<SEC-DOCUMENT>0001157523-16-006363.txt : 20160802
<SEC-HEADER>0001157523-16-006363.hdr.sgml : 20160802
<ACCEPTANCE-DATETIME>20160802081244
ACCESSION NUMBER:		0001157523-16-006363
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160802
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160802
DATE AS OF CHANGE:		20160802

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KOPIN CORP
		CENTRAL INDEX KEY:			0000771266
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				042833935
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19882
		FILM NUMBER:		161799015

	BUSINESS ADDRESS:	
		STREET 1:		125 NORTH DRIVE
		CITY:			WESTBOROUGH
		STATE:			MA
		ZIP:			01581
		BUSINESS PHONE:		508-870-5959

	MAIL ADDRESS:	
		STREET 1:		125 NORTH DRIVE
		CITY:			WESTBOROUGH
		STATE:			MA
		ZIP:			01581
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51393906.htm
<DESCRIPTION>KOPIN CORPORATION 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 10pt; font-family: Times New Roman">
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt">UNITED STATES</font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 10pt">WASHINGTON,
      D.C. 20549</font><br><font style="font-family: Times New Roman"><b>______________</b></font><br>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt">FORM 8-K</font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt">CURRENT
      REPORT </font><br><font style="font-family: Times New Roman; font-size: 12pt">Pursuant
      to Section 13 or 15(d)</font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">of
      the Securities Exchange Act of 1934</font>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt">Date of
      Report (Date of earliest event reported) </font><font style="font-family: Times New Roman; font-size: 10pt"><b>August
      2, 2016</b></font><font style="font-family: Times New Roman; font-size: 10pt"><br style="font-size: 10pt; font-family: Times New Roman"></font>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 10pt">KOPIN&#160;CORPORATION</font></u><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-family: Times New Roman; font-size: 10pt">(Exact
      Name of Registrant as Specified in Charter)</font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; margin-bottom: 10.0px; font-family: Times New Roman">
      <tr>
        <td style="text-align: left; border-bottom-width: 1.0pt; width: 33%; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            DELAWARE
          </p>
        </td>
        <td style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; width: 34%; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            000-19882
          </p>
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; width: 33%; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            04-2833935
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            of incorporation)
          </p>
        </td>
        <td style="text-align: center; width: 34%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;File Number)
          </p>
        </td>
        <td style="text-align: right; width: 33%; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            125 North Drive, Westborough, MA 01581
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-family: Times New Roman; font-size: 10pt">(Address
            of Principal Executive Offices)&#160;&#160;&#160;(Zip Code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-family: Times New Roman; font-size: 10pt">Registrant&#8217;s
      telephone number, including area code &#160;&#160;&#160;</font><u>(508)
      870-5959</u>
    </p>
    <p>

    </p>
    <p>

    </p>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (see General Instruction A.2 below):
    </p>
    <p>

    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 2.02.&#160;&#160;<u>Results of Operations and Financial Condition</u>.</b>
    </p>
    <p>
      &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Kopin Corporation issued a press release on August 2, 2016, a
      copy of which is attached as Exhibit 99.1 to this report and
      incorporated herein by this reference, in which the Company announced
      financial results for the second quarter ended June 25, 2016. This
      information shall not be deemed to be &#8220;filed&#8221; for the purposes of
      Section 18 of the Securities Exchange Act of 1934, as amended, and shall
      not be deemed to be incorporated by reference in any filing under the
      Securities Act of 1933, as amended.
    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;<u>Financial Statements and Exhibits</u>.</b>
    </p>
    <p style="white-space: nowrap">
      <b>(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Exhibits</u></b>.
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: left; padding-right: 0.0px; width: 5%; white-space: nowrap; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            99.1
          </p>
        </td>
        <td style="text-align: left; width: 95%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated August 2, 2016, entitled, &#8220;KOPIN PROVIDES
            BUSINESS UPDATE AND SECOND
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            QUARTER 2016 OPERATING RESULTS&#8221;.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      Registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td style="width: 5%">

