secwatch.observer — SEC 8-K summary
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Issuer:     zSpace, Inc. (ZSPC)
CIK:        0001637147
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001104659-25-111286
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

zSpace Q3 revenue falls to $8.8M, net loss widens to $6.2M
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- Revenue of $8.8M, down 38% YoY; net loss of $6.2M vs $0.2M loss year ago.
- Gross margin expanded 642 bps to 51%; software/services now 57% of revenue.
- ACV of renewable software $10.2M, down 10% YoY; NDRR 77% for larger customers.
- Adjusted EBITDA -$2.0M vs +$0.4M; bookings $7.4M, down 37% YoY.
- Cash $4.3M; recent wins: Danbury Public Schools deployment, GEMS Education.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637147/000110465925111286/0001104659-25-111286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637147/000110465925111286/zspc-20251113x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-111286

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer