---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-004444"
form_type: "8-K"
ticker: "IMMR"
cik: "0001058811"
company_name: "IMMERSION CORP"
filed_at: "2023-02-22T23:59:59+00:00"
generated_at: "2026-06-19T04:04:56.710654+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Immersion Q4 GAAP net income $19.7M ($0.60 EPS); declares $0.03 quarterly dividend

## Summary
- Q4 total revenues $9.2M vs $9.7M in Q4 2021; royalty and license revenues $9.1M.
- GAAP net income $19.7M ($0.60 diluted EPS) vs $1.3M ($0.04) in Q4 2021; non-GAAP net income $14.8M ($0.45).
- GAAP operating expenses $3.4M, down 14% YoY; non-GAAP operating expenses $2.6M, down 21%.
- Board declared $0.03 per share quarterly dividend, payable April 28, 2023 to holders of record April 13, 2023.

## SEC filing metadata
- accession: 0001628280-23-004444
- form_type: 8-K
- ticker: IMMR
- cik: 0001058811
- company_name: IMMERSION CORP
- filed_at: 2023-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1058811/000162828023004444/0001628280-23-004444-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1058811/000162828023004444/immr-20230222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-004444
- JSON: https://secwatch.observer/filing/0001628280-23-004444.json
- Plain text: https://secwatch.observer/filing/0001628280-23-004444.txt

## Key facts
- Earnings Releases
  IMMERSION CORP reported fourth quarter ended December 31, 2022 results: net income $14.8 million, EPS $0.45 per diluted share.
  - Period: fourth quarter ended December 31, 2022
  - Net income: $14.8 million
  - EPS: $0.45 per diluted share
  - Result: reported results
  source text: Fourth Quarter Financial Summary: • Total revenues of $9.2 million, compared to $9.7 million in the fourth quarter of 2021. Royalty and license revenues were $9.1 million, compared to $9.7 million in the fourth quarter of 2021. • GAAP net income was $19.7 million, or $0.60 per diluted share, compared to GAAP net income of $1.3 million, or $0.04 per diluted share, in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058811/000162828023004444/0001628280-23-004444-index.htm
- Earnings Releases
  IMMERSION CORP reported fourth quarter ended December 31, 2022 results: net income $14.8 million, EPS $0.45 per diluted share.
  - Period: fourth quarter ended December 31, 2022
  - Net income: $14.8 million
  - EPS: $0.45 per diluted share
  - Result: reported results
  source text: Immersion Corporation Reports Fourth Quarter 2022 Results GAAP Net Income of $19.7 million or $0.60 per diluted share Non-GAAP Net Income of $14.8 million or $0.45 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1058811/000162828023004444/0001628280-23-004444-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.