---
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"
generated_at: "2026-05-14T20:40:11.422960+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# zSpace Q1 revenue $5.3M, net loss up to $6.9M; Board launches strategic review

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-061231
- JSON: https://secwatch.observer/filing/0001104659-26-061231.json
- Plain text: https://secwatch.observer/filing/0001104659-26-061231.txt

## Key facts
- Earnings Releases
  zSpace, Inc. reported the fiscal quarter ended March 31, 2026 results: revenue $5.3 million.
  - Period: the fiscal quarter ended March 31, 2026
  - Revenue: $5.3 million
  - Result: reported results
  source text: Revenue in the first quarter of 2026 was $5.3 million compared to $6.8 million in the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637147/000110465926061231/0001104659-26-061231-index.htm

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