        </td>
        <td colspan="2" style="text-align: left; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 48%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            KOPIN CORPORATION
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td colspan="2">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 48%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 40%">

        </td>
        <td style="width: 2%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; width: 48%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; width: 5%; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Date:
        </td>
        <td style="text-align: left; width: 40%; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            August 2, 2016
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          By:
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; width: 48%; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Richard A. Sneider
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; width: 48%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Richard A. Sneider
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; width: 48%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Treasurer and Chief Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td colspan="2">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: left; width: 48%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Principal Financial and Accounting Officer)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td style="text-align: center; width: 10%; padding-left: 0.0px" valign="top">
          Exhibit
        </td>
        <td style="text-align: left; width: 2%; padding-left: 0.0px" valign="middle">
          &#160;
        </td>
        <td style="text-align: left; width: 88%; padding-left: 0.0px" valign="top">
          Description
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom-width: 1.0pt; width: 10%; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; width: 88%; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-right: 0.0px; width: 10%; white-space: nowrap; padding-left: 0.0px" valign="top">
          99.1
        </td>
        <td style="width: 2%">

        </td>
        <td style="text-align: center; width: 88%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release dated August 2, 2016, entitled, &#8220;KOPIN PROVIDES
            BUSINESS UPDATE AND<br>SECOND QUARTER 2016 OPERATING RESULTS&#8221;
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
</html>
<!--<!DOCTYPE html
     PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN"
     "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd">-->
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51393906ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2016 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Kopin
      Provides Business Update and Second Quarter 2016 Operating Results</b></font>
    </p>
    <p style="text-align: center">

