{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-036812","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.709076+00:00","generated_at":"2026-05-15T08:23:46.570852+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"zSpace Q4 revenue falls 44% YoY to $4.8M; net loss widens to $7.3M, cash drops to $1.0M","bullets":["Q4 2025 revenue $4.8M (down 44% YoY); full year $27.9M (down 27% YoY).","Net loss widened to $7.3M Q4 / $25.4M FY from $3.6M / $20.8M a year ago.","Gross margin improved to 49% Q4 / 48% FY (up 840 / 670 bps) on cost cuts and higher software mix.","Cash and restricted cash fell to $1.0M from $4.9M; recent $3M investment and $4.3M note added liquidity.","Software/services mix rose to 53% of Q4 revenue; bookings down 21% YoY to $3.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-036812","json":"https://secwatch.observer/filing/0001104659-26-036812.json","markdown":"https://secwatch.observer/filing/0001104659-26-036812.md","text":"https://secwatch.observer/filing/0001104659-26-036812.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/0001104659-26-036812-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/zspc-20260330x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:23:46.570852+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13c6a8468cbdcd4a800d123c6edf7ff7884cda56","claim":"zSpace, Inc. reported the fiscal quarter and year ended December 31, 2025 results: revenue $4.8 million, net income ($7.3) million.","evidence_excerpt":"Revenue in the fourth quarter of 2025 was $4.8 million compared to $8.5 million in the fourth quarter of 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926036812/0001104659-26-036812-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter and year ended December 31, 2025"},{"label":"Revenue","value":"$4.8 million"},{"label":"Net income","value":"($7.3) million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}