{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002001","form_type":"8-K","ticker":"MRAM","cik":"0001438423","company_name":"EVERSPIN TECHNOLOGIES INC.","filed_at":"2024-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.197475+00:00","generated_at":"2026-06-05T08:35:05.384313+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Everspin Q4 revenue $16.7M, EPS $0.09 beat; FY2023 record rev $63.8M, net income $9.1M","bullets":["Q4 revenue $16.7M (+6% YoY), GAAP EPS $0.09; FY revenue $63.8M, net income $9.1M, EPS $0.42.","MRAM product sales Q4 $12.4M (down from $14.6M YoY) but licensing revenue surged to $4.3M from $1.1M.","Gross margin expanded to 58.1% Q4 (FY 58.4%); adjusted EBITDA $3.6M Q4, $15.3M FY.","Record cash $36.9M, no debt; 11th consecutive profitable quarter; 217 design wins in 2023.","Q1 2024 guidance: revenue $13.5-14.5M, EPS breakeven to $0.05 per diluted share."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002001","json":"https://secwatch.observer/filing/0001558370-24-002001.json","markdown":"https://secwatch.observer/filing/0001558370-24-002001.md","text":"https://secwatch.observer/filing/0001558370-24-002001.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438423/000155837024002001/0001558370-24-002001-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438423/000155837024002001/mram-20240228x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T08:35:05.384313+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":"7ebcaf7a18fc343b73ac6ba583ecaa6b7d60de27","claim":"EVERSPIN TECHNOLOGIES INC. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).","evidence_excerpt":"On February 28, 2024, Everspin Technologies, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2023, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1438423/000155837024002001/0001558370-24-002001-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}