EVERSPIN TECHNOLOGIES INC.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
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FY2025 · Filed Mar 4, 2026
MRAM$11.74+9.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
(In thousands, except share and per share amounts)
| December 31,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $44,450 | $42,097 |
| Accounts receivable, net | 8,101 | 11,722 |
| Inventory | 10,734 | 9,110 |
| Prepaid expenses and other current assets | 1,877 | 1,272 |
| Total current assets | 65,162 | 64,201 |
| Property and equipment, net | 14,140 | 3,220 |
| Intangible assets, net | 1,714 | 3,416 |
| Right-of-use assets | 3,251 | 4,549 |
| Other assets | 342 | 2,403 |
| Total assets | $84,609 | $77,789 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $5,180 | $2,278 |
| Accrued liabilities | 3,651 | 2,449 |
| Deferred revenue | — | 78 |
| Lease liabilities, current portion | 1,381 | 1,306 |
| Contract obligations | 1,472 | 2,034 |
| Software liabilities, current portion | 1,769 | 1,769 |
| Total current liabilities | 13,453 | 9,914 |
| Lease liabilities, net of current portion | 1,956 | 3,336 |
| Software liabilities, net of current portion | 15 | 1,784 |
| Long-term income tax liability | 268 | 162 |
| Total liabilities | $15,692 | $15,196 |
| Commitments and contingencies (Note 5) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.0001 par value per share; 5,000,000 shares authorized; no shares issued and outstanding as of December 31, 2025 and 2024, respectively | — | — |
| Common stock, $0.0001 par value per share; 100,000,000 shares authorized; 22,977,797 and 22,059,697 shares issued and outstanding as of December 31, 2025 and 2024, respectively | 2 | 2 |
| Additional paid-in capital | 206,370 | 199,460 |
| Accumulated deficit | (137,455) | (136,869) |
| Total stockholders’ equity | 68,917 | 62,593 |
| Total liabilities and stockholders’ equity | $84,609 | $77,789 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.