<SEC-DOCUMENT>0001157523-18-002375.txt : 20181108
<SEC-HEADER>0001157523-18-002375.hdr.sgml : 20181108
<ACCEPTANCE-DATETIME>20181108073039
ACCESSION NUMBER:		0001157523-18-002375
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20181108
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20181108
DATE AS OF CHANGE:		20181108

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:		181168177

	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>a51896567.htm
<DESCRIPTION>KOPIN CORPORATION 8-K
<TEXT>
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    <title></title>
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    <p style="text-align: center">
      <font style="font-size: 16pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 16pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 16pt"></font><font style="font-size: 16pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 11pt; font-family: Times New Roman"><b>WASHINGTON,
      D.C. 20549</b></font><br>
    </p>
    <hr style="color: #000000; height: 1.5 pt; text-align: center; width: 100%">


    <p style="text-align: center">
      <br>
      <font style="font-size: 18pt"><b>FORM 8-K</b></font><br><br>
    </p>
    <hr style="color: #000000; height: 1.5 pt; text-align: center; width: 100%">


    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><b><font style="font-size: 12pt; font-family: Times New Roman">
      </font></b><br><br><b>Pursuant to Section&#160;13 or 15(d) of the</b><br><b>Securities
      Exchange Act of 1934</b>
    </p>
    <p style="text-align: center">
      <b>Date of Report (Date of Earliest Event Reported) <font style="font-size: 10pt; font-family: Times New Roman">November
      8, 2018</font></b><br><b> </b><br><br>
    </p>
    <hr style="color: #000000; height: 1.5 pt; text-align: center; width: 100%">


    <p style="text-align: center">
      <font style="font-size: 24pt"><b>KOPIN CORPORATION</b></font>
    </p>
    <p style="text-align: center">
      <b>(Exact Name of Registrant as Specified in Charter)</b><br><br>
    </p>
    <hr style="color: #000000; height: 1.5 pt; text-align: center; width: 100%">


    <p style="text-align: center">
      <br>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>DELAWARE</b>
          </p>
        </td>
        <td valign="bottom" style="width: 34%; padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>000-19882</b>
          </p>
        </td>
        <td valign="bottom" style="width: 33%; padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>04-2833935</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(State or Other Jurisdiction</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>of Incorporation)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 34%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Commission</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>File Number)</b>
          </p>
        </td>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(IRS Employer</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <font style="font-size: 10pt"><b>125 North Drive, Westborough, MA 01581</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font><font style="font-size: 10pt"><b>(Address
      of Principal Executive Offices)&#160;&#160;&#160;&#160;&#160;(Zip Code)</b></font>
    </p>
    <p style="text-align: center">
      <b>Registrant&#8217;s telephone number, including area code <u>(508)&#160;870-5959</u>
      </b><br><br>
    </p>
    <hr style="width: 100%; color: #000000; text-align: center; height: 1.5 pt">


    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">(Former Name
      or Former Address, if Changed Since Last Report)</font>
    </p>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">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 </font>(see General Instruction A.2 below):
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">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-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405
      of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934
      (&#167;240.12b-2 of this chapter).
    </p>
    <p>
      Emerging growth company&#160;&#160;<font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act.&#160;&#160;<font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font><br>
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p style="text-indent: 60.0px">

    </p>
    <p>
      <b>Item 2.02. <u>Results of Operations and Financial Condition</u>.</b>
    </p>
    <p style="text-indent: 30.0px; font-size: 10pt">
      Kopin Corporation issued a press release on November 8, 2018, a copy of
      which is attached as Exhibit 99.1 to this report and incorporated herein
      by reference, in which the Company announced financial results for the
      third quarter ended September 29, 2018. The information in this Item
      2.02 (including Exhibit 99.1) shall not be deemed to be &#8220;filed&#8221; for
      purposes of Section 18 of the Securities Exchange Act of 1934, as
      amended (the &#8220;Exchange Act&#8221;) or otherwise subject to the liabilities of
      that section, and shall not be deemed to be incorporated by reference
      into any filing under the Securities Act of 1933, as amended, or the
      Exchange Act, except as shall be expressly set forth by specific
      reference in such filing.
    </p>
    <p>
      <b>Item 9.01. <u>Financial Statements and Exhibits</u>.</b>
    </p>
    <p>
      <b>(d) <u>Exhibits</u>.</b>
    </p>
    <p style="text-align: center">
      See the Exhibit Index below, which is incorporated by reference herein.
    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; width: 10%; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          Exhibit
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; width: 88%; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          Description
        </td>
      </tr>
      <tr>
        <td valign="middle" style="width: 10%; padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51896567ex99_1.htm">99.1</a>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td valign="bottom" style="width: 88%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51896567ex99_1.htm">Press Release dated November 8,
            2018, entitled, &#8220;KOPIN PROVIDES BUSINESS UPDATE AND THIRD QUARTER
            2018 OPERATING RESULTS&#8221;.</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>

