---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-023593"
form_type: "8-K"
ticker: "NLST"
cik: "0001282631"
company_name: "NETLIST INC"
filed_at: "2025-03-14T23:59:59+00:00"
generated_at: "2026-05-24T17:56:15.275426+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Netlist estimates FY2024 net sales $145M-$150M; enters $75M equity facility with Lincoln Park

## Summary
- Preliminary FY2024 net sales estimated at $145M-$150M (unaudited, subject to change).
- Cash, cash equivalents and restricted cash as of Q4 2024 estimated $32M-$35M.
- Entered purchase agreement with Lincoln Park Capital Fund for up to $75M common stock sales over 36 months.
- Issued 1,123,023 initial commitment shares to Lincoln Park as commitment fee; additional shares possible.
- Company controls timing and amount of sales; no upper limit on share price Lincoln Park must pay.

## SEC filing metadata
- accession: 0001104659-25-023593
- form_type: 8-K
- ticker: NLST
- cik: 0001282631
- company_name: NETLIST INC
- filed_at: 2025-03-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1282631/000110465925023593/0001104659-25-023593-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1282631/000110465925023593/tm258938d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-023593
- JSON: https://secwatch.observer/filing/0001104659-25-023593.json
- Plain text: https://secwatch.observer/filing/0001104659-25-023593.txt

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