Source-grounded facts extracted from EVERSPIN TECHNOLOGIES INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Lawrence G. Finch resigned as Director at EVERSPIN TECHNOLOGIES INC..
“On July 14, 2026, Lawrence G. Finch notified Everspin Technologies, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”), including as a member of the Board’s audit committee, effective August 4, 2026.”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Approval of amendment and restatement of the Amended and Restated 2016 Equity Incentive Plan at the 2026-05-21 meeting.
“Proposal 4: The vote to approve the amendment and restatement of the Everspin Technologies, Inc. Amended and Restated 2016 Equity Incentive Plan was approved. The tabulation of votes on this matter was as follows: For Against Abstain Broker Non-Votes 7,462,346 3,216,931 50,102 4,376,160”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Advisory vote to approve the compensation of named executive officers at the 2026-05-21 meeting.
“Proposal 3: The advisory vote to approve the compensation of Everspin’s named executive officers was approved. The tabulation of votes on this matter was as follows: For Against Abstain Broker Non-Votes 10,374,156 215,571 139,652 4,376,160”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-21 meeting.
“Proposal 2: The appointment of Ernst & Young LLP as Everspin’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified. The tabulation of votes on this matter was as follows: For Against Abstain Broker Non-Votes 15,056,251 35,168 14,120 —”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Election of seven directors at the 2026-05-21 meeting.
“Proposal 1: Each of the seven directors proposed by Everspin for election was elected by the following votes to serve until Everspin’s 2027 Annual Meeting of Stockholders and until his or her respective successor has been duly elected and qualified.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the second quarter of 2026 results: revenue total revenue in a range of $15.5 million to $16.5 million, EPS GAAP net loss per share to be between ($0.12) and $(0.07). Guidance initiated.
“For the second quarter of 2026, Everspin expects total revenue in a range of $15.5 million to $16.5 million and GAAP net loss per share to be between ($0.12) and $(0.07).”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the first quarter ended March 31, 2026 results: revenue $14.9 million, net income net loss of $0.3 million, EPS $(0.01) per diluted share.
“the Art (SOTA) MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers.” First Quarter 2026 Results • Total revenue of $14.9 million, compared to $13.1 million in the first quarter of 2025. • MRAM product sales, which include both Toggle and STT-MRAM revenue, of $14.1 million, compared to $11.0 million in the”
Material Agreements
EVERSPIN TECHNOLOGIES INC. entered into Subcontract Number S26-03-01 and a Statement of Work with Amentum Services Inc. valued at $40,000,000 (effective 2026-04-24).
“On April 24, 2026, Everspin Technologies, Inc. (the “Company”) and Amentum Services Inc. (“Contractor”) entered into Subcontract Number S26-03-01 and a Statement of Work (collectively, the “Agreement”), structured as an IDIQ Subcontract with Firm Fixed Price Task Orders, in connection with the Microelectronics Research, Development, Test, and Evaluation (“RDT&E”) program under Prime Contract Number FA8075-18-D-0014”
Material Agreements
EVERSPIN TECHNOLOGIES INC. entered into Foundry Services Agreement with Microchip Technology valued at Estimated total reimbursement of approximately $13.95 million in two phases for costs; minimum purch (effective 2026-04-08).
“On April 8, 2026, Everspin Technologies, Inc. (the “Company”) and Microchip Technology (“Microchip”) entered into a Foundry Services Agreement (the “Agreement”). Under the Agreement, Microchip will manufacture 8-inch Magnetoresistive Random Access Memory (“MRAM”), Tunnel Magnetoresistive (“TMR”) sensor, and Spin-transfer Torque (“STT”) MRAM wafers for the Company at Microchip’s Fab 4 facility located in Gresham, Oregon.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the fourth quarter and full year ended December 31, 2025 results: revenue $14.8 million, net income $1.2 million, EPS $0.05 per diluted share. Guidance reaffirmed.
“we had 238 design wins, up from 178 in the prior year. These design wins are expected to ramp to production in 2026 and 2027.” Fourth Quarter 2025 Results • Total revenue of $14.8 million, compared to $13.2 million in the fourth quarter of 2024. • MRAM product sales, which include both Toggle and STT-MRAM revenue, of $13.5 million, compared to $11.0 million in the”
William Cooper was appointed as Chief Financial Officer at EVERSPIN TECHNOLOGIES INC..
“Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Appointment of Chief Financial Officer Effective January 6, 2025 (the “Appointment Date”), Everspin Technologies, Inc. (the “Company”) appointed William Cooper to serve as the Company’s Chief Financial Officer (“CFO”).”
Matthew Tenorio was appointed as interim Chief Financial Officer at EVERSPIN TECHNOLOGIES INC..
“On July 18, 2024, the Company announced that Matthew Tenorio has been appointed to serve as interim Chief Financial Officer (“Interim CFO”) of the Company, effective July 18, 2024, while the Company conducts a search for its next Chief Financial Officer.”
Anuj Aggarwal resigned as Chief Financial Officer at EVERSPIN TECHNOLOGIES INC..
“On July 12, 2024, Anuj Aggarwal, Chief Financial Officer of Everspin Technologies, Inc. (the “Company”), notified the Company of his decision to resign effective July 26, 2024 to pursue another opportunity.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported first quarter ended March 31, 2024 results: revenue $14.4 million, net income GAAP net loss of $0.2 million, or $(0.01) per diluted share, EPS $(0.01) per diluted share.
“expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Everspin Reports Unaudited First Quarter 2024 Financial Results Q1’24 revenue of $14.4 million near high end of guidance range Chandler, AZ, May 1, 2024 — Everspin Technologies, Inc. (NASDAQ: MRAM), the world’s leading developer and manufacturer of magnetoresistive”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
“On February 28, 2024, Everspin Technologies, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2023, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the third quarter ended September 30, 2023 results: revenue $16.5 million, net income $2.4 million, EPS $0.11 per diluted share.
“by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- Everspin Reports Unaudited Third Quarter 2023 Financial Results Revenue rose 8% year over year to $16.5 million, exceeding guidance. Net income increased 27.8% year over year to $2.4 million. Chandler, AZ, November 1, 2023 — Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported second quarter ended June 30, 2023 results: revenue $15.7 million, net income $3.9 million, EPS $0.19 per basic share. Guidance reaffirmed.
“preliminary unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights · Q2’23 revenue exceeded the top end of guidance at $15.7 million. · The company reported net income of $3.9 million for Q2’23 compared to $0.8 million for Q1’23. · Adjusted EBITDA for Q2’23 was $5.4 million compared to $2.3 million for Q1’23.”
Governance Changes
EVERSPIN TECHNOLOGIES INC.: Added Article IX limiting officer personal liability for monetary damages for breach of fiduciary duty to the fullest extent permitted under DGCL (effective 2023-05-25).
“Certificate of Amendment to its Amended and Restated Certificate of Incorporation, which added a new Article IX to its Amended and Restated Certificate of Incorporation to read as follows: “ IX . No officer of the Company shall have any personal liability to the Company or its stockholders for monetary damages for any breach of fiduciary duty as an officer, except to the extent such exemption from liability or limitation thereof is not permitted under the DGCL as the same exists or hereafter may be amended.”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Amendment to Amended and Restated Certificate of Incorporation to limit liability of certain officers as permitted by DGCL at the 2023-05-23 meeting.
“Proposal 4: The amendment of the Everspin Technologies, Inc. Amended and Restated Certificate of Incorporation to limit the liability of certain officers of Everspin as permitted pursuant to recent amendments to the Delaware General Corporation Law, as described in the proxy statement, was approved.”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Advisory vote to approve compensation of named executive officers (say-on-pay) at the 2023-05-23 meeting.
“Proposal 3: The advisory vote to approve the compensation of Everspin’s named executive officers was approved.”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-05-23 meeting.
“Proposal 2: The appointment of Ernst & Young LLP as Everspin’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified.”
Shareholder Votes
EVERSPIN TECHNOLOGIES INC. shareholders approved Election of six directors at the 2023-05-23 meeting.
“Proposal 1: Each of the six directors proposed by Everspin for election was elected by the following votes to serve until Everspin’s 2024 Annual Meeting of Stockholders or until his or her respective successor has been elected and qualified.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the first quarter ended March 31, 2023 results: revenue $14.8 million, net income $0.8 million, EPS $0.04 per basic share. Guidance reaffirmed.
“announced preliminary unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights ● Q1’23 revenue came in at the top end of guidance at $14.8 million. ● The company reported net income of $0.8 million for Q1’23, compared to $0.6 million for Q4’22. ● Adjusted EBITDA for Q1’23 was $2.3 million, compared to $2.1 million for”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the first quarter of 2023 results: revenue $14.1 million to $14.8 million, net income between breakeven and $0.05 per basic share. Guidance initiated.
