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
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Statements of Cash Flows
(In thousands)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net (loss) income | $(586) | $781 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 3,212 | 1,731 |
| Gain on sale of property and equipment | (25) | — |
| Stock-based compensation | 5,776 | 6,713 |
| Changes in operating assets and liabilities: | ||
| Accounts receivable | 3,621 | (168) |
| Inventory | (1,624) | (719) |
| Prepaid expenses and other current assets | (605) | (284) |
| Other assets | 360 | (492) |
| Accounts payable | (501) | (374) |
| Accrued liabilities | 806 | (1,939) |
| Deferred revenue | (78) | (258) |
| Contract obligations | (562) | 2,034 |
| Lease liabilities, net | 60 | 74 |
| Long-term income tax liability | 106 | — |
| Net cash provided by operating activities | 9,960 | 7,099 |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (6,838) | (3,049) |
| Purchases of intangible assets | (1,836) | (11) |
| Net cash used in investing activities | (8,674) | (3,060) |
| Cash flows from financing activities | ||
| Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan | 1,134 | 1,178 |
| Payments on finance leases | (67) | (66) |
| Net cash provided by financing activities | 1,067 | 1,112 |
| Net increase in cash and cash equivalents | 2,353 | 5,151 |
| Cash and cash equivalents at beginning of period | 42,097 | 36,946 |
| Cash and cash equivalents at end of period | $44,450 | $42,097 |
| Supplementary cash flow information: | ||
| Cash paid for taxes | $38 | $202 |
| Operating cash flows paid for operating leases | $1,415 | $1,399 |
| Financing cash flows paid for finance leases | $67 | $66 |
| Non-cash investing and financing activities: | ||
| Internal-use software asset obtained in exchange for software liabilities | $— | $3,564 |
| Right-of-use assets obtained in exchange for finance lease liabilities | $— | $297 |
| Purchases of property and equipment in accounts payable and accrued liabilities | $3,982 | $182 |
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