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Selected Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 26, 2020
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Information (Unaudited) | 16. Selected Quarterly Financial Information (Unaudited) The following tables present Kopin’s quarterly operating results for the fiscal years ended December 26, 2020 and December 28, 2019. The information for each of these quarters is unaudited and has been prepared on the same basis as the audited consolidated financial statements. In the opinion of management, all necessary adjustments, consisting only of normal recurring adjustments, have been included to present fairly the unaudited consolidated quarterly results when read in conjunction with Kopin’s audited consolidated financial statements and related notes. These operating results are not necessarily indicative of the results of any future period. Quarterly Periods During Fiscal Year Ended December 26, 2020: Schedule of Quarterly Financial Information
(in thousands, except per share data) |  | Three months ended March 28, 2020 |  |  | Three months ended June 27, 2020 |  |  | Three months ended September 26, 2020 |  |  | Three months ended December 26, 2020 |
Total revenue |  | $ | 7,878 |  |  | $ | 8,815 |  |  | $ | 9,513 |  |  | $ | 13,922 |
Gross profit (2) |  |  | 271 |  |  |  | 1,891 |  |  |  | 1,662 |  |  |  | 3,295 |
(Loss) income from operations |  |  | (3,541 | ) |  |  | (1,095 | ) |  |  | (1,108 | ) |  |  | 981 |
Net (loss) income attributable to the controlling interest |  |  | (3,596 | ) |  |  | (1,122 | ) |  |  | (957 | ) |  |  | 1,263 |
Net (loss) income per share (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | (0.04 | ) |  | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | 0.02 |
Diluted |  | $ | (0.04 | ) |  | $ | (0.01 | ) |  | $ | (0.01 | ) |  | $ | 0.02 |
Weighted average number of common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 82,536 |  |  |  | 82,569 |  |  |  | 82,596 |  |  |  | 81,689 |
Diluted |  |  | 82,536 |  |  |  | 82,569 |  |  |  | 82,596 |  |  |  | 82,196 |
(1) | Net loss per share is computed independently for each of the quarters presented; accordingly, the sum of the quarterly net income per share may not equal the total computed for the year.
(2) | Gross profit is defined as net product revenues less cost of product revenues.
Quarterly Periods During Fiscal Year Ended December 28, 2019:
(in thousands, except per share data) |  | Three months ended March 30, 2019 |  |  | Three months ended June 29, 2019(3) |  |  | Three months ended September 28, 2019 |  |  | Three months ended December 28, 2019 |
Total revenue |  | $ | 5,543 |  |  | $ | 9,110 |  |  | $ | 6,139 |  |  | $ | 8,727 |
Gross profit (2) |  |  | (1,263 | ) |  |  | (808 | ) |  |  | 265 |  |  |  | 1,188 |
Loss from operations |  |  | (11,584 | ) |  |  | (4,838 | ) |  |  | (6,402 | ) |  |  | (3,556 | )
Net loss attributable to the controlling interest |  |  | (11,331 | ) |  |  | (4,260 | ) |  |  | (6,625 | ) |  |  | (7,290 | )
Net loss per share (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted |  | $ | (0.15 | ) |  | $ | (0.05 | ) |  | $ | (0.08 | ) |  | $ | (0.09 | )
Weighted average number of common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic and diluted |  |  | 74,969 |  |  |  | 81,950 |  |  |  | 82,054 |  |  |  | 82,155 |
(1) | Net loss per share is computed independently for each of the quarters presented; accordingly, the sum of the quarterly net income per share may not equal the total computed for the year.
(2) | Gross profit is defined as net product revenues less cost of product revenues.
(3) | Includes $3.5 million revenue from licensing functional IP for the three month period ended June 29, 2019.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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