Tearsheet

ZSPACE (ZSPC)

Market Price (4/29/2026): $0.161 | Market Cap: $4.9 Mil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

ZSPACE (ZSPC)

Market Price (4/29/2026): $0.161
Market Cap: $4.9 Mil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%

Megatrend and thematic drivers
Megatrends include Immersive Technologies. Themes include Virtual Reality (VR), Augmented Reality (AR), and Immersive Learning.

Weak multi-year price returns
2Y Excs Rtn is -140%, 3Y Excs Rtn is -172%

Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%

Penny stock
Mkt Price is 0.2

Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -22 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -79%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 234%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27%, Rev Chg QQuarterly Revenue Change % is -43%

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 26%

Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -65%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -65%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -353%

High stock price volatility
Vol 12M is 1970%

Key risks
ZSPC key risks include [1] acute financial distress and a high risk of bankruptcy, Show more.

0	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -27%
1	Megatrend and thematic drivers Megatrends include Immersive Technologies. Themes include Virtual Reality (VR), Augmented Reality (AR), and Immersive Learning.
2	Weak multi-year price returns 2Y Excs Rtn is -140%, 3Y Excs Rtn is -172%
3	Meaningful short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 10%
4	Penny stock Mkt Price is 0.2
5	Not profitable at operating income level Op Inc LTMOperating Income, Last Twelve Months is -22 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -79%
6	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 234%
7	Weak revenue growth Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -27%, Rev Chg QQuarterly Revenue Change % is -43%
8	Significant share based compensation SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 26%
9	Not cash flow generative CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -65%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -65%
10	Yield minus risk free rate is negative ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -353%
11	High stock price volatility Vol 12M is 1970%
12	Key risks ZSPC key risks include [1] acute financial distress and a high risk of bankruptcy, Show more.

Valuation, Metrics & Events

	4/29/26	2025	2024	2023	2022
Share Price CYE	$0.16	$0.47	$15.89	�	�
Market Cap CYE ($ Mil)	4.9	11.3	358.6	-	-
Total Debt ($ Mil)	17.7	18.7	18.7	0.0	0.0
Total Cash ($ Mil)	0.7	4.0	2.9	0.0	0.0
Enterprise Value ($ Mil)	21.9	30.0	377.3
Valuation Ratios
P/S TTM	0.2	0.4	8.6	-	-
P/EBIT TTM	-0.2	-0.6	-19.6	-	-
P/E TTM	-0.2	-0.5	-16.8	-	-
P/FCF TTM	-0.3	-0.6	-69.5	-	-
Sector Ratios
P/S TTM (Sector)	3.8	3.7	3.8	3.1	3.0
P/EBIT TTM (Sector)	8.2	8.8	6.5	2.7	3.4
P/E TTM (Sector)	5.2	6.5	3.4	-0.1	-0.0
P/FCF TTM (Sector)	13.1	15.0	15.2	15.5	11.2

	4/29/26	2025	2024
Share Price CYE	$0.16	$0.47	$15.89
Market Cap CYE ($ Mil)	4.9	11.3	358.6
Total Debt ($ Mil)	17.7	18.7	18.7
Total Cash ($ Mil)	0.7	4.0	2.9
Enterprise Value ($ Mil)	21.9	30.0	377.3
Valuation Ratios
P/S TTM	0.2	0.4	8.6
P/EBIT TTM	-0.2	-0.6	-19.6
P/E TTM	-0.2	-0.5	-16.8
P/FCF TTM	-0.3	-0.6	-69.5
Sector Ratios
P/S TTM (Sector)	3.8	3.7	3.8
P/EBIT TTM (Sector)	8.2	8.8	6.5
P/E TTM (Sector)	5.2	6.5	3.4
P/FCF TTM (Sector)	13.1	15.0	15.2

	ZSPC	S&P 500
REVENUE GROWTH	VERY POOR
Rev LTM ($ Bil)	0.0
Rev Chg Q	-43.2%	7.6%
Rev Chg LTM	-26.9%	6.9%
Rev Chg 3Y Avg	-20.1%	5.6%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.0
Op Mgn LTM	-79.5%	18.6%
CFO/Rev LTM	-64.5%	20.9%
Net Inc Mgn	-91.1%	12.8%
VALUATION	VERY LOW
P/S	0.2	3.3
P/CFO	-0.3	15.4
P/FCF	-0.3	19.9
P/E	-0.2	24.1
STABILITY	POOR
Debt/Equity	3.62	0.21
Cash/Assets	0.09	0.07

