---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-112768"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2023-10-31T23:59:59+00:00"
generated_at: "2026-06-09T04:17:18.516724+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Netlist Q3 net sales $16.7M, down 51% YoY; net loss widens to $17.3M

## Summary
- Net sales $16.7M vs $34.4M in Q3 2022; product revenue up 67% sequentially.
- Gross profit $0.4M vs $2.2M; net loss ($17.3M) or ($0.07) per share vs ($9.6M) loss.
- Cash and equivalents $50.6M; total assets $68.2M; working capital $34.5M.
- Management highlights DDR5 transition and AI memory demand; patent trial vs Micron set for January.
- Samsung contract case remanded to district court after split appeals ruling.

## SEC filing metadata
- accession: 0001104659-23-112768
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2023-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465923112768/0001104659-23-112768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465923112768/tm2329360d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-112768
- JSON: https://secwatch.observer/filing/0001104659-23-112768.json
- Plain text: https://secwatch.observer/filing/0001104659-23-112768.txt

## Key facts
- Earnings Releases
  NETLIST INC reported third quarter ended September 30, 2023 results: revenue $16.7 million, net income ($17.3) million, EPS ($0.07) per share.
  - Period: third quarter ended September 30, 2023
  - Revenue: $16.7 million
  - Net income: ($17.3) million
  - EPS: ($0.07) per share
  - Result: reported results
  source text: court. Netlist looks forward to having an opportunity to bring forth all the evidence supporting its position.” Net sales for the third quarter ended September 30, 2023 were $16.7 million, compared to net sales of $34.4 million for the third quarter ended October 1, 2022. Gross profit for the third quarter ended September 30, 2023 was $0.4 million, compared to a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465923112768/0001104659-23-112768-index.htm

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