{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-095890","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2026-08-13T20:05:11+00:00","discovered_at":"2026-08-13T20:07:00.108272+00:00","generated_at":"2026-08-13T20:07:26.958103+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"zSpace Q2 2026: revenue down to $5.4M but swings to $0.3M net income; margins at 56%","bullets":["Revenue $5.4M vs $7.5M YoY; bookings $6.0M down 14%; backlog $3.8M; EMEA orders delayed/returned due to Iran war.","Net income $0.3M vs net loss $6.1M; adjusted EBITDA loss narrowed to $0.9M from $4.5M; gross margin 56%, up 1,380 bps.","Eliminated over $12M debt via lender conversions to equity; one-time gain will not recur; cash $0.9M vs $1.4M YoY.","ACV $9.4M down 13% YoY; NDRR 66% (83% normalized, excluding two customer losses in Q3 2025).","Board's strategic alternatives review remains ongoing; appointed VR Expert as first European master reseller."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-095890","json":"https://secwatch.observer/filing/0001104659-26-095890.json","markdown":"https://secwatch.observer/filing/0001104659-26-095890.md","text":"https://secwatch.observer/filing/0001104659-26-095890.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926095890/0001104659-26-095890-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000110465926095890/zspc-20260813x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-13T20:07:26.958103+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}