XML 39 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
3 Months Ended
Mar. 28, 2015
Mar. 29, 2014
Revenues:    
Net component revenues $ 7,128,369us-gaap_SalesRevenueGoodsNet $ 4,227,760us-gaap_SalesRevenueGoodsNet
Research and development revenues 1,456,622us-gaap_ContractsRevenue 467,010us-gaap_ContractsRevenue
Total revenues 8,584,991us-gaap_Revenues 4,694,770us-gaap_Revenues
Expenses:    
Cost of component revenues 5,283,733us-gaap_CostOfGoodsSold 4,225,449us-gaap_CostOfGoodsSold
Research and development 4,860,192us-gaap_ResearchAndDevelopmentExpense 5,086,284us-gaap_ResearchAndDevelopmentExpense
Selling, general and administration 4,386,215us-gaap_SellingGeneralAndAdministrativeExpense 4,996,802us-gaap_SellingGeneralAndAdministrativeExpense
Total expenses 14,530,140us-gaap_CostsAndExpenses 14,308,535us-gaap_CostsAndExpenses
(Loss) income from operations (5,945,149)us-gaap_OperatingIncomeLoss (9,613,765)us-gaap_OperatingIncomeLoss
Other income and expense:    
Interest income 209,664us-gaap_InvestmentIncomeInterest 238,172us-gaap_InvestmentIncomeInterest
Other income net 19,510us-gaap_OtherNonoperatingIncomeExpense 59,828us-gaap_OtherNonoperatingIncomeExpense
Foreign Currency Transaction Gain (Loss), Realized (179,589)us-gaap_ForeignCurrencyTransactionGainLossRealized 181,751us-gaap_ForeignCurrencyTransactionGainLossRealized
Gain (Loss) on Sale of Investments 2,142,421us-gaap_GainLossOnSaleOfInvestments 0us-gaap_GainLossOnSaleOfInvestments
Total other income and expense 2,192,006us-gaap_NonoperatingIncomeExpense 479,751us-gaap_NonoperatingIncomeExpense
(Loss) income before provision for income taxes, equity losses in unconsolidated affiliates and net loss (income) attributable to noncontrolling interest (3,753,143)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments (9,134,014)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Tax provision (12,500)us-gaap_IncomeTaxExpenseBenefit 143,000us-gaap_IncomeTaxExpenseBenefit
(Loss) income before equity loss in unconsolidated affiliates and net (loss) income of noncontrolling interest (3,765,643)kopn_IncomeBeforeMinorityInterestEarningsAndEquityInvestments (8,991,014)kopn_IncomeBeforeMinorityInterestEarningsAndEquityInvestments
Equity losses in unconsolidated affiliates (47,443)us-gaap_IncomeLossFromEquityMethodInvestments (102,305)us-gaap_IncomeLossFromEquityMethodInvestments
Net (loss) income (3,813,086)us-gaap_ProfitLoss (9,093,319)us-gaap_ProfitLoss
Net loss (income) attributable to the noncontrolling interest (24,906)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (41,097)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (loss) income attributable to the controlling interest $ (3,837,992)us-gaap_NetIncomeLoss $ (9,134,416)us-gaap_NetIncomeLoss
Net (loss) income per share    
Earnings Per Share, Basic $ (0.06)us-gaap_EarningsPerShareBasic $ (0.15)us-gaap_EarningsPerShareBasic
Earnings Per Share, Diluted $ (0.06)us-gaap_EarningsPerShareDiluted $ (0.15)us-gaap_EarningsPerShareDiluted
Weighted average number of common shares    
Basic 63,083,652us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 62,530,202us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted 63,083,652us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 62,530,202us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding