Netlist reports FY2024 revenue up 113% to $147.1M; net loss narrows to $53.8M

NETLIST INC

Full-year net sales $147.1M (+113% YoY); gross profit $2.9M (+21%); net loss ($53.8M) vs ($60.4M) prior year.
Q4 net sales $34.3M vs $33.4M; Q4 net loss ($12.7M) vs ($13.2M); EPS ($0.05) unchanged.
Won patent infringement jury trials against Micron and Samsung; cumulative damages awarded $866M.
Cash, cash equivalents and restricted cash $34.6M; working capital deficit ($7.3M); stockholders' deficit ($6.0M).

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