---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-023560"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T06:31:41.049752+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Netlist full-year revenue up 58% to $161.6M; Q4 sales drop 40% YoY, net loss widens

## Summary
- Full year 2022 net product sales $161.6M (+58% YoY); product gross profit $11.9M (+34% YoY).
- Q4 2022 net sales $21.7M (down from $36.3M in Q4 2021); product gross profit $1.6M (down from $2.0M).
- Q4 net loss ($12.9M) or ($0.06)/share vs. ($8.2M) or ($0.04)/share in prior year period.
- Full year net loss ($33.4M) or ($0.14)/share vs. net income of $4.8M or $0.02/share in 2021.
- Cash and equivalents $43.6M; CEO expects weak memory demand in 2023 to impact near-term performance.

## SEC filing metadata
- accession: 0001104659-23-023560
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465923023560/0001104659-23-023560-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465923023560/tm236829d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-023560
- JSON: https://secwatch.observer/filing/0001104659-23-023560.json
- Plain text: https://secwatch.observer/filing/0001104659-23-023560.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.