KOPIN CORP

Analysis for Ticker: KOPN

Kopin Corporation develops high-performance microdisplays and optical systems that go into things like thermal weapon sights for soldiers and high-tech helmets for pilots. While it plays with these advanced toys, it has managed to incinerate exactly 406,2$ million of capital since its birth. The core business is a machine that burns through cash while the people running it simply print more and more paper for themselves to keep the lights on. It is like a lemonade stand that loses money on every single cup but pays the kids running it with more IOUs until the stand is eventually hollowed out completely.