Welcome to our dedicated page for IMMERSION SEC filings (Ticker: IMMR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Immersion Corporation SEC filings document its haptics licensing business, consolidated reporting for Barnes & Noble Education, and Nasdaq compliance disclosures. Recent Form 8-K reports and Form 12b-25 notices record delayed Form 10-K and Form 10-Q filings, restatement-related financial reporting work, audit committee investigation effects, and Nasdaq Listing Rule 5250(c)(1) matters.
Proxy and annual meeting filings cover director elections, auditor ratification, executive compensation advisory votes, board governance, and stockholder voting results. The company's regulatory record also addresses revenue sources from royalties, license fees, and development services, along with capital-return actions, equity structure, and material governance events.
Immersion Corporation reported a challenging quarter for the period ended July 31, 2025, as newly consolidated Barnes & Noble Education reshaped its profile. Total revenues rose to $292,032 thousand from $183,489 thousand a year earlier, driven mainly by Barnes & Noble Education’s $288,160 thousand in textbook, merchandise and rental revenue.
Immersion’s own royalty and license revenue fell sharply to $3,872 thousand from $48,425 thousand, and the combined business posted an operating loss of $26,355 thousand versus prior operating income of $13,558 thousand. Net loss attributable to Immersion stockholders was $930 thousand, or $(0.03) per diluted share, compared with net income of $27,077 thousand, or $0.83 per diluted share.
The consolidated balance sheet now shows total assets of $1,261,709 thousand, including large inventories and right‑of‑use assets from Barnes & Noble Education, and total liabilities of $715,624 thousand. Barnes & Noble Education carries $170,000 thousand of long‑term borrowings under a restated asset‑based credit facility, while Immersion and Barnes & Noble Education together held cash, cash equivalents and restricted cash of $105,184 thousand at period end. Noncontrolling interests in Barnes & Noble Education represented $250,265 thousand of equity, reflecting that Immersion owns 32.9% of that business and consolidates its results.
Immersion Corporation notified the SEC that it cannot timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended January 31, 2026 without unreasonable effort or expense. The company previously identified restatements in prior quarterly periods and has filed amended Form 10-K materials addressing the Restatement.
The Company says it will file the January 31, 2026 Form 10-Q as soon as practicable after filing the outstanding Form 10-Qs for the quarters ended July 31, 2025 and October 31, 2025. The notification is signed by CFO J. Michael Dodson on March 18, 2026.
Immersion Corporation filed Amendment No. 1 to its annual report originally submitted on March 12, 2026. The sole purpose is to replace an incorrect Auditor Consent from Plante & Moran, PLLC for the year ended December 31, 2023 with the correct version.
The amendment also includes updated CEO and CFO certifications required by Sections 302 and 906 of the Sarbanes-Oxley Act, dated as of this amendment’s filing date. The company states that no other changes were made to the original filing. As of October 31, 2024, non‑affiliate common stock had an aggregate market value of $227,763,695, and 32,921,888 shares were outstanding on March 4, 2026.
Immersion Corporation is calling a virtual-only FY 2025 Annual Meeting of Stockholders on April 6, 2026, at 10:00 a.m. Eastern Time. Holders of 32,921,888 common shares outstanding as of February 6, 2026 may vote online on three main items.
Stockholders will elect five directors, vote on ratifying BDO USA, P.C. as independent auditor for the fiscal year ending April 30, 2026, and cast an advisory vote on executive pay. The board recommends voting in favor of all proposals and explains detailed governance practices, director qualifications, and compensation programs.
Immersion Corporation reported that it has now filed its Annual Report on Form 10‑K for the fiscal year ended April 30, 2025, after significant delays tied to an investigation and financial restatement involving Barnes & Noble Education, Inc., a consolidated variable interest entity. Those investigations prevented management from completing the financial reporting process for the quarters ended July 31, 2025 and October 31, 2025 and the FY 2025 year-end on a normal schedule, leaving multiple quarterly reports and the 10‑K as delayed filings. The company states it is working to complete all remaining delayed reports promptly to regain compliance with SEC requirements and Nasdaq listing standards. Because of the late 10‑K, the Board has postponed the 2025 Annual Meeting of Stockholders to April 6, 2026, with details on the meeting location to be provided in a forthcoming proxy statement.
Immersion Corporation’s annual report centers on a major restatement and the consolidation of Barnes & Noble Education (BNED). After an internal investigation at BNED, the board determined several 2024–2025 interim financial statements should not be relied upon and restated them in this report. Adjustments include lease accounting errors, a $4.6 million textbook rental write-off, a $1.3 million legal settlement reclassified to an earlier quarter, revenue timing changes that reduced one quarter’s revenue by $3.9 million, and business-combination revisions that increased goodwill by $54.9 million and reduced noncontrolling interest by $55.6 million.
Immersion acquired a 42% stake and board control of BNED through a $50.1 million investment as part of $95 million of new equity capital that allowed BNED to pay down $80.7 million of debt and refinance a $325 million credit facility. Management concluded disclosure controls and internal control over financial reporting were not effective as of April 30, 2025 and is implementing remediation. The company also adopted a Dodd‑Frank clawback policy and reports that no excess incentive compensation was identified for recovery. As of March 4, 2026, 32,921,888 common shares were outstanding.
IMMERSION CORP institutional manager filed a Form 13F Holdings Report showing a Form 13F information table value total of $145,921,207. The report lists 8 holdings and names 2 other included managers. It was signed by Eric Singer as President, CEO and Chairman.
Immersion Corporation reported that it received a Nasdaq Staff Determination Letter on February 10, 2026 due to continued non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely SEC filings. The company has not filed its Form 10-K for the fiscal year ended April 30, 2025 and its Forms 10-Q for the quarters ended July 31, 2025 and October 31, 2025, because audit committee investigations at Immersion and its consolidated subsidiary Barnes & Noble Education, Inc. are leading to a restatement of previously issued financial information.
The letter does not immediately suspend trading or delist Immersion’s securities. Immersion plans to request a hearing before a Nasdaq Hearings Panel, seek an extended stay of any suspension, and continue working to complete and file the delayed reports to regain compliance, though there is no assurance additional time will be granted.
Immersion Corporation director and Chief Strategy Officer William C. Martin received 6,588 shares of common stock on January 30, 2026, as compensation in lieu of cash salary. The shares were issued at a stated price of $0 per share under a stock-for-salary arrangement covering the three months ended January 31, 2026.
After this grant, Martin directly beneficially owns 1,392,227 shares of Immersion common stock. The number of shares issued was based on his net salary for the period, after required tax withholdings and cash payments, divided by the closing stock price on January 30, 2026.