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Metric	Value	Date	Source
Number of U.S. school customers	Over 2,400	11102025	Link
Number of patents	More than 70	11102025	Link
Annualized Contract Value (ACV) of renewable software	11.3 million	12312024	Link
Net Dollar Revenue Retention (NDRR) for customers with over $50,000 of ACV	92%	12312024	Link
Full Year Bookings	41.5 million	12312024	Link
Number of K-12 schools, technical centers, and universities using zSpace worldwide	Over 3,500	11062025	Link

Recent
3/30/2026	Earnings Release	Rev: $4.0 Mil (A) vs. $6.0 Mil (E) EPS: -5.12 (A) vs. $-4.50 (E)
4/21/2026	Stock Split	Ratio: 1-for-25
Upcoming
5/13/2026	Earnings Release	Rev: $5.0 Mil (E) EPS: $-1.00 (E)

Price Chart

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

ZSPACE (ZSPC) stock has lost about 50% since 12/31/2025 because of the following key factors:

1. ZSPACE reported significantly disappointing Q4 2025 financial results, missing analyst expectations and revealing widening losses. The company posted an earnings per share (EPS) of -$0.23, missing analyst estimates of -$0.14 by 64.29%. Revenue for Q4 2025 declined 43% year-over-year to $4.8 million, falling short of Street estimates by $1.4 million. This period saw an increase in net losses, and the company's cash and cash equivalents decreased to approximately $1 million as of December 31, 2025, from $4.9 million at the end of 2024. Additionally, the annualized contract value of renewable software was down 12%, and net dollar revenue retention for key customers dropped to 71%.

2. The company initiated a 1-for-25 reverse stock split to address Nasdaq listing compliance, often interpreted by investors as a sign of distress. Effective April 20, 2026, ZSPACE executed a reverse stock split to raise its per-share trading price and meet the Nasdaq Capital Market's minimum bid price requirement. This action, while aimed at maintaining listing, frequently signals underlying financial instability and contributed to negative investor sentiment, with news headlines on April 24, 2026, explicitly linking the reverse split to continued heavy selling pressure and a Nasdaq delisting notice.

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Stock Movement Drivers

Fundamental Drivers

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Market Drivers

12/31/2025 to 4/28/2026

	Return	Correlation
ZSPC	-49.2%
Market (SPY)	5.2%	-8.7%
Sector (XLK)	9.8%	0.3%

Fundamental Drivers

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Market Drivers

9/30/2025 to 4/28/2026

	Return	Correlation
ZSPC	-75.6%
Market (SPY)	8.0%	-6.0%
Sector (XLK)	12.3%	1.2%

Fundamental Drivers

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Market Drivers

3/31/2025 to 4/28/2026

	Return	Correlation
ZSPC	-96.8%
Market (SPY)	29.3%	-2.2%
Sector (XLK)	53.8%	1.6%

Fundamental Drivers

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Market Drivers

3/31/2023 to 4/28/2026

	Return	Correlation
ZSPC
Market (SPY)	81.5%	-1.6%
Sector (XLK)	113.4%	1.8%

Return vs. Risk

Price Returns Compared

	2021	2022	2023	2024	2025	2026	Total [1]
Returns
ZSPC Return	-	-	-	-28%	-97%	-49%	-99%
Peers Return	11%	-25%	31%	48%	-12%	-7%	33%
S&P 500 Return	27%	-19%	24%	23%	16%	5%	91%
Monthly Win Rates [3]
ZSPC Win Rate	-	-	-	0%	25%	25%
Peers Win Rate	50%	40%	56%	73%	52%	38%
S&P 500 Win Rate	75%	42%	67%	75%	67%	50%
Max Drawdowns [4]
ZSPC Max Drawdown	-	-	-	-67%	-98%	-89%
Peers Max Drawdown	-10%	-36%	-13%	-22%	-36%	-24%
S&P 500 Max Drawdown	-1%	-25%	-1%	-2%	-15%	-7%

