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EVERSPIN TECHNOLOGIES INC

For the period ended Mar 31, 2024. Filed May 2, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 2, 2024

MRAM$12.92+10.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Table of Contents

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​​PART I—FINANCIAL INFORMATION​
Item 1.​Financial Statements3
​​Condensed Balance Sheets as of March 31, 2024 (unaudited) and December 31, 20233
​​Condensed Statements of Operations and Comprehensive (Loss) Income for the three months ended March 31, 2024 and 2023 (unaudited)4
​​Condensed Statements of Stockholders’ Equity for the three months ended March 31, 2024 and 2023 (unaudited)5
​​Condensed Statements of Cash Flows for the three months ended March 31, 2024 and 2023 (unaudited)6
​​Notes to Condensed Financial Statements (unaudited)7
Item 2.​Management’s Discussion and Analysis of Financial Condition and Results of Operations15
Item 3.​Quantitative and Qualitative Disclosures About Market Risk21
Item 4.​Controls and Procedures21
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​​PART II—OTHER INFORMATION​
Item 1.​Legal Proceedings21
Item 1A.​Risk Factors21
Item 2.​Unregistered Sales of Equity Securities and Use of Proceeds38
Item 3.​Defaults Upon Senior Securities38
Item 4.​Mine Safety Disclosures38
Item 5.​Other Information38
Item 6.​Exhibits39
EXHIBIT INDEX39
SIGNATURES41

In this Quarterly Report on Form 10-Q, “we,” “our,” “us,” “Everspin Technologies,” and “the Company” refer to Everspin Technologies, Inc. The Everspin logo and other trade names, trademarks or service marks of Everspin Technologies are the property of Everspin Technologies, Inc. This report contains references to our trademarks and to trademarks belonging to other entities. Trade names, trademarks and service marks of other companies appearing in this report are the property of their respective holders. We do not intend our use or display of other companies’ trade names or trademarks to imply a relationship with, or endorsement or sponsorship of us by, any other companies.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.