    </p>
    <ul style="text-align: left">
      <li style="margin-bottom: 10.0px">
        <i><font style="font-family: Times New Roman; font-size: 12pt"><b>Solos&#8482;
        Smart Eyewear on Track</b></font></i>
      </li>
      <li style="margin-bottom: 10.0px">
        <i><font style="font-family: Times New Roman; font-size: 12pt"><b>F-35
        Production Starting</b></font></i>
      </li>
      <li style="margin-bottom: 10.0px">
        <i><font style="font-family: Times New Roman; font-size: 12pt"><b>Design-in
        Activities Ongoing for Whisper Chip</b></font></i>
      </li>
      <li style="margin-bottom: 10.0px">
        <i><font style="font-family: Times New Roman; font-size: 12pt"><b>Q2
        Completes Sale of Korean Facility for $8.1 million</b></font></i>
      </li>
    </ul>
    <p>
      WESTBOROUGH, Mass.--(BUSINESS WIRE)--August 2, 2016--Kopin
      Corporation&#160;(NASDAQ:KOPN), a leading developer of innovative wearable
      computing technologies and solutions, today provided an update on its
      business initiatives and reported financial results for the second
      quarter ended&#160;June 25, 2016.
    </p>
    <p>
      &#8220;During the quarter we continued to make progress on the
      commercialization of our technologies,&#8221; said Dr. John C.C. Fan, Kopin&#8217;s
      President and CEO. &#8220;We successfully launched the initial phase of our
      Solos&#8482; commercialization strategy. We are an official sponsor of USA
      Cycling, and we are proud to support their team members that will
      represent the USA in Brazil. The Solos headset program is on track and
      we expect to commence commercial shipping in the October 2016 time
      frame. One key differentiation of Solos headsets is our innovative and
      patented Pupil&#8482; Optics, which has the unique performance feature of a
      sunlight readable, transparent image in a tiny and energy efficient form
      factor, which is perfect for Mobile Augmented Reality (AR) headsets.
      Solos will be the world&#8217;s first headset utilizing this Pupil Optics.
      Another critical technology for the success of wearables is the voice
      user interface. We have stressed for several years that the voice would
      be the next touch. Our Whisper&#8482; Technology is based on Artificial
      Intelligence. It identifies and differentiates voice and noise in the
      acoustic environment using neural network processing. It is not a
      traditional noise cancellation approach. The Whisper technology is
      protected by ten issued and allowed patents and eighteen pending
      patents. The technology has been used in industrial and military
      headsets for several years, and now we have incorporated the Whisper
      Technology into a Whisper Chip for commercialization in consumer
      applications. We expect our Whisper Chip to have very broad
      applications, while our current market focus ranges from public safety
      to communications. In the second quarter we embarked on active design-in
      activities with various tier-one global companies for consumer voice
      applications, and the early response is very positive. We will continue
      our push for integration of our Whisper Chip into the products from
      these companies, as well as other tier one companies.
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      &#8220;In the second quarter we increased our activities on executing on
      existing programs and getting qualified on future military programs. We
      started low-rate production for the world&#8217;s most advanced pilot helmet
      mounted display (HMD) used in Joint Strike Fighter (F-35). This advanced
      visor projected HMD is a true mixed reality display system that works
      both in the daytime under extremely bright conditions, as well as at
      night. It provides a 360 degree view of the fighter jet&#8217;s surroundings
      using video provided from aircraft-mounted thermal sensors, together
      with computer generated symbology. During night operations an integrated
      digital night vision camera sensing system provides all-around night
      vision imagery in the helmet display system. Our display is the only one
      qualified for this military program and we are the sole display
      supplier. This is a very important program for us and we expect revenue
      growth starting in 2017. This program is projected to go to 2037, and
      has the revenue potential similar to our previous military programs that
      provided us several hundreds of millions in revenue. In addition, as we
      previously announced, we have been chosen by one of the prime
      contractors to provide display products for the Family of Weapon Sight
      -Individual (FWS-I) program (the follow on program after our very
      successful Thermal Weapon Sight program) and this represents a
      significant opportunity for us. As a result of these programs we expect
      strong revenue growth in 2017.
    </p>
    <p>
      During the second quarter we completed the sale of our Korean property
      and plant for approximately $8.1 million,&#8221; continued Dr. Fan. &#8220;Our
      Korean facility produced display products that went into camcorders and
      digital still cameras, markets we have been exiting over the last
      several years. With the receipt of the $8.1 million and the $15 million
      from the final installment from the sale of our III-V product line and
      investment in Kopin Taiwan Corporation in the first quarter of 2016, we
      ended the second quarter of 2016 with $91.5 million in cash and
      marketable securities, a net increase of approximately $10.8 million
      since last year end.
    </p>
    <p>
      In the second quarter we also added a General Manager and Vice President
      of Business Development, Asia. This continues our transition to greater
      emphasis on business development and sales, as we have now a stream of
      products in the pipeline. We are also delighted that we had 17 new
      patents issued and two new applications filed in the second quarter. We
      have more than 300 patents issued and pending, with the vast majority
      related to wearables.
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      With the coming launch of Solos, the ramping of F-35 and FWS-I
      shipments, the feedback from our design win projects with our Whisper
      technology, and strong financial and IP position, we are very well
      positioned and optimistic about our revenue growth prospects in 2017 and
      beyond,&#8221; concluded Dr. Fan.
    </p>
    <p>
      <b>Second Quarter Financial Results</b>
    </p>
    <p>
      Total revenues for the second quarter ended June 25, 2016, were $4.4
      million, compared with $10.9 million for the second quarter ended June
      27, 2015. Sales of products for Wearable applications were $1.8 million
      for the second quarter of 2016 as compared to $6.0 million in the second
      quarter of 2015. Included in the second quarter of 2015 revenues was
      $3.8 million related to renegotiated contract terms due to the
      customer&#8217;s lowered forecasted program volumes.
    </p>
    <p>
      Research and development (R&amp;D) expenses for the second quarter of 2016
      were $4.1 million compared with $4.9 million for the second quarter of
      2015.
    </p>
    <p>
      Selling, general and administrative (S,G&amp;A) expenses were $4.3 million
      for the second quarter of 2016 as compared with approximately $5.1
      million for the same period in 2015.
    </p>
    <p>
      Net loss attributable to the controlling interest for the second quarter
      of 2016 was $3.1 million, or $0.05 per share, compared with net income
      of $781,000, or $0.01 per share, for the second quarter of 2015.
      Included in the results of the second quarter of 2016 was a gain on the
      sale of our Korean property and plant of $7.7 million and the comparable
      period of 2015 included a $5.5 million gain from the sale of investments.
    </p>
    <p>
      We have maintained our strong financial position. Net cash used in