[1] Cumulative total returns since the beginning of 2021
[2] Peers: LRN, VUZI, ADSK, PTC.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/28/2026 (YTD)

How Low Can It Go

ZSPC has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

Unique Key	Event	XLK	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-34.0%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	51.6%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	278 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-31.5%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	46.0%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	79 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-24.1%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	31.8%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	105 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-53.6%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	115.3%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	1,183 days	1,480 days

Compare to LRN, VUZI, ADSK, PTC

In The Past

SPDR Select Sector Fund's stock fell -34.0% during the 2022 Inflation Shock from a high on 12/27/2021. A -34.0% loss requires a 51.6% gain to breakeven.

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Asset Allocation

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About ZSPACE (ZSPC)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

We are a leading provider of augmented reality (AR) and virtual reality (VR) educational technology solutions. We believe that we are a recognized brand in the education market with a current focus on both United States K-12 schools and Career & Technical Education (CTE) markets. Our proprietary hardware and software platform provides the unique ability to deliver an interactive, stereoscopic three-dimensional (3D) learning experience to our users without the need to utilize VR goggles or specialty glasses. Our hands-on “learning by doing” solutions have been shown to enhance the learning process and drive higher student test scores, as evidenced by a study on the utility of 3D virtual reality technologies for student knowledge gains published in the Journal of Computer Assisted Learning in 2021. We allow students and teachers to experience learning in the classroom that may otherwise be dangerous, impossible, counterproductive, or expensive using traditional techniques. Our platform serves a broad range of critical educational tools designed for K-12 science, technology, engineering and math (STEM) lessons as well as training skilled trades in areas such as health sciences, automotive engineering/repair, Unity3D® software programming and advanced manufacturing. --- We sell our platform directly to United States school districts, both as a primary educational tool in K-12 classrooms and as a career training solution for higher grade levels, as well as to community college customers through both a direct sales and support team as well as regional resellers. Internationally, we rely exclusively on resellers to bring our products to those markets. Today, our platform is implemented in more than 3,500 of the approximately 13,000 United States public school districts. Our K-12 platform is currently deployed in over 80% of the largest 100 K-12 public school districts in the United States, as measured by student enrollment, and our CTE solutions have been deployed in approximately 73% of those public school districts we serve. Our CTE solutions have also been deployed in approximately 2% of United States community and technical colleges. In addition, we have partnered with over 25 resellers and have expanded our customer network into over 50 countries. We believe the applicability of our platform in education environments provides an opportunity for significant scale. Since 2014, we have been developing and delivering hardware and software technology focused on improving education in K-12 and CTE classrooms. We believe that our platform leads to (i) deeper understanding of content, (ii) increased motivation of students to learn, (iii) additional engagement of students with content and (iv) improved preparedness for the workforce. We believe that we have significant growth potential and that we have demonstrated a repeatable value proposition and the ability to scale our sales growth model. With a mature and tested go-to-market playbook and team in place, we are focused on scaling execution across a carefully selected set of growth vectors, including scaling in the United States, expanding internationally, investing in research and development (“R&D”), and acquiring software, both specific software applications and third party software developers, in order to increase the growth of our software offerings. Such acquisitions, if completed, are intended to be accretive to earnings and materially increase our software revenues. From a technology perspective, graphics and speed of computing have increased exponentially over time, but the physical computing experience has remained largely static since the introduction of the mouse and touchscreen in the 1980s. We believe limiting the user experience to the confines of a screen creates inherent limitations such as slowing technological breakthroughs, discouraging engagement and hampering creativity, particularly when utilizing technology as a learning tool. We were founded with the goal of eliminating that barrier between students and content and reinventing the student experience. We hope to accomplish this through a range of proprietary innovations in hardware and software that comprise the foundation of our educational platform. We believe that these innovations help to eliminate a barrier between digital content and students so that students can be immersed in content: manipulate it, experience it, and interact with it as if it were real. We are a Delaware corporation incorporated on October 26, 2006 under the name Infinite Z, Inc. On February 12, 2013, we effected a name change from Infinite Z, Inc. to zSpace, Inc. Our business is conducted through zSpace, Inc. and our other operating subsidiaries. Our principal executive office is located at 55 Nicholson Lane, San Jose, CA.

