secwatch.observer — SEC 8-K summary
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Issuer:     zSpace, Inc. (ZSPC)
CIK:        0001637147
Form:       8-K
Filed at:   2025-03-27T23:59:59+00:00
Accession:  0001558370-25-003855
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637147/000155837025003855/0001558370-25-003855-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637147/000155837025003855/zspc-20250327x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-003855

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