      operating activities for the six months ended June 25, 2016 was
      approximately $12.2 million. Kopin&#8217;s cash and equivalents and marketable
      securities were&#160;approximately $91.5 million&#160;at&#160;June 25, 2016 as compared
      to $80.7 million at December 26, 2015 and we have no long-term debt.
    </p>
    <p>
      All amounts above are estimates and readers should refer to our Form
      10-Q for the quarter ended June 25, 2016, for final disposition.
    </p>
    <p>
      <b>Financial Results Conference Call</b>
    </p>
    <p>
      In conjunction with its second quarter 2016 financial
      results,&#160;Kopin&#160;will host a teleconference call for investors and
      analysts at&#160;9:00 a.m. ET&#160;today. To participate, please dial (877)
      709-8150 (U.S. and&#160;Canada) or (201) 689-8354 (International). The call
      will also be available as a live and archived audio webcast on the
      &#8220;Investors&#8221; section of the&#160;Kopin&#160;website,&#160;<u>www.kopin.com</u>.
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>About&#160;Kopin</b>
    </p>
    <p>
      Kopin Corporation is a leading developer and provider of innovative
      wearable technologies and solutions for integration into head-worn
      computing and display systems to military, industrial and consumer
      customers. Kopin&#8217;s technology portfolio includes ultra-small displays,
      optics, speech enhancement technology, system and hands-free control
      software, low-power ASICs, and ergonomically designed smart headset
      reference systems. Kopin&#8217;s proprietary components and technology are
      protected by more than 300 global patents and patents pending. For more
      information, please visit Kopin&#8217;s website at&#160;<u>www.kopin.com</u>.
    </p>
    <p>
      Kopin, Whisper, and Solos are trademarks of&#160;Kopin Corporation.
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      <i>Statements in this press release may be considered &#8220;forward-looking&#8221;
      statements under the &#8220;Safe Harbor&#8221; provisions of the Private Securities
      Litigation Reform Act of 1995. These include, without limitation,
      statements relating to our expectation that the Solos headset program is
      on track and our expectation to commence commercial shipping in October
      2016; our expectation that Solos will be the world&#8217;s first headset
      utilizing Pupil Optics; our belief that voice will be the next touch;
      our expectation that our Whisper Chip will have very broad applications;
      our expectation that the F-35 program is expected to have revenue growth
      starting in 2017; our expectation that the F-35 program is projected to
      go to 2037, and has the revenue potential similar to our previous
      military programs that provided us several hundreds of millions in
      revenue; that we have been chosen by one of the prime contractors for
      the FWS-I program and our expectation that this represents a significant
      opportunity for us; our expectation that as a result of the military
      programs we expect strong revenue growth in 2017; and our expectation
      that with the coming launch of Solos, the feedback from our design win
      projects</i> <i>with our Whisper technology, and strong financial and IP
      position, we are very well positioned and optimistic about our revenue
      growth prospects in 2017 and beyond. These statements involve a number
      of risks and uncertainties that could cause actual results to differ
      materially from those expressed in the forward-looking statements. These
      risks and uncertainties include, but are not limited to, the following:
      the Solos headset won&#8217;t be on track and we will not be able to commence
      commercial shipping in October 2016; Solos is not the world&#8217;s first
      headset utilizing Pupil Optics; that voice user interface is not as
      successful as touch interface; our Whisper Chip may not have very broad
      applications; the F-35 program may not have revenue growth starting in
      2017; the F-35 program may not go to 2037, and may not have revenue
      similar to our previous military programs that provided us several
      hundreds of millions in revenue; the F-35 program may not be a
      significant opportunity for us; the military programs may not have
      strong revenue growth in 2017; and even with the launch of Solos and our
      financial and IP position, we may not be well positioned for revenue
      growth in 2017 and beyond; and the final amounts in the Company&#8217;s Form
      10-Q for the period ended June 25, 2016 may differ from the amounts
      included in the release above;</i> <i>it may take longer than the
      Company estimates to develop products; the Company&#8217;s products</i>&#160;<i>may
      not be accepted by the market place; there may be issues that prevent
      the adoption or further development of the Company&#8217;s wearable computing
      technologies;</i>&#160;<i>manufacturing, marketing or other issues may
      prevent either the adoption or acceptance of products; the Company might
      be adversely affected by competitive products and pricing; new product
      initiatives and other research and development efforts may be
      unsuccessful; the Company could experience the loss of significant
      customers; costs to produce the Company&#8217;s products might increase
      significantly, or yields could</i>&#160;<i>decline; the Company&#8217;s
      customers might be unable to ramp production volumes of their products,
      or the Company&#8217;s product forecasts could turn out to be wrong;
      manufacturing delays, technical issues, economic conditions or external
      factors may prevent the Company from achieving its goals; we are
      dependent upon certain sole source providers of some components of our
      products and if such providers are not able to provide us such
      components for any reason, including without limitation U.S. regulatory
      issues such as compliance with EPA regulations, we could be delayed in
      shipping some of our products; and other risk factors and cautionary
      statements listed in the Company&#8217;s periodic reports and registration
      statements filed with the&#160;Securities and Exchange Commission, including
      the Annual Report on Form 10-K for the 12 months ended&#160;December 26,
      2015, and the Company&#8217;s subsequent filings with the&#160;Securities and
      Exchange Commission. You should not place undue reliance on any
      forward-looking statements, which are based only on information
      currently available to the Company and only as of the date on which they
      are made. The Company undertakes no obligation to update any of these
      forward-looking statements to reflect events or circumstances occurring
      after the date of this release.</i>
    </p>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="8">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="8" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td colspan="8" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 26, 2016</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>December 26, 2015</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>(Unaudited)</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          ASSETS
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Cash and marketable securities
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          91,522,025
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          80,710,780
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,408,876
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,574,973
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,935,699
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,512,473
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Prepaid and other current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,015,284
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,357,996
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="top">
          Note receivable
        </td>
        <td>