    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

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

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">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.</font>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt">
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td valign="top" style="width: 1%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            KOPIN CORPORATION
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 39%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 6%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Date:
        </td>
        <td valign="top" style="width: 39%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            November 8, 2018
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td valign="top" style="width: 4%; padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; width: 50%; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Richard A. Sneider
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

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

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Richard A. Sneider
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

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

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Treasurer and Chief Financial Officer
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

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

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Principal Financial and Accounting Officer)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: center">

    </p>
  </body>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51896567ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Kopin
      Provides Business Update and Third Quarter 2018 Operating Results</b></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Ships
      5,000 Display Modules to a Tier One Customer for AR Glasses</b></font>
    </p>
    <p>
      WESTBOROUGH, Mass.--(BUSINESS WIRE)--November 8, 2018--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 third
      quarter ended September 29, 2018.
    </p>
    <p>
      &#8220;The shipment of 5,000 display modules to a Tier One US internet company
      for its soon-to-launch next generation augmented reality (AR) smart
      glasses was a major milestone for Kopin and a highlight of the quarter,&#8221;
      said John CC Fan, CEO of Kopin Corp. &#8220;This company is helping drive the
      use of AR headsets by enterprises to improve efficiency and safety by
      allowing a worker to perform tasks hands free, such as communicating
      with an expert resource or document data. We expect to ramp shipments in
      2019 as the product moves from testing to full production. We are also
      seeing significant order increases from other enterprise headset
      customers, reflecting the expanding interest from companies across many
      verticals that are seeing the benefits of AR. We anticipate shipping
      over 100,000 units to enterprise AR smart glass customers in 2019.
    </p>
    <p>
      &#8220;We expect to begin beta shipments this quarter of Golden-i<sup>TM</sup>
      Infinity, our own solution targeting the enterprise market, with
      commercialization anticipated in the first quarter of 2019. Golden-i
      Infinity utilizes Kopin&#8217;s patented core technologies including our
      display, our Whisper<sup>&#174;</sup> voice extraction for improved
      speech recognition, and advanced user interface controls to integrate
      the benefits of AR into an industrial workers&#8217; daily tasks.&#8221;
    </p>
    <p>
      Dr. Fan continued, &#8220;In our military business, we continued to ship
      displays for the F-35 Joint Strike Fighter Program and we expect to ship
      the initial FWS-I production units in November instead of October, due
      to a slight delay from one of our component suppliers. In our military
      development program, we are achieving the necessary milestones to
      successfully develop both the FWS-CS and the armored vehicle programs.
      We expect these programs will complete this phase in 2019.&#8221;
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      Dr. Fan concluded, &#8220;We are seeing very strong demand for enterprise AR
      smart glasses and we continue to be a dominant supplier for military
      applications. Yet while enterprise AR is gaining traction, it is
      certainly a challenging time for virtual reality VR/AR consumer
      wearables, especially for VR, which is going through a reassessment.
      Further complicating the issue is the tariff situation with China which
      we believe negatively affected our results this quarter, particularly
      the demand from Chinese customers that buy our components for drone
      applications. With the weakness in consumer AR/VR demand and the slight
      delay in FWS-I shipments, we are reducing our full year revenue outlook
      to $24.5 million to $26.5 million from the previous $30 million to $35
      million.
    </p>
    <p>
      <b>Third Quarter Financial Results</b>
    </p>
    <p>
      Total revenues for the third quarter ended September 29, 2018 were $5.1
      million, compared with $6.1 million for the third quarter ended
      September 30, 2017.
    </p>
    <p>
      Research and development (R&amp;D) expenses for the third quarter of 2018
      were $4.6 million compared to $5.3 million for the third quarter of 2017.
    </p>
    <p>
      Selling, general and administrative (SG&amp;A) expenses were $7.2 million
      for the third quarter of 2018 compared to $5.3 million for the third
      quarter of 2017.
    </p>
    <p>
      Net loss attributable to the controlling interest for the third quarter
      of 2018 was $9.8 million, or $0.13 per share, compared with net loss of
      $8.2 million, or $0.11 per share, for the third quarter of 2017.
    </p>
    <p>
      During the third quarter of 2018 Kopin had 11 patents granted and filed
      for three new applications. Kopin has over 300 patents and patents
      pending, almost all of which are related to wearable applications.
    </p>
    <p>
      Net cash used in operating activities for the nine months ended
      September 29, 2018 was approximately $20.2 million. Kopin has cash and
      equivalents and marketable securities of approximately $46.2 million at
      September 29, 2018.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      Effective&#160;December 31, 2017, Kopin adopted ASC Topic 606 using the
      &#8220;modified retrospective&#8221; approach, meaning the standard was applied only
      to the financial results of fiscal year 2018 with a cumulative
      adjustment to retained earnings. Under this transition method, Kopin
      applied the standard only to contracts that were not complete at the
      initial adoption date.
    </p>
    <p>
      The following tables show the impact of adoption of Topic 606 on our
      results of operations for the three and nine months periods ended
      September 29, 2018 (amount in millions):
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="11" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Three Months Ended September 29, 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

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

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Balances Without</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Effect of</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

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

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Adoption of</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>Statement of Operations</b>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>As Reported</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Topic 606</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Higher/(Lower)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net product revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(0.3</b>
          </p>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Research and development revenues
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>1.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>1.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>(0.1</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Cost of product revenues
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.7</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.5</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>0.2</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          Net loss attributable to the controlling interest
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>(9.8</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>(9.3</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(0.5</b>
          </p>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>)</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="11" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Nine Months Ended September 29, 2018</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

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

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Balances Without</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Effect of</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

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

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Adoption of</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td colspan="3" valign="bottom" style="text-align: center; padding-left: 0.0px">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>Statement of Operations</b>
        </td>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>As Reported</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Topic 606</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          &#160;
        </td>
        <td colspan="3" valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Higher/(Lower)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net product revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>13.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>14.9</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>(1.7</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Research and development revenues
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.6</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>3.8</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>(0.2</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Cost of product revenues
        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>11.2</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>12.0</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2" valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          <b>(0.8</b>
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          Net loss attributable to the controlling interest
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>(24.6</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>(23.4</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>$</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          <b>(1.2</b>
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <b>)</b>
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      All amounts above are estimates and readers should refer to our Form
      10-Q for the quarter ended September 29, 2018 for final disposition.
    </p>
    <p>
      <b>Conference Call</b>
    </p>
    <p>
      The Company will host a conference call to discuss the results at 8:30
      am ET today. To participate, please dial (877) 395-9764 (U.S. and
      Canada) or (647) 689-5666 (International). The call will also be
      available as a live and archived audio webcast on the &#8220;Investors&#8221;
      section of the Kopin website,&#160;<u>www.kopin.com</u>.
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
    <p>
      Golden-i, Whisper and Kopin are registered trademarks of 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. Words such as &#8220;could,&#8221; &#8220;may,&#8221; &#8220;expects,&#8221;
      &#8220;anticipates,&#8221; &#8220;targets,&#8221; &#8220;goals,&#8221; &#8220;projects,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221;
      &#8220;believes,&#8221; &#8220;seeks,&#8221; &#8220;estimates,&#8221; &#8220;predicts,&#8221; and variations on such
      words, and similar expressions that reflect our current views with
      respect to future events and operational, economic and financial
      performance are intended to identify such forward-looking statements.</i>
      <i>Such forward-looking statements include, without limitation,
      statements relating to our expectation</i> <i>that shipments to a tier
      one internet company are expected to ramp in 2019;</i> <i>our belief
      that the significant order increases from other enterprise headset
      customers, reflects the expanding interest from companies across many
      verticals that are seeing the benefits of AR; that we anticipate
      shipping over 100,000 units to enterprise AR smart glass customers in
      2019;</i> <i>our expectation that we will begin beta shipments this
      quarter of Golden-I Infinity, with commercialization anticipated in the
      first quarter of 2019; our expectation that we will ship the initial
      FWS-I production units in November; our expectation that the FWS-CS and
      the armored vehicle programs will end development in 2019; and our
      expectation that our revenues for the fiscal year 2018 will be in the
      range of $24.5 to $26.5 million. 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.
      Important factors that could affect performance and cause results to
      differ materially from management&#8217;s expectations are described in the
      sections entitled &#8220;Risk Factors&#8221; and &#8220;Management&#8217;s Discussion and
      Analysis of Financial Condition and Results of Operations&#8221; in the
      Company's Annual Report on Form 10-K for the fiscal year ended December
      30, 2017, as updated from time to time in the Company&#8217;s Securities and
      Exchange Commission filings. These risks and uncertainties include, but
      are not limited to, shipments to the tier one internet company are may
