Everspin Technologies Inc 2026年季度报告

FORM 10-Q____________________________________________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period from toCommission File Number 001-37900____________________________________________________________________ Everspin Technologies, Inc.(Exact name of Registrant as specified in its Charter) ____________________________________________________________________ 26-2640654 Delaware(State or other jurisdictionof incorporation or organization) 5670 W. Chandler Boulevard, Suite 130Chandler, Arizona 85226(Address of principal executive offices including zip code) Registrant’s telephone number, including area code: (480) 347-1111____________________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theRegistrant was required to submit such files). YesNo Indicate by check mark whether the Registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). YesNoThe number of shares of the Registrant’s Common Stock outstanding as of April 23, 2026, was 23,447,577. PART I—FINANCIAL INFORMATION Item 1.Financial StatementsCondensed Balance Sheets as of March 31, 2026 (unaudited) and December 31, 20253Condensed Statements of Operations and Comprehensive Lossfor the three months ended March 31,2026 and 2025 (unaudited)4Condensed Statements of Stockholders’ Equity for the three months ended March 31, 2026 and 2025(unaudited)5Condensed Statements of Cash Flows for the three months ended March 31, 2026 and 2025(unaudited)6Notes to Condensed Financial Statements (unaudited)7Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations17Item 3.Quantitative and Qualitative Disclosures About Market Risk22Item 4.Controls and Procedures22PART II—OTHER INFORMATIONItem 1.Legal Proceedings23Item 1A.Risk Factors23Item 2.Unregistered Sales of Equity Securities and Use of Proceeds23Item 3.Defaults Upon Senior Securities23Item 4.Mine Safety Disclosures23Item 5.Other Information24Item 6.Exhibits25EXHIBIT INDEX25SIGNATURES27 In this Quarterly Report on Form 10-Q, “we,” “our,” “us,” “Everspin Technologies,” “Everspin,” and the “Company” refer to EverspinTechnologies, Inc. The Everspin logo and other trade names, trademarks or service marks of Everspin Technologies are the property ofEverspin Technologies, Inc. This report contains references to our trademarks and to trademarks belonging to other entities. Tradenames, trademarks and service marks of other companies appearing in this report are the property of their respective holders. We donot intend our use or display of other companies’ trade names or trademarks to imply a relationship with, or endorsement orsponsorship of us by, any other companies. EVERSPIN TECHNOLOGIES, INC.Condensed Balance Sheets(In thousands, except share and per share amounts)(Unaudited) EVERSPIN TECHNOLOGIES, INC.Condensed Statements of Operations and Comprehensive Loss(In thousands, except share and per share amounts)(Unaudited) The accompanying notes are an integral part of these condensed financial statements. EVERSPIN TECHNOLOGIES, INC.Condensed Statements of Stockholders’ Equity(In thousands, except share and per share amounts)(Unaudited) The accompanying notes are an integral part of these condensed financial statements. EVERSPIN TECHNOLOGIES, INC.Condensed Statements of Cash Flows(In thousands)(Unaudited) EVERSPIN TECHNOLOGIES, INC.Notes to Unaudited Con