---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-003855"
form_type: "8-K"
ticker: "ZSPC"
cik: "0001637147"
company_name: "zSpace, Inc."
filed_at: "2025-03-27T23:59:59+00:00"
generated_at: "2026-05-24T03:56:14.420481+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# zSpace Q4 revenue falls 30% to $8.5M; FY net loss widens to $20.8M

## Summary
- Revenue Q4 2024 $8.5M vs $12.1M year ago; FY revenue $38.1M vs $43.9M in 2023.
- Net loss Q4 $(3.6)M improved from $(4.1)M; FY net loss $(20.8)M vs $(13.0)M in 2023.
- Gross margin improved to 40.7% (Q4) and 40.9% (FY) vs 34.7% and 38.5% a year ago.
- Cash and equivalents $4.9M at Dec 31, 2024, up from $3.1M; backlog $9.2M reflecting strong demand.
- ACV of renewable software $11.3M (+6% YoY); NDRR at 92% for customers >$50K ACV.

## SEC filing metadata
- accession: 0001558370-25-003855
- form_type: 8-K
- ticker: ZSPC
- cik: 0001637147
- company_name: zSpace, Inc.
- filed_at: 2025-03-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637147/000155837025003855/0001558370-25-003855-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637147/000155837025003855/zspc-20250327x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-003855
- JSON: https://secwatch.observer/filing/0001558370-25-003855.json
- Plain text: https://secwatch.observer/filing/0001558370-25-003855.txt

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