{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-061231","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2026-05-14T20:30:16+00:00","discovered_at":"2026-05-14T20:31:00.345228+00:00","generated_at":"2026-05-14T20:40:11.422960+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"zSpace Q1 revenue $5.3M, net loss up to $6.9M; Board launches strategic review","bullets":["Revenue $5.3M, down 22% YoY; net loss ($5.9M)-($6.9M) vs ($5.8M).","Gross margin improved 570 bps to 53%; adjusted EBITDA loss narrowed to $2.1M from $4.4M.","Board initiates formal strategic alternatives review to maximize shareholder value; may include sale.","Cash increased to $2.9M from $1.1M; ACV $10.1M (-13% YoY).","Bookings $6.1M (-8% YoY); backlog $3.8M; CEO cites Iran war delays and federal shutdown impacts."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-061231","json":"https://secwatch.observer/filing/0001104659-26-061231.json","markdown":"https://secwatch.observer/filing/0001104659-26-061231.md","text":"https://secwatch.observer/filing/0001104659-26-061231.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926061231/0001104659-26-061231-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926061231/zspc-20260514x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T20:40:11.422960+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":"25c726371a0b3d828f5a3241dec38f9262da7ded","claim":"zSpace, Inc. reported the fiscal quarter ended March 31, 2026 results: revenue $5.3 million.","evidence_excerpt":"Revenue in the first quarter of 2026 was $5.3 million compared to $6.8 million in the first quarter of 2025.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926061231/0001104659-26-061231-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2026"},{"label":"Revenue","value":"$5.3 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"}