{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-011560","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2025-08-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.536410+00:00","generated_at":"2026-05-17T13:14:02.603417+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"zSpace Q2 2025 revenue flat at $7.5M; net loss widens to $6.1M, bookings down 54%","bullets":["Revenue of $7.5M unchanged YoY; net loss ($6.1M) vs ($4.7M) in Q2 2024.","Gross margin improved to 43% from 40%, up 213 bps on better hardware costs.","Bookings $7.2M, down 54% YoY; management cites education funding uncertainty.","ACV of renewable software $10.9M (+11% YoY); NDRR for >$50k customers 131%.","Cash and restricted cash $1.4M, down from $3.0M a year ago."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-011560","json":"https://secwatch.observer/filing/0001558370-25-011560.json","markdown":"https://secwatch.observer/filing/0001558370-25-011560.md","text":"https://secwatch.observer/filing/0001558370-25-011560.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025011560/0001558370-25-011560-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025011560/zspc-20250814x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T13:14:02.603417+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"}