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EVERSPIN TECHNOLOGIES INC

For the period ended Sep 30, 2024. Filed Nov 5, 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.

Sep 30, 2024 · Filed Nov 5, 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 Statements​
​​Condensed Balance Sheets as of September 30, 2024 (unaudited) and December 31, 20233
​​Condensed Statements of Operations and Comprehensive (Loss) Income for the three and nine months ended September 30, 2024 and 2023 (unaudited)4
​​Condensed Statements of Stockholders’ Equity for the three and nine months ended September 30, 2024 and 2023 (unaudited)5
​​Condensed Statements of Cash Flows for the nine months ended September 30, 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 Operations16
Item 3.​Quantitative and Qualitative Disclosures About Market Risk24
Item 4.​Controls and Procedures24
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​​PART II—OTHER INFORMATION​
Item 1.​Legal Proceedings25
Item 1A.​Risk Factors25
Item 2.​Unregistered Sales of Equity Securities and Use of Proceeds41
Item 3.​Defaults Upon Senior Securities41
Item 4.​Mine Safety Disclosures41
Item 5.​Other Information41
Item 6.​Exhibits42
EXHIBIT INDEX42
SIGNATURES44

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.