Welcome to our dedicated page for Netlist news (Ticker: NLST), a resource for investors and traders seeking the latest updates and insights on Netlist stock.
Netlist, Inc. (NLST) designs high-performance memory subsystems that address critical challenges in enterprise computing and AI infrastructure. This page serves as the definitive source for official company announcements, financial updates, and technology developments.
Access real-time press releases, earnings reports, and strategic partnership announcements to stay informed about Netlist's patented innovations in modular memory solutions. Our curated collection ensures you never miss critical updates on product launches, intellectual property milestones, or industry recognition.
Bookmark this page for streamlined access to verified information about NLST's advancements in DDR technology and memory architecture. Regular updates provide insights into how the company continues to shape next-generation computing solutions through its engineering expertise and quality-certified manufacturing processes.
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 (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.
Netlist (OTCQB:NLST) has scheduled its fourth quarter and full year 2024 financial results announcement for March 27, 2025. The company will release its financial results before 9:30 a.m. Eastern Time, followed by a conference call at 12:00 p.m. Eastern Time on the same day.
Participants can pre-register for the conference call to receive a unique PIN for immediate access. Alternatively, those who haven't pre-registered can join by dialing +1 (412) 317-5443 and requesting the "Netlist Conference Call." A live webcast and archived replay will be available in the Investor's section of Netlist's website.
Netlist (OTCQB:NLST) has secured a significant legal victory against Samsung as the United States Court of Appeals for the Federal Circuit (CAFC) affirmed the U.S. Patent Trial and Appeal Board's (PTAB) decision upholding the validity of Netlist's U.S. Patent No. 10,217,523 ('523 Patent). This patent is particularly relevant to DDR4 LRDIMM technology.
The ruling follows Samsung's preemptive declaratory judgment action and could expose Samsung to significant liability due to potentially infringing sales of DDR4 LRDIMM products worth billions of dollars. A related case in the U.S. District Court for the District of Delaware remains stayed pending developments in other courts regarding the Joint Development and License Agreement (JDLA). A jury trial for the JDLA case is scheduled for March 18, 2025, in the U.S. District Court for the Central District of California.
Netlist (NLST) has announced its participation in the 27th Annual Needham Growth Conference, scheduled for January 14-17, 2025. The company will engage in one-on-one meetings throughout the conference duration. This prestigious growth-focused investment conference, taking place in early 2025, provides Netlist an opportunity to connect directly with potential investors and industry participants.