Highest-materiality recent filing
Immersion Corp gets Nasdaq continued listing conditional on filing Q10 by May 22
Nasdaq Hearings Panel granted continued listing subject to compliance with Listing Rule 5250(c)(1) by May 22, 2026.
Immersion gets additional Nasdaq delisting notice; declares $0.075 quarterly dividend
Received additional Nasdaq delinquency notice on March 24, 2026 for failure to file Q3 FY2026 Form 10-Q.
Immersion receives Nasdaq delisting notice for delinquent filings; will seek hearing
Received Staff Determination Letter on Feb 10, 2026 for non-compliance with Nasdaq Listing Rule 5250(c)(1).
Immersion gets third Nasdaq delinquency notice for late filings; restatement ongoing
Received Nasdaq notice on Dec 23 for missing Q2 10-Q (quarter ended Oct 31, 2025).
Immersion corrects share count to 32.9M; confirms adoption of shareholder rights plan
Outstanding common shares as of Nov 7, 2025 corrected to 32,876,610 in this amendment.
Board approved quarterly dividend increase from $0.045 to $0.075 per share, payable January 30, 2026 to holders of record January 19, 2026.
Immersion Corporation adopts temporary shareholder rights plan with 9.99% trigger
Board declares dividend of one preferred share purchase right per common share, payable Nov 17, 2025.
Immersion receives second Nasdaq delinquency notice; faces delisting risk for late 10-Q and 10-K
Received Nasdaq notice on Sept 29, 2025 for late filing of Q3 FY2025 Form 10-Q; must submit compliance plan by Oct 20, 2025.
Immersion restates prior quarters due to BNED accounting errors; employee suspended
Board concludes Q3 FY2025, Q2 FY2025, and Q2 FY2024 financials should no longer be relied upon.
Immersion receives Nasdaq delinquency notice for late 10-K filing due to BNED investigation
Received Nasdaq notice on Aug 20, 2025 for failure to timely file Form 10-K for FY ended April 30, 2025.
Immersion delays 10-K filing; BNED subsidiary reveals up to $23M accounts receivable overstatement
Delays annual report filing due to internal investigation at subsidiary BNED for potential $23M accounts receivable overstatement.
Immersion Q3 FY2025 GAAP EPS $0.47, revenue $474.8M; declares $0.045 dividend, extends buyback
GAAP net income of $15.5M ($0.47 diluted EPS); Non-GAAP net income of $20.8M ($0.63 diluted EPS).
Immersion Q2 FY2025: GAAP EPS $0.83, Non-GAAP EPS $1.22; declares $0.245 special dividend
GAAP net income $27.2M ($0.83 diluted EPS), Non-GAAP $40.2M ($1.22) for Q2 FY2025 ended Oct 31, 2024.
Immersion acquires 42% of BNED for $50.1M, gains control; pro forma shows $784M revenue for H1 2024
Acquisition of ~42% of BNED for $50.1M cash, completed June 10, 2024; Immersion controls BNED via five board seats.
Immersion acquires 42% of BNED for $50.1M; gains control with 5 board seats
Purchased 42% of BNED common stock for $50.1M cash; control via 5 Immersion-appointed board seats.
Immersion Q2 rev $99.4M, GAAP EPS $0.89, non-GAAP $1.14; declares $0.045 dividend
Total revenues $99.4M in Q2 2024 vs $7.0M Q2 2023; includes consolidation of Barnes & Noble Education from June 10.
Immersion closes $45M BNED rights offering & PIPE; invests $55M, appoints four directors
Rights offering raised $45M gross from 900M shares at $0.05/share; Immersion backstop purchased 200,670,135 shares for $10.0M.
Immersion renews patent license with Samsung Electronics
License agreement signed May 17, 2024; announced May 22, 2024.
Immersion Q1 revenue $43.8M; GAAP EPS $0.59, non-GAAP EPS $0.63
Total revenues $43.8M vs $7.1M in Q1 2023, a 517% increase.
