
End of year 14,635,801us-gaap_CashAndCashEquivalentsAtCarryingValue 16,756,666us-gaap_CashAndCashEquivalentsAtCarryingValue 27,135,387us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Income taxes paid   95,000us-gaap_IncomeTaxesPaid 75,000us-gaap_IncomeTaxesPaid
Supplemental schedule of noncash investing activities:      
Income Taxes Paid, Net (18,000)us-gaap_IncomeTaxesPaidNet    
Construction in progress included in accrued expenses 373,000us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid 105,000us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid 360,000us-gaap_ConstructionInProgressExpendituresIncurredButNotYetPaid
Notes Receivable, Fair Value Disclosure 0us-gaap_NotesReceivableFairValueDisclosure 14,866,000us-gaap_NotesReceivableFairValueDisclosure 0us-gaap_NotesReceivableFairValueDisclosure
Intoware      
Cash flows from investing activities:      
Cash paid to acquire Intoware and FDD, net of cash acquired 0us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_IkanosMember
0us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_IkanosMember
188,223us-gaap_PaymentsToAcquireBusinessTwoNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_IkanosMember
eMDT      
Cash flows from investing activities:      
Payments to Acquire Business Three, Net of Cash Acquired $ 0us-gaap_PaymentsToAcquireBusinessThreeNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_EMDTMember
$ 211,484us-gaap_PaymentsToAcquireBusinessThreeNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_EMDTMember
$ 0us-gaap_PaymentsToAcquireBusinessThreeNetOfCashAcquired
/ dei_LegalEntityAxis
= kopn_EMDTMember