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Aeluma, Inc. — First Quarter Fiscal 2027 Earnings Summary

  • Revenue declined to $0.6 million from $1.4 million in the prior year period, while the net loss widened to $3.8 million ($0.19 per share) from $1.5 million ($0.09 per share) in the same quarter last year.
  • Cash and cash equivalents decreased to $53.9 million from $56.0 million at the end of the previous quarter, with net cash used in operating activities rising to $1.7 million compared to $0.8 million in the prior year.
  • The company is negotiating for up to $30 million in proposed funding from the U.S. Department of Commerce CHIPS R&D Office and finalized a purchase agreement with Aixtron for a new 200 mm MOCVD system to expand manufacturing capacity.
  • Management maintains a focus on transitioning high-speed photodetectors and quantum dot lasers to production environments, citing potential high-volume demand for AI infrastructure buildout from 2028 through 2032.
Company
AELUMA INC
Sector
Technology
Industry
Semiconductors