Company Analysis

Atomera Incorporated (ATOM)

Nasdaq: ATOM · Semiconductors & Related Devices · Los Gatos, CA · filing with the SEC since 2007
Grade2.9
◀ Past 2.2● Present 2.9▶ Future 3.6
1 est.

The grade of Atomera Incorporated

Nine metrics read from its own filings, by tense
Headline grade
2.9/10
◀ Past2.230% of the headline
● Present2.940% of the headline
▶ Future3.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.2/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
3.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2025-03-19.

weight 33% of this tense · 35th percentile among 99 sector filers · read for itself

From the record

Atomera Incorporated's filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2025-03-19) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.1/10

What has it actually done, year after year?

+0.9% a year over 6 filed years; profitable in 0 of 6.

weight 45% of this tense · 11th percentile among 93 sector filers · read for its customers

From the record

Atomera Incorporated's 6 filed years say what it did: revenue went from $62 thousand in fiscal 2020 to $65 thousand in fiscal 2025, up 0.9% a year; it rose in 2 of 5 years; the deepest fall was 88% from fiscal 2023 to fiscal 2025; net income was positive in 0 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span0.9%bottom 16% of its family
  • the share of years revenue rosebottom 11% of its family
  • the share of filed years with a profitbottom 10% of its family
  • the deepest fall from a revenue peak88.2%bottom 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
2.6/10

How has it treated the people who own it?

SI estimate 2.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 26th percentile among 94 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the share count over the years, which ranks in the bottom 26% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: the share count over the years, the one part on file, ranked among 94 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Atomera Incorporated's shareholder treatment is put at 2.6 of 10 with a confidence of 35 of 100, because read from one part only, the share count over the years, which ranks in the bottom 26% of 94 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

2.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
2.9/10

Is it financially healthy right now?

ROE -110%: lost 110¢ per shareholder dollar. Leverage 13%: owes 13¢ per asset dollar.

weight 45% of this tense · 29th percentile among 95 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Atomera Incorporated lost about 110 cents for every dollar of shareholders' money, and gross profitability: its products earned less than nothing, about minus 1 cents per dollar of everything the company owns. Leverage: it owed about 13 cents per dollar of assets, and net share issuance: its share count grew 13.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 15% of its family
  • return on equitybottom 5% of its family
  • gross profit against assetsbottom 4% of its family
  • the share count against the year beforebottom 22% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
0.2/10

How strong is its position in its industry?

bottom 2% of 97 in its family; net margin -31036.9%.

weight 33% of this tense · 2nd percentile among 97 sector filers · read for its customers

From the record

Atomera Incorporated's standing among 97 graded names in its industry family: revenue of $65 thousand in fiscal 2025 ranks in the bottom 2% by size; a net margin of -31036.9% ranks in the bottom 1%; revenue growth of -44.6% a year over the last 3 filed years ranks in the bottom 5% (its annual reports).

What it rests on

  • revenue against the family$65,000bottom 2% of its family
  • net margin-31036.9%bottom 1% of its family
  • three-year revenue growth-44.6%bottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
6.9/10

What are the people in charge doing?

top 31% of 67 in its family for leadership; chief executive since 2016.

weight 22% of this tense · 69th percentile among 67 sector filers · read for its shareholders

From the record

Atomera Incorporated's leadership, from its insiders' filings and its current reports: the chief executive on the record is Bibaud, Scott A. (CEO and President, as filed), filing under that title since 2016-08-04, 10.3 years (top 23% of its family); the 7 officers and directors filing in the last fifteen months have been on the record a median of 10.3 years (top 15%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 7 people in charge now (bottom 45%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge4 in three years among 7 peoplebottom 45% of its family
  • the median years the people in charge have filed10.3 yearstop 15% of its family
  • the chief executive's years on the record10.3 yearstop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.0/10

How much room does it have to grow?

top 50% of 94 in its family for room to expand.

weight 45% of this tense · 50th percentile among 94 sector filers · read for itself

From the record

Atomera Incorporated's room to grow, from the newest filed statements (fiscal 2025): cash of $19 million against no long-term debt tagged leaves 91.1% of its assets as net cash, top 2% of its family; cash from operations less capital spending is -22953.8% of revenue (bottom 2%); a gross margin of -393.8% (bottom 1%); research spending of 18927.7% of revenue (top 1%) (its annual report).

What it rests on

  • cash less debt against assets91.1%top 2% of its family
  • cash from operations less capital spending against revenue-22953.8%bottom 2% of its family
  • gross margin-393.8%bottom 1% of its family
  • research spending against revenue18927.7%top 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
2.8/10

What could actually drive growth from here?

bottom 28% of 93 in its family for growth drivers.

weight 33% of this tense · 28th percentile among 93 sector filers · read for its customers

From the record

Atomera Incorporated's growth drivers, from the filed years to fiscal 2025: revenue grew -44.6% a year over the last three filed years against 0.9% over all 6, slowing (bottom 4% of its family); the newest year grew -51.9% (bottom 3%); research spending grew 7% a year (top 43%); capital spending grew 7.9% a year (bottom 49%) (its annual reports). Atomera Incorporated tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-45.5 points a yearbottom 4% of its family
  • the newest year's revenue growth-51.9%bottom 3% of its family
  • three-year growth of research spending7.0%top 43% of its family
  • three-year growth of capital spending7.9%bottom 49% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.1/10

Did its newest year beat what its own record pointed to?

bottom 21% of 88 in its family for expectations against reality.

weight 22% of this tense · 21st percentile among 88 sector filers · read for its shareholders

From the record

Atomera Incorporated's newest year against its own record: revenue of $65 thousand in fiscal 2025 came in 19% below the $80 thousand its prior three years' pace pointed to (bottom 11% of its family); net income of $20 million against a prior three-year average of $19 million (top 47%); a net margin of a loss larger than its revenue against losses larger than its revenue before (bottom 1%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-19.0%bottom 11% of its family
  • net income against the prior three years' average-9%top 47% of its family
  • net margin against its prior averagedown more than 100 pointsbottom 1% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ATOM · research, not advice