{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-22-017160","form_type":"8-K","ticker":"MRAM","cik":"0001438423","company_name":"EVERSPIN TECHNOLOGIES INC.","filed_at":"2022-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.664048+00:00","generated_at":"2026-06-22T01:04:00.659108+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Everspin Q3 revenue $15.2M, net income $1.9M; Chairman transitions from Executive to non-Executive","bullets":["Revenue $15.2M, up 4% QoQ and 3% YoY; net income $1.9M ($0.09 diluted EPS), up from $0.9M in Q3'21.","MRAM product sales $14.6M, up 21% YoY; licensing revenue $0.7M, down from $2.8M YoY.","Adjusted EBITDA $3.4M vs $2.5M in Q3'21; cash $23.4M, up from $23.1M Q2'22.","Q4'22 guidance: revenue $14.1-15.1M, GAAP net income per basic share breakeven to $0.05.","Darrin Billerbeck transitioned from Executive Chairman to Chairman of the Board on Nov 8."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-22-017160","json":"https://secwatch.observer/filing/0001558370-22-017160.json","markdown":"https://secwatch.observer/filing/0001558370-22-017160.md","text":"https://secwatch.observer/filing/0001558370-22-017160.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438423/000155837022017160/0001558370-22-017160-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438423/000155837022017160/mram-20221109x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T01:04:00.659108+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":"06c9623b6c5bc67d98dda496896e81a28625c607","claim":"EVERSPIN TECHNOLOGIES INC. reported the third quarter of 2022 results: revenue $15.2 million, net income $1.9 million, EPS $0.09 per basic share.","evidence_excerpt":"MRAM, today announced preliminary unaudited financial results for the third quarter of 2022. ​ Third Quarter 2022 Highlights ​ ● Q3’22 revenue increased $0.5 million, or 4%, to $15.2 million from $14.7 million for Q2’22. Q3’22 revenue increased $0.4 million, or 3% from $14.8 million in Q3’21. ● The Company reported net income of $1.9 million for Q3’22, compared to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438423/000155837022017160/0001558370-22-017160-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2022"},{"label":"Revenue","value":"$15.2 million"},{"label":"Net income","value":"$1.9 million"},{"label":"EPS","value":"$0.09 per basic share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"},{"claim_id":"5c76430d89","claim":"Darrin Billerbeck changed role as Chairman of the Board at EVERSPIN TECHNOLOGIES INC..","evidence_excerpt":"On November 8, 2022, Darrin Billerbeck, the Executive Chairman of the Board of the Board of Directors of Everspin Technologies, Inc., transitioned from Executive Chairman of the Board back to Chairman of the Board.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438423/000155837022017160/0001558370-22-017160-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Chairman of the Board"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}