secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2025-08-06T23:59:59+00:00
Accession:  0001558370-25-010516
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Everspin Q2 revenue $13.2M (+25% YoY); non-GAAP net income $0.7M; Q3 guidance $13.5-14.5M
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- Total revenue $13.2M vs $10.6M in Q2 2024; MRAM product sales $11.1M vs $9.9M.
- Licensing, royalty, patent & other revenue $2.1M vs $0.7M YoY.
- GAAP net loss $(0.7)M ($(0.03)/diluted) vs $(2.5)M ($(0.12)) in Q2 2024; Non-GAAP net income $0.7M ($0.03/diluted).
- Gross margin improved to 51.3% from 49.0%; cash and cash equivalents up $2.9M to $45.0M.
- Q3 2025 revenue guidance $13.5M-$14.5M; GAAP EPS $(0.05)-$0.00; non-GAAP EPS $0.02-$0.07.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000155837025010516/0001558370-25-010516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000155837025010516/mram-20250630x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-010516

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