        </td>
        <td colspan="2" style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          15,000,000
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          96,881,884
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          101,156,222
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Equipment and improvements, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,728,951
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,677,103
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          887,512
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          946,082
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Property and plant, held for sale
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          819,263
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          716,679
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          461,416
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="top">
          Total assets
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          101,215,026
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          106,060,086
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          LIABILITIES AND STOCKHOLDERS' EQUITY
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Accounts payable
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,327,008
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          3,959,704
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Accrued expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5,691,603
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,702,574
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,570,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,207,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="top">
          Billings in excess of revenue earned
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          1,254,694
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          1,407,566
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          13,843,305
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          11,276,844
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Lease commitments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          274,034
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          298,463
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total Kopin Corporation stockholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          86,885,294
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          94,740,875
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          212,393
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (256,096
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Total stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          87,097,687
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          94,484,779
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="top">
          Total liabilities and stockholders' equity
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          101,215,026
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          106,060,086
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="17" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>Condensed Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" style="text-align: center; padding-left: 0.0px" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="15">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="7" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="7" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 26, 2016</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 27, 2015</b>
        </td>
        <td>

        </td>
        <td colspan="3" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 26, 2016</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" style="text-align: center; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 27, 2015</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Revenues:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Component revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,096,529
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9,486,723
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10,074,663
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          16,615,093
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="top">
          Research and development revenues
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          258,746
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          1,369,883
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          399,750
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          2,826,505
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,355,275
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10,856,606
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10,474,413
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19,441,598
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Expenses:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Cost of component revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,682,846
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6,359,780
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9,329,888
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          11,643,513
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,119,401
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,884,010
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          8,159,352
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9,744,202
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4,282,264
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5,108,229
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          8,043,113
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          9,494,442
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 2.0px" valign="top">
          Gain on sale of property and plant
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (7,700,522
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (7,700,522
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          5,383,990
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          16,352,019
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          17,831,831
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          30,882,157
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Loss from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (1,028,715
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (5,495,413
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (7,357,418
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (11,440,559
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Other income (expense), net
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          206,987
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          6,214,193
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (142,098
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          8,406,199
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Loss) income before provision for income taxes, equity loss in
            unconsolidated affiliate and net (income) loss from noncontrolling
            interest
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (821,728
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          718,780
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (7,499,516
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3,034,360
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (1,963,000
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (12,500
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (2,104,000
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (25,000
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Loss) income before equity loss in unconsolidated affiliate and
            net (income) loss from noncontrolling interest
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (2,784,728
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          706,280
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (9,603,516
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3,059,360
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Equity loss in unconsolidated affiliate
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          -
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (47,443
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net (loss) income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (2,784,728
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          706,280
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (9,603,516
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (3,106,803
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Net (income) loss attributable to noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (344,374
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          74,690
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          (443,047
        </td>
        <td style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          49,784
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 4.0px" valign="top">
          Net (loss) income
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          (3,129,102
        </td>
        <td style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          780,970
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          (10,046,563
        </td>
        <td style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          (3,057,019
        </td>
        <td style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Net (loss) income per share:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.05
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.16
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.05
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.05
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.01
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.16
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          (0.05
        </td>
        <td style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Weighted average number of common shares outstanding:
        </td>
        <td>

