SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2025

SEGMENT REPORTING

Schedule of net losses of the semiconductor material segment.

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024		2025		2024
Revenue	$	32	$	40	$	55	$	40
Cost of revenue		28		32		29		32
Gross profit		4		8		26		8
Other operating income		279		236		530		438
Operating expenses
Research and development		2,426		1,158		3,923		2,434
General and administrative		2,360		1,844		4,369		3,206
(Gain)/loss on foreign currency transactions		(131)		19		(226)		32
Total operating expenses		4,655		3,021		8,066		5,672
Loss from operations		(4,372)		(2,777)		(7,510)		(5,226)
Total non-operating income/(expense)		1,973		(321)		2,952		432
Loss before income taxes		(2,399)		(3,098)		(4,558)		(4,794)
Income tax refund		(1)		(1)		24		(1)
Net loss	$	(2,400)	$	(3,099)	$	(4,534)	$	(4,795)