#USA #Los Gatos #RF Technology #Atomera #GaN-on-Silicon

Atomera Reports Second Quarter 2026 Results

On August 4, 2026, Atomera Incorporated (NASDAQ: ATOM), a prominent player in semiconductor materials and technology licensing, provided a detailed corporate update alongside its financial results for the second quarter ended June 30, 2026. This quarter has been marked by significant achievements and strategic directions that promise to impact the semiconductor industry positively.

Recent Company Highlights

Atomera has announced a groundbreaking approach to GaN-on-Silicon technology, which addresses a critical performance constraint in RF applications. The company is also experiencing robust progress with its Gate-All-Around (GAA) customers and growing interest from providers of DRAM and flash memory. Atomera's advancements indicate a burgeoning demand for improved semiconductor solutions, especially as artificial intelligence (AI) continues to necessitate enhanced performance in the logic and memory sectors.

Management's Insights

Scott Bibaud, President and CEO of Atomera, expressed optimism regarding the company's momentum, noting, "This quarter Atomera made excellent progress with customer engagements across our key target markets, particularly in advanced logic and memory sectors, where AI is creating the need for further performance improvements."

Bibaud further explained that RF designers have historically shied away from using GaN for high-volume applications due to complexities and high costs associated with GaN on Silicon Carbide technology. However, Atomera's advancements in RF GaN on silicon present an opportunity for the development of a new class of RF devices, capitalizing on GaN's performance benefits while maintaining the cost-effectiveness of silicon substrates.

Financial Performance

In the second quarter of 2026, Atomera reported a net loss of $6.3 million or $0.17 per basic and diluted share, compared to a loss of $5.0 million, or $0.17 per share in the same quarter of the previous year. The adjusted EBITDA, which is a key non-GAAP financial measure, recorded a loss of $5.0 million this quarter, which is an increase from the adjusted EBITDA loss of $4.0 million in Q2 2025.

The company’s liquidity position has improved significantly, with $38.4 million in cash, cash equivalents, and short-term investments reported as of June 30, 2026, compared to $19.2 million at the end of 2025. This increase in cash reserves provides Atomera with a stronger foundation to pursue its operational objectives and continue developing its innovative technologies.

Stock Performance

As of June 30, 2026, the total number of shares outstanding was reported to be 39.0 million. This reflects an expansion from prior quarters, pointing to potential growth in investor interest and market confidence in Atomera’s strategic initiatives.

Looking Ahead: Q2 2026 Results Webinar

To delve deeper into the financial outcomes and ongoing developments, Atomera will host a live video webinar on August 4, 2026, at 2:00 PM PT (5:00 PM ET). Stakeholders and interested parties are encouraged to join via the webcast available on Atomera's investor relations website.

About Atomera Incorporated

Founded with a mission to enhance semiconductor performance, Atomera Incorporated focuses on deploying its proprietary Mears Silicon Technology™ (MST®) to revolutionize the performance and efficiency of semiconductor transistors. MST aims to be integrated into existing semiconductor manufacturing setups, complementing other nano-scaling technologies on the industry's roadmap. For additional information, visit www.atomera.com.

Conclusion

As the semiconductor industry continues to evolve, Atomera's innovative strategies and technologies position the company favorably for future opportunities. The recent quarterly results illustrate the challenges, but also the remarkable potential that lays ahead for the organization and its stakeholders.