        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          64,011,571
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,066,031
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,994,809
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,074,842
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 15.0px; padding-bottom: 4.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          64,011,571
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,300,781
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,994,809
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: double; padding-left: 0.0px" valign="bottom">
          63,074,842
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-color: black; border-bottom-style: double">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-right: 0pt; width: 100%; margin-left: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="13" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td colspan="13" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>Supplemental Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="13" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="5" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Three Months Ended</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="5" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Six Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 26, 2016</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 27, 2015</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 26, 2016</b>
        </td>
        <td>

        </td>
        <td colspan="2" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>June 27, 2015</b>
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Display Revenues by Category (in millions)</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Military Applications
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.9
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.4
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7.0
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Industrial Applications
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.7
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Wearable Applications
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          6.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          7.1
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Consumer Electronics Applications
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1.1
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          0.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Research and Development
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          0.3
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          1.4
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          0.4
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          2.8
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Total
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          4.4
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10.9
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          10.5
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          19.4
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Stock-Based Compensation Expense</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          <b>Continuing Operations</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Cost of component revenues
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          148,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          262,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          290,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          461,000
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          132,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          269,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          249,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          504,000
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px; padding-bottom: 2.0px" valign="top">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          615,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          494,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          412,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid">
          &#160;
        </td>
        <td style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; border-bottom-color: black; white-space: nowrap; border-bottom-style: solid; padding-left: 0.0px" valign="bottom">
          1,057,000
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          895,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,025,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          951,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          2,022,000
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid; padding-left: 0.0px" valign="top">
          <b>Other Financial Information</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          316,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          509,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          652,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          1,190,000
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-left: 0.0px" valign="top">
          Capital expenditures
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          82,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          337,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          305,000
        </td>
        <td>

        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          $
        </td>
        <td style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" valign="bottom">
          652,000
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>Kopin Corporation<br><b>Richard Sneider,&#160;</b>508-870-5959<br>Treasurer
      and Chief Financial Officer<br><u>Richard_Sneider@kopin.com</u><br>or<br>Market
      Street Partners<br><b>Joann Horne,&#160;</b>415-445-3233<br><u>JHorne@marketstreetpartners.com</u>
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