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Here are 1-2 brief analogies for ZSPACE:

ZSPACE is like the **Smart Technologies (makers of Smart Boards)** of immersive 3D learning.
ZSPACE is the **IMAX** of interactive, glasses-free 3D education.

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ZSPACE Educational Technology Platform: A proprietary hardware and software platform that delivers interactive, stereoscopic 3D learning experiences without the need for VR goggles or specialty glasses.
K-12 STEM Learning Solutions: Software applications and content modules within the platform tailored for K-12 science, technology, engineering, and math education.
CTE (Career & Technical Education) Training Solutions: Software applications and content modules within the platform designed for training in skilled trades such as health sciences, automotive engineering, and advanced manufacturing.

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ZSPACE (ZSPC) primarily sells to educational institutions and resellers, rather than individuals. Its major customer categories include:

United States K-12 public school districts: ZSPACE sells its platform directly to these districts for both primary educational tools in K-12 classrooms and as a career training solution for higher grade levels.
United States community and technical colleges: ZSPACE sells its CTE solutions directly to these institutions.
Resellers: ZSPACE utilizes regional resellers within the United States and relies exclusively on international resellers to bring its products to those global markets. Specific reseller company names are not provided in the description.

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Paul Kellenberger, Chief Executive Officer

Paul Kellenberger was appointed CEO of zSpace, Inc. in December 2006 and also serves as Chairperson. He has a tenure of over 19 years with the company. Under his leadership, zSpace, initially founded as Infinite Z in 2007, developed its virtual-holographic platform with backing from the Central Intelligence Agency's In-Q-Tel fund. The company formally changed its name to zSpace in 2013.

Erick DeOliveira, Chief Financial Officer

Erick DeOliveira serves as the Chief Financial Officer for zSpace, Inc.. He has executed several sales of common stock to cover tax obligations related to the vesting of restricted stock units.

Mike Harper, Chief Product, Engineering and Marketing Officer

Mike Harper holds the position of Chief Product, Engineering and Marketing Officer. He has also been previously noted as the Chief Marketing Officer (CMO) for zSpace.

Ron Rheinheimer, Chief Sales Officer

Ron Rheinheimer is the Chief Sales Officer at zSpace, Inc.. He is also listed as an Executive Vice President.

Tara Choy, Chief People Officer

Tara Choy is the Chief People Officer for zSpace, Inc.. She has also been identified as the Senior Director of Human Resources.

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Key Risks to ZSPACE (ZSPC)

Technological Obsolescence and Competition: ZSPACE operates in the rapidly evolving augmented reality (AR) and virtual reality (VR) educational technology space, relying on its proprietary hardware and software platform. There is a significant risk that competitors could develop more advanced, cost-effective, or widely adopted alternative solutions that surpass ZSPACE's offerings, potentially rendering its technology less competitive or even obsolete. This constant need for innovation and the threat of superior competitive products pose a fundamental risk to the company's market position and future revenue streams.
Market Adoption and Concentration Risk: The company has a strong focus on specific segments within the education market, primarily United States K-12 schools and Career & Technical Education (CTE) markets. While ZSPACE has achieved high penetration in large K-12 districts, its overall market penetration in US public school districts (approximately 3,500 out of 13,000) and particularly in community and technical colleges (approximately 2%) indicates potential challenges in broader market adoption. This concentration makes the business vulnerable to shifts in educational funding, policy changes, pedagogical trends, or slower-than-anticipated acceptance of AR/VR technology within these key markets, which could limit its growth potential.
Execution Risk of Growth Strategies: ZSPACE explicitly outlines its growth vectors, including scaling within the United States, expanding internationally, investing in research and development (R&D), and acquiring software applications and developers. Each of these strategies carries inherent execution risks. International expansion relies heavily on reseller performance and navigating diverse market dynamics. R&D investments may not always translate into commercially successful products. Acquisitions, while intended to be accretive, involve significant challenges in identifying suitable targets, successful integration, and realizing projected financial benefits. Failure to effectively execute these growth strategies could impede the company's ability to achieve its stated growth objectives and increase its software revenues.

