Skip to content
Baker Capital StrategiesMARKETS. FILINGS. PERSPECTIVE.
Powered by THEMA

Baker Capital Strategies

Free Registration

Register for access to news, tools, alerts and reports.

THEMA Basic included at launch.

Use at least 8 characters.

Company research

zSpace, Inc.

CIK 1637147Updated Sep 24, 2026

ZSPC price & chart

Provider market data

Loading TradingView…

OTC:ZSPC on TradingView ↗

TradingView · Data may be delayed

About the company

zSpace, Inc. (OTC: ZSPC) delivers innovative augmented and virtual reality (AR/VR) experiences that drive achievement in STEM, CTE, and career readiness programs. Trusted by over 3,500 school districts, technical centers, community colleges, and universities, zSpace enables hands-on "learning by doing" experiences proven to improve engagement and student outcomes. Headquartered in San Jose, California, zSpace holds more than 80 patents, with research published in the Journal of Computer Assisted Learning (2021) validating the impact of 3D virtual reality technologies on student knowledge gains.

8-K · 2026-09-15 · 0001104659-26-107972

Company description from the cited filing.

In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue27,858,000USD · FY 2025
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

Net income-25,388,000USD · FY 2025
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

Cash · FY 2025
Operating income-22,141,000USD · FY 2025
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

Diluted EPS-1.01USD per share · FY 2025
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024
ASSETS
AssetsUSD7,586,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

13,532,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Property, Plant and Equipment, NetUSD37,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

21,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Current assets:
Accounts Receivable, after Allowance for Credit Loss, CurrentUSD1,438,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

3,176,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Inventory, NetUSD2,404,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

3,238,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Assets, CurrentUSD6,485,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

12,933,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2024-12-31

Prepaid Expense and Other Assets, CurrentUSD1,622,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

1,655,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2024-12-31

Other Assets, NoncurrentUSD83,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

LIABILITIES AND EQUITY
LiabilitiesUSD30,094,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

28,220,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Stockholders’ equity:
Additional Paid in CapitalUSD293,137,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

275,383,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Retained Earnings (Accumulated Deficit)USD-315,788,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

-290,400,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Accumulated Other Comprehensive Income (Loss), Net of TaxUSD143,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

329,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Stockholders' Equity Attributable to ParentUSD-22,508,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

-14,688,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Liabilities and EquityUSD7,586,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

13,532,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Current liabilities:
Liabilities, CurrentUSD17,311,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

20,892,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Accounts Payable, CurrentUSD4,081,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

5,656,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Additional Financial Items
Deferred Tax Liabilities, NetUSD0
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

0
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2024-12-31

Long-term Debt, Current MaturitiesUSD7,604,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

3,562,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Long-term Debt, Excluding Current MaturitiesUSD10,109,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

6,191,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-25,388,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-20,823,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Share-based Payment Arrangement, Noncash ExpenseUSD7,120,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

7,735,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD-1,647,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-1,864,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Increase (Decrease) in InventoriesUSD-652,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

105,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Increase (Decrease) in Accounts PayableUSD-1,575,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

921,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-17,969,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-8,874,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Cash flows from investing activities:
Net Cash Provided by (Used in) Investing ActivitiesUSD-26,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-13,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Cash flows from financing activities:
Net Cash Provided by (Used in) Financing ActivitiesUSD14,382,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

10,482,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD-3,843,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

1,736,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD1,021,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

As of 2025-12-31

4,864,000
Source

10-Q · 2025-05-14 · 0001558370-25-007754

As of 2024-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD579,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

1,704,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD-230,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

141,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD7,120,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

7,735,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

DepreciationUSD10,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

12,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Gain (Loss) on Extinguishment of DebtUSD-359,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD13,872,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

12,419,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD14,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

34,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

InterestExpenseNonoperatingUSD1,478,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

2,815,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Inventory Write-downUSD227,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

402,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-25,388,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-20,823,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-25,388,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

22,524,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Operating ExpensesUSD35,402,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

33,227,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Other Nonoperating Income (Expense)USD190,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

43,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Proceeds from Stock Options ExercisedUSD157,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

34,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024
Total RevenueUSD27,858,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

38,098,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Cost of Goods and Services Sold
Operating Income (Loss)USD-22,141,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-17,658,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Other Nonoperating Income (Expense)USD190,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

43,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD-25,374,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-20,789,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Income Tax Expense (Benefit)USD14,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

34,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Net Income (Loss) Attributable to ParentUSD-25,388,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