“Business Outlook For the first quarter 2023, Everspin is confident in its future opportunities and ability to navigate macroeconomic challenges. Everspin expects total revenue in a range of $14.1 million to $14.8 million. Everspin expects GAAP net income per basic share to be between breakeven and $0.05”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the fourth quarter ended December 31, 2022 results: revenue $15.7 million, net income $0.6 million, EPS $0.03 per basic share. Guidance initiated.
“Total revenue for the fourth quarter of 2022 was $15.7 million, an increase of 3% from the $15.2 million reported in the third quarter of 2022. This is compared to $18.2 million of revenue in the fourth quarter of 2021 that was driven by $4.0 million recognized as revenue in the fourth quarter 2021 related to a one-time patent sale. MRAM product sales in the fourth quarter of 2022, which includes both Toggle and STT-MRAM revenue, was $14.6 million in the fourth quarter of 2022, and remained consistent with the third quarter of 2022. This is an increase of 15% compared to $12.6 million in the fourth quarter of 2021. Licensing, Royalties, Patents and Other revenue in the fourth quarter of 2022 was $1.1 million compared to $0.7 million in the third quarter of 2022 and $5.6 million in the fourth quarter of 2021. The increase in total revenue for the fourth quarter of 2022 compared to the third quarter of 2022 was due to strong toggle demand and sales along with $0.3 million in revenue from”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the full year ended December 31, 2022 results: revenue $60.0 million, net income $6.1 million, EPS $0.30. Guidance initiated.
“● 2022 full year revenue increased $4.9 million, or 9%, to $60.0 million from $55.1 million in the prior year. ● Q4’22 revenue increased $0.5 million, or 3%, to $15.7 million from $15.2 million for Q3’22. ● Everspin reported record net income for 2022 of $6.1 million, this is an increase of $1.8 million, or 41% from net income for 2021 of $4.3 million. ● Adjusted EBITDA for 2022 improved to $11.8 million, compared to $9.6 million for 2021. ● Basic EPS for 2022 was $0.30 compared to $0.22 in 2021.”
Earnings Releases
EVERSPIN TECHNOLOGIES INC. reported the third quarter of 2022 results: revenue $15.2 million, net income $1.9 million, EPS $0.09 per basic share.
“MRAM, today announced preliminary unaudited financial results for the third quarter of 2022. Third Quarter 2022 Highlights ● Q3’22 revenue increased $0.5 million, or 4%, to $15.2 million from $14.7 million for Q2’22. Q3’22 revenue increased $0.4 million, or 3% from $14.8 million in Q3’21. ● The Company reported net income of $1.9 million for Q3’22, compared to”
Darrin Billerbeck changed role as Chairman of the Board at EVERSPIN TECHNOLOGIES INC..
“On November 8, 2022, Darrin Billerbeck, the Executive Chairman of the Board of the Board of Directors of Everspin Technologies, Inc., transitioned from Executive Chairman of the Board back to Chairman of the Board.”
Michael B. Gustafson departed as member of the Board at EVERSPIN TECHNOLOGIES INC..
“Michael B. Gustafson informed the Company of his decision not to stand for re-election to the Board at the Company's 2022 annual meeting of stockholders currently expected to be scheduled for May 25, 2022.”
Darin Billerbeck resigned as Interim Chief Executive Officer at EVERSPIN TECHNOLOGIES INC..
“Effective March 14, 2022, Mr. Billerbeck will resign as the Company’s Interim Chief Executive Officer and will continue to serve as the Company’s Executive Chairman of the Board.”
Sanjeev Aggarwal was elected as Director at EVERSPIN TECHNOLOGIES INC..
“On February 28, 2022, the Board also elected Mr. S. Aggarwal as a member of the Board, effective March 14, 2022.”
Sanjeev Aggarwal was appointed as President and Chief Executive Officer at EVERSPIN TECHNOLOGIES INC..
“On February 28, 2022, the Company’s Board of Directors (the “Board”) appointed Sanjeev Aggarwal as the Company’s President and Chief Executive Officer, effective March 14, 2022.”
Geoffrey R. Tate resigned as Director at EVERSPIN TECHNOLOGIES INC..
“On November 7, 2021, Geoffrey R. Tate informed the Company of his resignation from the Company’s board of directors (the “Board”), effective November 8, 2021, due to the time demands of Flex Logix Technologies, Inc., where he serves as its Chief Executive Officer.”
Anuj Aggarwal was appointed as Chief Financial Officer at EVERSPIN TECHNOLOGIES INC..
“On September 3, 2021, Everspin Technologies, Inc. (the “Company”) announced that the Company’s board of directors has appointed Anuj Aggarwal as the Company’s Chief Financial Officer, effective immediately.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.