Immersion to backstop BNED rights offering, invest up to $80M and convert debt
Immersion subsidiary Toro 18 commits up to $35M backstop for BNED rights offering at $0.05/share.
Immersion Q4 GAAP net income $16.0M ($0.49/diluted); declares $0.045 quarterly dividend
Q4 revenue $10.4M (royalty & license $10.4M) vs $9.2M YoY; FY revenue $33.9M vs $38.5M.
Immersion settles patent litigation with Meta; expects ~$17.5M after fees
Immersion signs Patent License and Settlement Agreement with Meta Platforms, resolving all outstanding litigation.
Total revenues $9.5M vs $14.0M Q3 2022; GAAP net income $2.7M ($0.08 diluted) vs $7.7M ($0.23) prior year.
Immersion Q2 GAAP net income $7.0M ($0.21 EPS), revenue $7.0M down 12.5% YoY
Total revenues $7.0M vs $8.0M in Q2 2022; royalty & license revenues $6.9M down 12.7%.
Immersion CFO Aaron Akerman to resign; J. Michael Dodson appointed CFO effective June 12, 2023
CFO Aaron Akerman steps down upon successor appointment; separation date Aug 11, 2023; receives CAD$167,750 severance and CAD$50,000 bonus.
Immersion Q1 GAAP net income $8.3M ($0.25/diluted); declares $0.03 quarterly dividend
GAAP net income $8.3M ($0.25 diluted EPS), up from $5.1M ($0.15) in Q1 2022.
Immersion Q4 GAAP net income $19.7M ($0.60 EPS); declares $0.03 quarterly dividend
Q4 total revenues $9.2M vs $9.7M in Q4 2021; royalty and license revenues $9.1M.
Immersion appoints Eric Singer as CEO, declares $0.10 special dividend and $50M buyback
Eric Singer appointed President and CEO effective Jan 3, 2023; Francis Jose returns to General Counsel.
Immersion Q3 revenue $14.0M (up 94% YoY); declares $0.03 dividend, repurchased 7% of shares YTD
Total revenues $14.0M, up 94% YoY from $7.2M; royalty and license revenue $13.9M vs $7.1M.
Immersion Q2 revenue down 27% to $8.0M; bylaws amended for shareholder nominations
Q2 2022 total revenues $8.0M, down 27% from $11.0M in Q2 2021.
Filed complaint against Meta in W.D. Texas alleging Quest 2 etc. infringe six haptic patents, seeking injunction and royalties.
Mr. Akerman will step down as Chief Financial Officer of the Company upon the appointment of a successor and will depart from the Company effective August 11, 2023
On May 26, 2023, the Company appointed J. Michael Dodson as the Company’s Chief Financial Officer, effective June 12, 2023.
On March 24, 2023, Francis Jose informed Immersion Corporation, a Delaware corporation (the “ Company ”), that Mr. Jose will retire from the Company effective March 31, 2023.
appointed Eric Singer as the Company’s President, Chief Executive Officer and Chairman of the Board, effective January 3, 2023
Francis Jose, who had been serving as the Company’s Chief Executive Officer as well as its General Counsel, will continue to serve as the Company’s General Counsel.
On March 3, 2022, Mary Dotz, a member of the Board of Directors (the “ Board ”) of Immersion Corporation, a Delaware corporation (the “ Company ”), informed the Board that she does not intend to stand for re-election to the Board at the next annual stockholders’ meeting.
on March 8, 2022, the Board appointed Elias Nader to the Board.
On December 28, 2021, the Board appointed William C. Martin to serve as the Company’s Chief Strategy Officer.
on December 28, 2021, the Board appointed Frederick Wasch to its Board of Directors, effective on December 28, 2021.
Francis Jose, the Company’s General Counsel, was appointed the Chief Executive Officer effective on August 30, 2021.
Effective as of August 30, 2021, Mr. Jared Smith resigned as Interim Chief Executive Officer and Vice President, Worldwide Sales of Immersion Corporation
Max materiality 0.90 · Median 0.65 · Most common event other_material