{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-005987","form_type":"8-K","ticker":"MRAM","cik":"0001438423","company_name":"EVERSPIN TECHNOLOGIES INC.","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.302168+00:00","generated_at":"2026-05-23T02:13:17.305464+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Everspin Q1 revenue $13.1M, net loss $1.2M; Q2 guidance $12.5-13.5M","bullets":["Total revenue $13.1M, down 9% YoY; product revenue $11.0M flat, licensing revenue $2.1M down 42%.","GAAP net loss $1.2M ($0.05 loss/share) vs net loss $0.2M in Q1 2024; non-GAAP net income $0.4M ($0.02/share) vs $1.5M.","Gross margin 51.4% vs 56.5% YoY; operating expenses $8.7M flat.","Q2 2025 guidance: revenue $12.5M-$13.5M; GAAP EPS ($0.05)-$0.00; non-GAAP EPS $0.00-$0.05.","No tariff impact in Q1; new Orion xSPI products for aerospace/defense; cash $42.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-005987","json":"https://secwatch.observer/filing/0001558370-25-005987.json","markdown":"https://secwatch.observer/filing/0001558370-25-005987.md","text":"https://secwatch.observer/filing/0001558370-25-005987.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1438423/000155837025005987/0001558370-25-005987-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1438423/000155837025005987/mram-20250430x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:13:17.305464+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}