      not ramp in 2019; our belief that the significant order increases from
      other enterprise headset customers, reflects the expanding interest from
      companies across many verticals that are seeing the benefits of AR may
      be wrong;</i> <i>delays in the development or production issues with
      Golden-I Infinity units may prevent beta shipments this quarter to any
      customers; Golden-I Infinity may not be commercialized in the first
      quarter of 2019; development or production issues with the Golden-I
      Infinity products, lack of demand for the Golden-i Infinity product or
      other issues may prevent the sale of Golden-i Infinity;</i> <i>development
      or production issues may prevent the</i> <i>FWS-I units being shipped in
      November, 2018; the FWS-CS and the armored vehicle programs may not be
      finished in 2019; the F-35, FWS-CS, armored vehicle or FWS-I programs
      could be cancelled; we may not receive additional orders for our
      components for the F-35, FWS-CS, armored vehicle and FWS-I programs; we
      may be designed out of the F-35 and FWS-I programs; our enterprise
      customers expectations of demand may be wrong and not occur which would
      negatively impact sales of our components to them; our revenues for the
      fiscal year 2018 may not be in the range of $24.5 to $26.5 million. We
      undertake no obligation to update any of these forward-looking
      statements to reflect events or circumstances occurring after the date
      of this release, except as required by the federal securities laws.</i>
    </p>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

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

        </td>
        <td>
          &#160;
        </td>
        <td colspan="5" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Three Months Ended</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="5" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>Nine 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" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 29, 2018</b>
        </td>
        <td>

        </td>
        <td colspan="2" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
        <td>

        </td>
        <td colspan="2" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 29, 2018</b>
        </td>
        <td>

        </td>
        <td colspan="2" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <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 valign="top" style="text-align: left; padding-left: 0.0px">
          Military Applications
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1.5
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2.8
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5.4
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          6.4
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Industrial Applications
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1.3
        </td>
        <td>

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4.1
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Consumer Electronics Applications
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1.3
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3.2
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2.8
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Research and Development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1.5
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          0.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3.6
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1.9
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other
        </td>
        <td>

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

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

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          0.2
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1.2
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5.1
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          6.1
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          16.7
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          16.4
        </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 valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <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 valign="top" style="text-align: left; padding-left: 0.0px">
          Cost of component revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          52,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          143,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          319,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          406,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          159,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          203,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          627,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          616,000
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          979,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          676,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          2,933,000
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,968,000
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,022,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3,879,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2,990,000
        </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 valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          <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 valign="top" style="text-align: left; padding-left: 0.0px">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          559,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          736,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,689,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,878,000
        </td>
      </tr>
      <tr>
        <td colspan="13">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17" valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Condensed Consolidated Statements of Operations</b>
        </td>
      </tr>
      <tr>
        <td colspan="17" valign="top" style="text-align: center; padding-left: 0.0px">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

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

        </td>
        <td>

        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 29, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
        <td>

        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 29, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 30, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          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 valign="top" style="text-align: left; padding-left: 15.0px">
          Net product revenues
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3,643,619
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,589,402
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          13,160,507
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,501,945
        </td>
        <td>

