---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-017426"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:07:04.288634+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Netlist Q4 revenue up 54% YoY; FY 2023 net loss widens to $60.4M

## Summary
- Q4 net product sales $33.4M, up 54% from $21.7M YoY and 100% QoQ.
- Q4 net loss $13.2M ($0.05 per share) vs $12.9M loss ($0.06) in prior year.
- Full year net sales $69.2M, down 57% from $161.6M; net loss $60.4M ($0.25) vs $33.4M ($0.14).
- Cash, equivalents and restricted cash $52.8M as of Dec 30, 2023.
- CEO expects 2024 trials against Micron and Samsung over IP used in AI memory products.

## SEC filing metadata
- accession: 0001104659-24-017426
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/0001104659-24-017426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/tm245709d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-017426
- JSON: https://secwatch.observer/filing/0001104659-24-017426.json
- Plain text: https://secwatch.observer/filing/0001104659-24-017426.txt

## Key facts
- Earnings Releases
  NETLIST INC reported fourth quarter ended December 30, 2023 results: net income ($13.2) million, EPS ($0.05) per share.
  - Period: fourth quarter ended December 30, 2023
  - Net income: ($13.2) million
  - EPS: ($0.05) per share
  - Result: reported results
  source text: Net sales for the fourth quarter ended December 30, 2023 were $33.4 million, compared to net sales of $21.7 million for the fourth quarter ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/0001104659-24-017426-index.htm
- Earnings Releases
  NETLIST INC reported fourth quarter ended December 30, 2023 results: net income ($13.2) million, EPS ($0.05) per share.
  - Period: fourth quarter ended December 30, 2023
  - Net income: ($13.2) million
  - EPS: ($0.05) per share
  - Result: reported results
  source text: Net loss for the fourth quarter ended December 30, 2023 was ($13.2) million, or ($0.05) per share, compared to a net loss of ($12.9) million in the same period of prior year, or ($0.06) per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/0001104659-24-017426-index.htm
- Earnings Releases
  NETLIST INC reported full year ended December 30, 2023 results: net income ($60.4) million, EPS ($0.25) per share.
  - Period: full year ended December 30, 2023
  - Net income: ($60.4) million
  - EPS: ($0.25) per share
  - Result: reported results
  source text: Net sales for the full year ended December 30, 2023 were $69.2 million, compared to net sales of $161.6 million for the full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/0001104659-24-017426-index.htm
- Earnings Releases
  NETLIST INC reported full year ended December 30, 2023 results: net income ($60.4) million, EPS ($0.25) per share.
  - Period: full year ended December 30, 2023
  - Net income: ($60.4) million
  - EPS: ($0.25) per share
  - Result: reported results
  source text: Net loss for the full year ended December 30, 2023 was ($60.4) million, or ($0.25) per share, compared to a net loss in the prior year period of ($33.4) million, or ($0.14) per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1282631/000110465924017426/0001104659-24-017426-index.htm

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