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The accelerated development and mainstream adoption of advanced, user-friendly augmented reality (AR) and virtual reality (VR) headsets and glasses by major technology companies pose a clear emerging threat. ZSPACE's proprietary platform emphasizes its unique ability to deliver interactive 3D learning "without the need to utilize VR goggles or specialty glasses." If competing goggle-based AR/VR solutions become significantly more comfortable, affordable, widely adopted, and are accompanied by robust educational software ecosystems, they could offer compelling and potentially superior interactive 3D learning experiences. This would directly challenge ZSPACE's core differentiator and could render its "no goggles" advantage less relevant or even a limitation in a market increasingly accepting of advanced eyewear for immersive digital experiences.

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ZSPACE operates within several significant addressable markets:

U.S. K-12 Education Market: The market for K-12 education in the United States was estimated at approximately USD 1,050.00 billion in 2025 and is projected to grow to USD 2,750.00 billion by 2035. This market includes about 13,303 public school districts across the U.S. as of the 2023-2024 school year. There are also around 128,966 K-12 schools (public and private) in the U.S. in 2025.
U.S. Career & Technical Education (CTE) Market: The U.S. Technical and Vocational Education Market was valued at USD 133.49 billion in 2023 and is expected to reach USD 317.06 billion by 2032.
U.S. Community College Market: There are 1,167 community colleges in the United States, enrolling over 9 million students.
Augmented Reality (AR) and Virtual Reality (VR) in Education Market: Globally, the AR/VR in education market was valued at approximately USD 22.16 billion in 2025 and is projected to reach USD 86.96 billion by 2029. Specifically for the U.S., the AR/VR in education and training market is estimated at USD 5 billion in 2025.

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Here are 3-5 expected drivers of future revenue growth for ZSPACE (ZSPC) over the next 2-3 years:

Scaling in the United States Education Market: ZSPACE anticipates significant revenue growth by further penetrating the existing K-12 and Career & Technical Education (CTE) markets in the United States. This includes expanding into additional public school districts beyond the current 3,500, increasing deployment of CTE solutions in the approximately 27% of served districts not yet utilizing them, and substantially growing its presence in the largely untapped market of community and technical colleges in the U.S.
International Expansion: The company plans to expand its customer network globally by leveraging its network of over 25 resellers to bring its products to new international markets beyond the current 50 countries. This strategy is expected to drive sales growth through increased geographical reach.
Strategic Software Acquisitions: ZSPACE intends to acquire specific software applications and third-party software developers. These acquisitions are aimed at increasing the growth of its software offerings, being accretive to earnings, and materially boosting software revenues.
Research and Development (R&D) Leading to New Product Offerings: Continued investment in research and development is a key growth vector for ZSPACE. This investment is expected to lead to innovations in both hardware and software, resulting in the development and launch of new products or significant enhancements to existing ones, thereby attracting new customers and increasing sales to current ones.

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Share Issuance

ZSPACE completed a $3.0 million strategic investment from Planet One Education on January 27, 2026, which involved the purchase of 1.5 million convertible preferred shares at $2.00 per share and 1 million warrants at a $3.00 exercise price.
The company's shares outstanding increased significantly, rising from 0.006 billion (6 million) in Q3 2024 to 0.023 billion (23 million) by Q4 2024, and further to 0.024 billion (24 million) as of September 30, 2025.
ZSPACE has a common stock purchase agreement that allows it to sell newly issued shares to an institutional investor, subject to conditions and a specified cap.

Inbound Investments

ZSPACE received a $3.0 million strategic investment from Planet One Education, closed January 27, 2026. This investment was made through the purchase of convertible preferred shares and warrants.

Capital Expenditures

Capital expenditures for ZSPACE were -$26,000 over the last 12 months.
Quarterly capital expenditures were reported as -6 K, -15 K, 0.0, and -7 K in recent quarters.

