EVERSPIN TECHNOLOGIES INC.
For the period ended Dec 31, 2025. Filed Mar 4, 2026.
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FY2025 · Filed Mar 4, 2026
MRAM$12.71-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Statements of Operations and Comprehensive (Loss) Income
(In thousands, except share and per share amounts)
| Year Ended December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Product sales | $48,292 | $42,203 |
| Licensing, royalty, patent, engineering services and other revenue | 6,910 | 8,199 |
| Total revenue | 55,202 | 50,402 |
| Cost of product sales | 25,938 | 22,812 |
| Cost of licensing, royalty, patent, engineering services and other revenue | 1,022 | 1,464 |
| Total cost of sales | 26,960 | 24,276 |
| Gross profit | 28,242 | 26,126 |
| Operating expenses: | ||
| Research and development | 14,085 | 13,686 |
| General and administrative | 14,552 | 14,141 |
| Sales and marketing | 6,113 | 5,390 |
| Total operating expenses | 34,750 | 33,217 |
| Loss from operations | (6,508) | (7,091) |
| Interest income | 1,646 | 1,766 |
| Other income, net | 4,405 | 6,066 |
| Net (loss) income before income taxes | (457) | 741 |
| Income tax (expense) benefit | (129) | 40 |
| Net (loss) income and comprehensive (loss) income | $(586) | $781 |
| Net (loss) income per common share: | ||
| Basic | $(0.03) | $0.04 |
| Diluted | $(0.03) | $0.04 |
| Weighted average shares of common stock outstanding: | ||
| Basic | 22,568,253 | 21,642,793 |
| Diluted | 22,568,253 | 22,156,420 |
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