Here are the 10-K annual reports from zSpace Inc New (ZSPC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ZSPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZSPC filings page.
zSpace, Inc. filed its Annual Report describing a challenged 2025 marked by falling sales and funding pressure in its K‑12 education market. Consolidated revenue for the year ended December 31, 2025 decreased 27% versus 2024, following a 13% decline in 2024 versus 2023, as federal stimulus and U.S. Department of Education funding disruptions reduced school technology budgets.
The company reported a $25.4 million net loss for 2025 and an accumulated deficit of $315.8 million, and its auditor raised substantial doubt about its ability to continue as a going concern. zSpace carries about $17.7 million of debt maturing between 2026 and 2027 and plans to refinance and raise new capital.
zSpace focuses on AR/VR learning tools for U.S. K‑12 and CTE programs and is deployed in more than 3,500 U.S. public school districts, including over 80% of the largest 100 by enrollment. As of March 23, 2026, it had 38,654,852 common shares outstanding and a non‑affiliate market value of roughly $16.2 million based on a June 30, 2025 share price of $3.26.