-20,823,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Earnings Per Share, BasicUSD per share-1.01
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

13.03
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Earnings Per Share, DilutedUSD per share-1.01
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

1.03
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Basicshares25,039,431
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

1,728,127
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares25,039,431
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

23,127,693
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Interest Expense (non-operating)USD1,478,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

2,815,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Additional Financial Items
Current Income Tax Expense (Benefit)USD14,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

34,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

General and Administrative ExpenseUSD13,872,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

12,419,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Gross ProfitUSD13,261,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

15,569,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Net Income (Loss) Available to Common Stockholders, BasicUSD-25,388,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

22,524,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Operating ExpensesUSD35,402,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

33,227,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Research and Development ExpenseUSD5,298,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

4,893,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Selling and Marketing ExpenseUSD16,232,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2025-01-01 to 2025-12-31

15,915,000
Source

10-K · 2026-03-30 · 0001104659-26-036940

2024-01-01 to 2024-12-31

Lines labelled “Derived” are calculated from reported figures.

Filing attachments

tm2625490d1_ex99-1.htm · 8-K · 2026-09-15

EX-99.1 2 tm2625490d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 zSpace, Inc. Announces Intention to Voluntarily Delist from Nasdaq and Deregister Its Common Stock with the SEC Delisting of Common Stock Expected to Become Effective October 5, 2026 SAN JOSE, Calif. - September 15, 2026 - zSpace, Inc. (“zSpace” or the “Company”) (OTC: ZSPC) announces its intention to voluntarily delist its common stock from The Nasdaq Stock Market LLC (“Nasdaq”) and to deregister its common stock under Section 12

8-K · 2026-09-15 · 0001104659-26-107972

Read attachment ↗
zspc-20260813xex99d1.htm · 8-K · 2026-08-13

EX-99.1 2 zspc-20260813xex99d1.htm EX-99.1 Exhibit 99.1 zSpace Reports Second Quarter 2026 Financial Results Margin Expansion Drives Profitability; Strategic Alternatives Review Remains Ongoing SAN JOSE, Calif., August 13, 2026 - zSpace, Inc. (OTC: ZSPC) (“zSpace” or the “Company”), a leading provider of augmented and virtual reality (AR/VR) solutions for education and workforce development, is announcing its financial results for the three and six months ended June 30, 2026. “Our second

8-K · 2026-08-13 · 0001104659-26-095890

Read attachment ↗
zspc-20260514xex99d1.htm · 8-K · 2026-05-14

EX-99.1 2 zspc-20260514xex99d1.htm EX-99.1 Exhibit 99.1 zSpace Reports First Quarter 2026 Financial Results Board of Directors Launches Strategic Alternatives Review to Unlock Shareholder Value SAN JOSE, Calif., May 14, 2026 - zSpace, Inc. (OTC: ZSPC) (“zSpace” or the “Company”), a leading provider of augmented and virtual reality (AR/VR) solutions for education and workforce development, is announcing its financial results for the three months ended March 31, 2026. “Our first quarter re

8-K · 2026-05-14 · 0001104659-26-061231

Read attachment ↗
tm2611847d1_ex99-1.htm · 8-K · 2026-04-17

EX-99.1 3 tm2611847d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 zSpace Announces 1-for-25 Reverse Stock Split SAN JOSE, CA, April 17, 2026 - zSpace, Inc. (NASDAQ: ZSPC) (“zSpace” or the “Company”), a leading provider of augmented and virtual reality (AR/VR) solutions for education and workforce development, intends to implement a 1-for-25 reverse stock split of its common stock, par value $0.00001 per share (the “Common Stock”) with trading to begin on a split-adjusted basis at the market open

8-K · 2026-04-17 · 0001104659-26-044637

Read attachment ↗
zspc-20260330xex99d1.htm · 8-K · 2026-03-30

EX-99.1 2 zspc-20260330xex99d1.htm EX-99.1 Exhibit 99.1 zSpace Reports Fourth Quarter and Full Year 2025 Financial Results SAN JOSE, Calif., March 30, 2026 - zSpace, Inc. (NASDAQ: ZSPC) (“zSpace” or the “Company”), a leading provider of augmented and virtual reality (AR/VR) solutions for education, is announcing its financial results for the three and twelve months ended December 31, 2025. “Our fourth quarter results reflect continued progress against our strategic priorities and our focu

8-K · 2026-03-30 · 0001104659-26-036812

Read attachment ↗