secwatch.observer — SEC 8-K summary
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Issuer:     zSpace, Inc. (ZSPC)
CIK:        0001637147
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001558370-25-011560
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

zSpace Q2 2025 revenue flat at $7.5M; net loss widens to $6.1M, bookings down 54%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637147/000155837025011560/0001558370-25-011560-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637147/000155837025011560/zspc-20250814x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-011560

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