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

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,482,711
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          549,765
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          3,563,341
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,942,819
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,126,330
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          6,139,167
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          16,723,848
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          16,444,764
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          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 valign="top" style="text-align: left; padding-left: 15.0px">
          Cost of product revenues
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          3,659,800
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,144,884
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          11,219,741
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          11,379,467
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,599,266
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,253,860
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          13,577,075
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,213,950
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 15.0px">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          7,166,136
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          5,344,999
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          21,011,049
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          16,186,946
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          15,425,202
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          14,743,743
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          45,807,865
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          41,780,363
        </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 valign="top" style="text-align: left; padding-left: 0.0px">
          Loss from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (10,298,872
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (8,604,576
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (29,084,017
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (25,335,599
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </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 valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other income, net
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          174,892
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          306,437
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          4,442,262
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          691,042
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#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 valign="top" style="text-align: left; padding-left: 0.0px">
          Loss before benefit (provision) for income taxes and net loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (10,123,980
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (8,298,139
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (24,641,755
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (24,644,557
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          (income) from noncontrolling interest
        </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 valign="top" style="text-align: left; padding-left: 0.0px">

        </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 valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Benefit (provision) for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          316,000
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (4,500
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          115,000
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,141,500
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#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 valign="top" style="text-align: left; padding-left: 0.0px">
          Net loss
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (9,807,980
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (8,302,639
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (24,526,755
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (23,503,057
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </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 valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Net loss (income) attributable to noncontrolling interest
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          16,596
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          55,217
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (41,862
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          65,223
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#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 valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net loss attributable to the controlling interest
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (9,791,384
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (8,247,422
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (24,568,617
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (23,437,834
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </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 valign="top" style="text-align: left; padding-left: 0.0px">
          Net loss 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 valign="top" style="text-align: left; padding-left: 15.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (0.13
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (0.11
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (0.34
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          (0.34
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: left; padding-left: 0.0px">
          )
        </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 valign="top" style="text-align: left; padding-left: 0.0px">
          Weighted average number of common shares outstanding:
        </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 valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 15.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          73,135,253
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          72,187,688
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          73,102,979
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          69,117,640
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="17">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; text-indent: 0pt; margin-right: 0pt; margin-bottom: 10pt; margin-left: 0pt">
      <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="color: black; height: 1.5pt">

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

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 8pt">
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="9" valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Kopin Corporation</b>
        </td>
      </tr>
      <tr>
        <td colspan="9" valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td colspan="9" valign="top" style="padding-right: 0.0px; white-space: nowrap; text-align: center; padding-left: 0.0px">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>September 29, 2018</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3" valign="top" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: center; padding-left: 0.0px">
          <b>December 30, 2017</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          ASSETS
        </td>
        <td>

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

        </td>
        <td>

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

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

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

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Cash and marketable securities
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          46,203,016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          68,755,684
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2,628,139
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,659,986
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Contract assets and unbilled receivables
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,935,262
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,953,908
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,080,797
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Prepaid and other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,177,819
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          1,243,029
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          56,898,144
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          79,739,496
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,075,602
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,077,043
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,982,045
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2,663,883
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          5,572,816
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

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

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

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          2,096,578
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          3,842,068
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          71,625,185
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          91,322,490
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

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

        </td>
        <td>

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

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

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

        </td>
        <td>

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

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Accounts payable
        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,229,388
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,918,605
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Accrued expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,851,590
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          4,351,537
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Income tax payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,573
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,416,892
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          547,266
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          520,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Contract liabilities and billings in excess of revenue earned
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          428,642
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          896,479
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          10,058,459
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          12,103,513
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          2,080,680
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          1,569,253
        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          260,660
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          269,877
        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

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

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          59,929,151
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="padding-right: 0.0px; white-space: nowrap; text-align: right; padding-left: 0.0px">
          78,099,269
        </td>
        <td>

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

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (703,765
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          (719,422
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total stockholders' equity
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          59,225,386
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          77,379,847
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total liabilities and stockholders' equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          71,625,185
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-width: 2.25pt; border-bottom-style: double; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black; text-align: right; padding-left: 0.0px">
          91,322,490
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

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

        </td>
        <td>

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