form8k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 13, 2008
eMagin
Corporation
(Exact
name of registrant as specified in its charter)
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Delaware
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000-24757
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56-1764501
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(State
or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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10500 N.E. 8 th
Street, Suite 1400,
Bellevue, WA 98004
(Address
of principal executive offices and Zip Code)
Registrant's
telephone number, including area code (425)-749-3600
Copies
to:
Richard
Friedman, Esq.
Sichenzia
Ross Friedman Ference LLP
61
Broadway
New York,
New York 10006
Phone:
(212) 930-9700
Fax:
(212) 930-9725
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
[ ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
Item
2.02. Results of Operations and Financial Condition.
On May
15, 2008, eMagin Corporation ("eMagin" or the "Company") held a conference call
to discuss the financial results of the Company for its first quarter ended
March 31, 2008 (the “Earnings Call”). During
the Earnings Call the Company announced first quarter 2008 financial results,
reporting that: revenue of $2.7 million for the three months ending
March 31, 2008 represented a decrease of 26% compared to the same period of
2007; operating expenses declined from $3.1 for the first quarter of 2007 to
$2.5 million for the first quarter of 2008; and net loss for the first quarter
2008 was $2.7 million, or $0.21 per share as compared to a net loss of $2.9
million or $0.27 per share.
The
Company also issued a press release on May 15, 2008 announcing the Company’s
financial results of the quarter ended March 31, 2008, as described above, which
is attached hereto as Exhibit 99.1.
In
accordance with General Instruction B.2 of Form 8-K, the information in this
Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”), or otherwise subject to the liability of that
section, and shall not be incorporated by reference into any registration
statement or other document filed under the Act or the Exchange Act, except as
shall be expressly set forth by specific reference in such filing.
Item
9.01 Financial Statements and Exhibits.
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(a)
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Financial
statements of business acquired.
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Not
applicable.
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(b)
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Pro
forma financial information.
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Not
applicable.
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Exhibit
Number
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Description
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99.1
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Press
Release of eMagin Corporation dated as of May 15,
2008.
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SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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eMagin
Corporation |
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| Date: May 21, 2008 |
By:
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/s/ Paul
Campbell |
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Name:
Paul Campbell |
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Title: Interim
Chief Financial Officer |
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Exhibit
List
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Exhibit
Number
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Description
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99.1
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Press
Release of eMagin Corporation dated as of May 15,
2008.
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3