Welcome to our dedicated page for zSpace SEC filings (Ticker: ZSPC), 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on zSpace's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into zSpace's regulatory disclosures and financial reporting.
zSpace, Inc. director Abhay Pande reported receiving 13,441 Restricted Stock Units (RSUs). These RSUs convert into an equal number of shares of common stock and were granted at no cash cost as part of his equity compensation.
The 13,441 RSUs will vest in four equal quarterly installments, starting on July 1, 2026 and then on the same calendar day of each following quarter, as long as he remains in continuous service with zSpace through each vesting date. The grant was made under the company’s 2024 Equity Incentive Plan and its board of directors’ annual compensation policy. Following this award, Pande holds 13,441 RSUs directly.
Swift Jane reported acquisition or exercise transactions in this Form 4 filing.
zSpace, Inc. director Jane Swift reported receiving a grant of 13,441 Restricted Stock Units (RSUs) tied to the company’s common stock. These RSUs were awarded at no purchase price as part of the company’s 2024 Equity Incentive Plan and its board of directors’ annual compensation policy.
The RSUs are scheduled to vest in four equal quarterly installments starting on July 1, 2026, with additional vesting on the same calendar day of each successive quarter, as long as Swift remains in continuous service with the company through each vesting date. Following this grant, she holds 13,441 RSUs directly.
Morris Joanna reported acquisition or exercise transactions in this Form 4 filing.
zSpace, Inc. director Joanna Morris received a grant of 13,441 Restricted Stock Units tied to the company’s common stock. These RSUs were awarded at no cash cost under the 2024 Equity Incentive Plan and the board’s annual compensation policy, and will vest in four equal quarterly installments starting on July 1, 2026, so long as she remains in continuous service with the company through each vesting date.
zSpace, Inc. director Amit S. Jain reported receiving a grant of 13,441 Restricted Stock Units (RSUs) that convert into an equal number of shares of common stock. The RSUs vest in four equal quarterly installments starting on July 1, 2026, with each vesting date requiring Mr. Jain to remain in continuous service with the company. The award was granted under zSpace’s 2024 Equity Incentive Plan and the board’s annual compensation policy, reflecting stock-based compensation rather than any open-market share purchase or sale.
zSpace, Inc. Chief Financial Officer Erick DeOliveira reported equity compensation activity involving Restricted Stock Units (RSUs) and common stock. On April 1, 2026, he exercised RSUs covering 17,000 and 4,083 shares of common stock at a conversion price of $0.00 per share.
Following these exercises, he directly held 61,583 shares of common stock. He also reported a new award of 136,000 RSUs granted under the Company’s 2024 Equity Incentive Plan, bringing his directly held RSU balance to 236,667 units.
The newly granted 136,000 RSUs vest in four equal quarterly installments starting July 1, 2026, with continued service required on each vesting date.
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.
zSpace, Inc. reported weaker fourth quarter and full-year 2025 results, with both revenue and losses moving in an unfavorable direction. Fourth quarter revenue fell to $4.8 million from $8.5 million a year earlier, while full-year revenue declined to $27.9 million from $38.1 million.
Despite the revenue drop, profitability on each dollar of sales improved. Fourth quarter gross margin rose to 49.1% from 40.7%, and full-year gross margin increased to 47.6% from 40.9%, helped by better hardware costs and a higher mix of company-owned software. However, operating expenses grew, and net loss widened to ($7.3) million in the quarter and ($25.4) million for the year.
The balance sheet shows pressure, with cash, cash equivalents and restricted cash at $1.0 million as of December 31, 2025, down from $4.9 million a year earlier, while total liabilities rose to $30.1 million. Software-focused metrics were also soft: Annualized Contract Value of renewable software fell to $9.9 million, Net Dollar Revenue Retention was 71% for larger customers, and 2025 bookings declined, leaving a backlog of $3.6 million at year-end.
zSpace, Inc. refinanced its existing Itria Ventures debt with a new $1,344,500 term loan bearing 18.99% annual interest. The loan is repaid over 24 monthly installments, carries a second‑priority lien on most assets, and is guaranteed by two wholly owned subsidiaries. Prior Itria agreements totaling $2,000,000 in original principal were fully repaid and terminated, and an amended intercreditor agreement keeps Itria subordinated to the senior lender.
The company also agreed with Fiza Investments to a moratorium on interest payments under the Fiza Loan Agreement until December 31, 2026. During this period, interest continues to accrue and is capitalized into principal, after which monthly interest‑only payments resume.
zSpace, Inc. has disclosed that holders controlling a majority of votes approved a written consent to permit the Board to effect a reverse stock split of the Company’s common stock at a ratio between 1-for-15 and 1-for-25.
The Written Consent was executed after the close of business on March 12, 2026 (Record Date) and dated March 13, 2026. As of the Record Date there were 35,642,955 shares of Common Stock issued and outstanding. The Board may file a Certificate of Amendment to implement the Reverse Stock Split on or after the 20th calendar day following mailing of this Information Statement, and may select the Final Ratio within the approved range at any time prior to the one-year anniversary of the filing.
The Company states the Reverse Stock Split is intended to help meet Nasdaq’s minimum bid price requirement of $1.00 per share and notes it received a notice of non-compliance; the Nasdaq compliance period runs through June 9, 2026. The Board may elect not to implement the Reverse Stock Split; if effected, fractional shares will be rounded up to whole shares and no cash will be paid in lieu of fractions.
zSpace, Inc. is expanding its existing senior secured convertible note financing with its institutional investor. The company amended the securities purchase agreement to allow multiple closings and expects a second closing on March 16, 2026.
At this second closing, zSpace will issue an additional senior secured convertible note with an original principal amount of $4,301,075. The company plans to use the net proceeds to repay approximately $2,000,000 of existing debt owed to the same investor, with the remainder for working capital and general corporate purposes.
The additional note will mature on March 15, 2028, has an initial conversion price of $0.28 per share, and includes a conversion floor price of $0.05 per share. It is substantially similar to the original $13,978,495 senior secured convertible note issued in April 2025.