secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001558370-25-001599
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin Q4 revenue $13.2M, EPS $0.05; full-year revenue $50.4M, down 21%
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- Q4 2024 total revenue $13.2M, down 21% from $16.7M in Q4 2023.
- GAAP net income $1.2M ($0.05 diluted EPS) vs $2.0M ($0.09) a year ago.
- MRAM product sales $11.0M (Q4) and $42.2M (FY), down from $12.4M and $53.1M.
- Licensing & other revenue fell to $2.2M (Q4) and $8.2M (FY) from $4.3M and $10.6M.
- Q1 2025 guidance: revenue $12-13M; GAAP net loss per basic share $(0.10)-$(0.05).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000155837025001599/0001558370-25-001599-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000155837025001599/mram-20250226x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001599

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer