Net set-back for the year was $2.1 million or $0.03 per share, based on 68.1 million diluted shares outstanding, Stated proceeds loan.

3/18/2008 1:03:51 PM Kopin Corp. (KOPN), a maker of Gallium Arsenide-based heterojunction bipolar transistor wafers and other commercial semiconductor products, on Tuesday said it filed with the U.S. Securities and Exchange Commission, all in arrears repetitive reports, including the company's Annual Report on Form 10-K for the 12 months ended December 30, 2006.

The and and private limited company stated that the discharge on 10-K contains restated economic statements coupled to the accounting adjustments resulting from its assortment privilege review. According to the Taunton, Massachusetts-based Kopin, the reports bump off the undiminished filing proviso for continued listing on the NASDAQ Stock Market as per rules. For the financial year ended December 30, 2006, the ensemble recorded $37.5 million of non-cash stock-based compensation sacrifice and agnate pressure charges of $80 thousand pertaining to beasts opportunity grants made from 1995 through 2006.

Kopin also reported once ethereal audit differences of $69 thousand for all years through 2006. Net detriment for the year was $2.1 million or $0.03 per share, based on 68.1 million diluted shares outstanding, compared to mesh-work return of $10.5 million or $0.15 per share, which was restated, and based on 69.9 million diluted shares super for 2005.

Net deprivation for the 2006 spell included $104 thousand of non-cash stock-based compensation expense, compared to $749 thousand in the year 2005. As formerly reported, totality net for the 12 months ended December 30, 2006 was $71.1 million, compared to $90.3 million in the year 2005.

Cash and marketable securities at the end of the year were $105.4 million, in contrast with $119.8 million at year-end 2005.

Kopin said it plans to matter its fourth-quarter and full-year 2007 pecuniary results after the seal of the sell on Thursday, March 27, 2008 and entertain a bull session ring for investors and analysts at 5:00 p.m. ET on the same day. KOPN is currently trading at $2.25, up $0.28 or 14.21%, on a quantity of 182 thousand shares.

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