Netlist Stock Price, News & Analysis

Netlist (OTCQB:NLST) has scheduled its second quarter 2025 financial results announcement and conference call. The company will release its Q2 2025 results on Thursday, August 7, 2025, before 9:30 a.m. Eastern Time.

A conference call will follow at 12:00 p.m. Eastern Time the same day. Participants can pre-register for immediate access or join by dialing +1 (412) 317-5443 and requesting the "Netlist Conference Call." A live webcast and replay will be available on the company's investor relations website.

Netlist (OTCQB:NLST) has expanded its legal actions against Samsung and Micron by amending complaints filed in the U.S. District Court for the Eastern District of Texas. The company has added its U.S. Patent No. 10,025,731 to the existing litigation involving U.S. Patent No. 12,308,087, targeting DDR5 DIMM and High-Bandwidth Memory (HBM) products respectively.

The patents cover critical technologies for AI computing, with projected annual U.S. revenues of $25 billion each for Samsung and Micron by 2031 in HBM, and $65 billion in DDR5 DIMM by 2029. Notably, Netlist has previously secured $866 million in damages from Samsung and Micron for willful patent infringement over the past two years.

Netlist (OTCQB:NLST) has announced a $12.0 million registered direct offering of common stock and warrants. The company will sell 17,142,860 shares at $0.70 per share, with investors receiving warrants to purchase up to two additional shares for each share purchased.

CEO Chun K. Hong has committed to purchase $3.0 million of the offering. The warrants will have an exercise price of $0.70 per share, be immediately exercisable, and expire in five years. The offering, managed by Roth Capital Partners, is expected to close around June 25, 2025. Proceeds will be used for general corporate purposes and working capital.

Netlist (NLST) has strengthened its Board of Directors with the appointment of two independent members, Jun S. Cho and Blake Welcher, effective June 20, 2025. Jun Cho brings extensive experience in technology licensing and international business from his role as VP and General Counsel for Stellantis NV's India Asia Pacific Region, along with background in international financing from prestigious law firms. Blake Welcher, currently a Strategic Board Member at Curbit, contributes significant expertise in legal and licensing operations from his previous roles at Revolution Prep, PSI Services, and notably as Executive VP of Legal & Licensing at DTS, Inc. Both appointments align with Netlist's focus on product development and intellectual property initiatives.

Netlist (OTCQB:NLST) has secured a final court order upholding a $445 million damages award against Micron Technology in a patent infringement case. The United States District Court for the Eastern District of Texas denied Micron's post-trial motions, confirming the jury's May 2024 verdict that found Micron willfully infringed Netlist's patented technologies. The award represents reasonable royalties for infringement periods spanning April 2021 to May 2024 for the '912 patent and August 2021 to May 2024 for the '417 patent. The case centered on Netlist's intellectual property related to HBM and AI memory technologies, with CEO C.K. Hong emphasizing the significant value of their IP portfolio as reflected in the substantial award for a limited damages period.

Netlist (OTCQB:NLST) reported its Q1 2025 financial results with revenue of $29.0 million, down from $35.8 million in Q1 2024. The company's operating expenses decreased by 39% to $11.1 million compared to $18.1 million in the previous year. Gross profit improved to $1.3 million from $0.7 million year-over-year.

The company reported a net loss of ($9.5) million, or ($0.03) per share, an improvement from the ($17.0) million loss, or ($0.07) per share, in Q1 2024. As of March 29, 2025, Netlist had $25.6 million in cash and cash equivalents, with total assets of $32.4 million. However, the company faces a working capital deficit of ($15.0) million and stockholders' deficit of ($13.7) million.

Netlist (OTCQB:NLST) has scheduled its first quarter 2025 financial results announcement and conference call. The company will release its financial performance for Q1 ending March 29, 2025, before 9:30 a.m. Eastern Time on Tuesday, May 6, 2025.

A conference call is scheduled for 12:00 p.m. Eastern Time on the same day. To streamline access, participants are encouraged to pre-register and receive a unique PIN for immediate call access. Those who haven't pre-registered can join by dialing +1 (412) 317-5443 and requesting the "Netlist Conference Call."

Investors can access both a live webcast and archived replay of the call through the Investor's section of Netlist's website at www.netlist.com.

Netlist (NLST) reported its full year and fourth quarter 2024 financial results. Annual revenue surged 113% to $147.1 million from $69.2 million in 2023, while gross profit increased 21% to $2.9 million. The company secured significant legal victories, winning patent infringement trials against Micron and Samsung with total damages awarded of $866 million.

Q4 2024 performance showed mixed results with revenue of $34.3 million compared to $33.4 million in Q4 2023, while gross profit decreased to $0.3 million from $1.2 million. The company reported a net loss of $12.7 million ($0.05 per share) in Q4 2024 and $53.8 million ($0.21 per share) for the full year. As of December 28, 2024, Netlist had $34.6 million in cash and cash equivalents, with total assets of $41.8 million and a working capital deficit of $7.3 million.

Netlist (OTCQB:NLST) has secured a unanimous jury verdict against Samsung in the Federal District Court for the Central District of California. The jury found that Samsung materially breached the Joint Development and License Agreement signed in November 2015, confirming Samsung does not have a license to Netlist's patent portfolio.

The verdict follows two previous successful patent infringement cases against Samsung, where Netlist was awarded damages of $303 million in April 2023 and $118 million in November 2024, totaling $421 million in damages to date. As the world's largest memory manufacturer, Samsung faces significant exposure due to its tens of billions of dollars in annual memory revenue.