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zSpace, Inc.
(NASDAQ:ZSPC)
zSpace, Inc. (ZSPC) vs. SPDR S&P 500 ETF (SPY)
zSpace, Inc. Business Overview & Revenue Model
zSpace, Inc. Earnings Call Summary
zSpace, Inc. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 31.55M | 38.10M | 43.92M | 35.78M |
| Gross Profit | 14.35M | 15.57M | 16.89M | 13.13M |
| EBITDA | -19.96M | -17.96M | -10.10M | -11.38M |
| Net Income | -21.73M | -20.82M | -13.04M | -15.17M |
Balance Sheet | ||||
| Total Assets | 13.46M | 13.53M | 13.85M | 18.21M |
| Cash, Cash Equivalents and Short-Term Investments | 4.27M | 4.86M | 2.82M | 4.06M |
| Total Debt | 10.96M | 11.96M | 19.07M | 44.50M |
| Total Liabilities | 33.14M | 28.22M | 144.32M | 65.68M |
| Stockholders Equity | -19.68M | -14.69M | -130.47M | -47.47M |
Cash Flow | ||||
| Free Cash Flow | -19.07M | -8.89M | -6.42M | -8.91M |
| Operating Cash Flow | -19.05M | -8.87M | -6.41M | -8.90M |
| Investing Cash Flow | -26.00K | -13.00K | -5.00K | -11.00K |
| Financing Cash Flow | 20.16M | 10.48M | 5.59M | 6.94M |
zSpace, Inc. Technical Analysis
zSpace, Inc. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | $43.60M | -5.01 | -23.00% | ― | 8.27% | -308.63% | |
47 Neutral | $8.35M | -2.81 | -17.53% | ― | -13.01% | -65.20% | |
43 Neutral | $36.74M | -4.41 | -9.78% | ― | -20.03% | -485.19% | |
41 Neutral | $22.25M | ― | -7.04% | ― | 154.52% | 47.31% | |
41 Neutral | $55.81M | -0.08 | -110.92% | ― | -6.34% | 98.60% | |
38 Underperform | $14.61M | ― | ― | ― | -24.20% | 1.31% |
zSpace, Inc. Corporate Events
On December 11, 2025, zSpace, Inc. received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement, as its stock price had fallen below $1.00 for 30 consecutive business days. The company has until June 9, 2026, to regain compliance or face potential delisting, and it is actively monitoring its stock price while evaluating options to meet Nasdaq’s criteria. Additionally, as part of a restructuring initiative, zSpace reduced its board size from seven to five directors, with Angela Prince and Pankaj Gupta stepping down on December 9, 2025, without any disputes. The board also adjusted its committee sizes and leadership roles accordingly.
On November 25, 2025, zSpace, Inc. received a notice from Nasdaq indicating non-compliance with the requirement to maintain a minimum market value of listed securities of $35 million. The company has until May 26, 2026, to regain compliance by achieving a market value of $35 million or more for at least 10 consecutive business days. Failure to comply may lead to delisting, although the company can appeal. zSpace, Inc. is actively monitoring its market value and evaluating options to meet Nasdaq’s listing criteria.
zSpace, Inc. reported its financial results for the third quarter of 2025, highlighting a focus on strategic priorities and software revenue growth, which now comprises over 50% of total revenue. Despite a decrease in total revenue to $8.8 million from $14.2 million in the previous year, the company saw a gross margin expansion of over 640 basis points. Key developments include the deployment of AR/VR learning platforms in Danbury Public Schools and a partnership with GEMS Education in Dubai, expanding zSpace’s global reach. The company continues to face macroeconomic challenges and funding uncertainty but remains committed to delivering innovative learning solutions and long-term shareholder value.
On October 20, 2025, zSpace, Inc. announced the transfer of its common stock listing from the Nasdaq Global Market to the Nasdaq Capital Market, effective October 16, 2025. This strategic move allowed zSpace to regain compliance with Nasdaq’s listing requirements, aligning better with its business profile and growth-stage status. The transfer is expected to provide a solid foundation for sustained compliance and support the company’s growth initiatives, including international expansion and the success of its Career Coach AI platform.
On October 15, 2025, zSpace, Inc. amended its Senior Secured Convertible Note with an institutional investor, reducing the ‘Floor Price’ of its common stock from $1.98 to $0.60 per share and adjusting other equity conditions. This amendment could potentially impact the company’s financial flexibility and stock performance. Additionally, the company held its 2025 annual meeting of stockholders, where all five proposals, including the election of directors and ratification of the audit firm, were approved, reflecting strong shareholder support and potentially influencing future governance and operational strategies.
On October 1, 2025, zSpace, Inc. received a notice from Nasdaq indicating non-compliance with the requirement to maintain a minimum market value of publicly held shares of at least $15 million. The company has 180 days to regain compliance, failing which it may face delisting. zSpace, Inc. plans to monitor its market value and explore options to meet Nasdaq’s criteria, including potentially transferring to the Nasdaq Capital Market.