Interactive Breakdown

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Better Bets vs. ZSPACE (ZSPC)

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Latest Trefis Analyses

	Title	Date
0	DASHBOARDS
1	Would You Still Hold ZSPACE Stock If It Fell Another 30%?	10/17/2025

	Title
0	ARTICLES

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Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
INBX	Inhibrx Biosciences	2.0	55.4%	65.4%
MXL	MaxLinear	4.5	54.3%	198.4%
OGN	Organon	3.5	50.7%	86.2%
MANE	Veradermics	2.1	40.6%	173.1%
KFRC	Kforce	0.8	38.2%	50.5%
REPL	Replimune	0.2	38.2%	-73.6%
FBYD	Falcons Beyond Global	0.7	28.4%	18.2%
ANAB	AnaptysBio	1.8	27.6%	36.4%
INTC	Intel	409.8	27.6%	129.1%
KNSA	Kiniksa Pharmaceuticals International	4.1	26.9%	30.5%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
CAR	Avis Budget	6.4	-74.5%	41.8%
CMPX	Compass Therapeutics	0.3	-64.9%	-65.7%
ERAS	Erasca	2.8	-55.8%	166.1%
VISN	Vistance Networks	2.2	-47.5%	-46.3%
LBRDA	Liberty Broadband	5.7	-28.8%	-16.8%
LBRDK	Liberty Broadband	5.7	-28.7%	-17.3%
CHTR	Charter Communications	22.0	-28.5%	-17.1%
NN	NextNav	2.3	-24.8%	2.0%
YSS	York Space Systems	4.0	-22.8%	-5.0%
RLAY	Relay Therapeutics	2.3	-22.4%	54.0%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
MXL	MaxLinear	4.5	205.9%	198.4%
AEHR	Aehr Test Systems	2.5	153.5%	308.3%
APLS	Apellis Pharmaceuticals	5.2	141.5%	63.2%
OGN	Organon	3.5	128.1%	86.2%
INBX	Inhibrx Biosciences	2.0	123.8%	65.4%
JBIO	Jade Biosciences	1.3	97.5%	71.4%
SGML	Sigma Lithium	2.3	97.0%	56.3%
INTC	Intel	409.8	96.0%	129.1%
FBYD	Falcons Beyond Global	0.7	84.2%	18.2%
NVTS	Navitas Semiconductor	3.4	82.6%	111.8%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
CMPX	Compass Therapeutics	0.3	-64.7%	-65.7%
REPL	Replimune	0.2	-64.4%	-73.6%
VRDN	Viridian Therapeutics	1.3	-50.3%	-56.3%
VISN	Vistance Networks	2.2	-44.8%	-46.3%
LCID	Lucid	1.9	-37.6%	-44.5%
ERAS	Erasca	2.8	-33.9%	166.1%
BTU	Peabody Energy	3.3	-31.9%	-9.2%
VG	Venture Global	29.8	-30.6%	78.5%
ESPR	Esperion Therapeutics	0.5	-30.3%	-48.4%
SOC	Sable Offshore	1.5	-28.8%	45.7%

Peer Comparisons

Peers to compare with:

Financials

	ZSPC	LRN	VUZI	ADSK	PTC	Median
Name	ZSPACE	Stride	Vuzix	Autodesk	PTC
Mkt Price	0.24	92.58	2.41	234.85	137.11	92.58
Mkt Cap	0.0	4.0	0.2	50.0	16.4	4.0
Rev LTM	28	2,519	6	7,206	2,860	2,519
Op Inc LTM	-22	463	-32	1,794	1,104	463
FCF LTM	-18	179	-21	2,376	888	179
FCF 3Y Avg	-11	199	-30	1,711	758	199
CFO LTM	-18	248	-19	2,452	899	248
CFO 3Y Avg	-11	263	-23	1,791	772	263

Growth & Margins

	ZSPC	LRN	VUZI	ADSK	PTC	Median
Name	ZSPACE	Stride	Vuzix	Autodesk	PTC
Rev Chg LTM	-26.9%	14.9%	9.1%	17.5%	23.6%	14.9%
Rev Chg 3Y Avg	-	12.7%	-13.6%	13.0%	14.0%	12.8%
Rev Chg Q	-43.2%	7.5%	76.3%	19.4%	21.4%	19.4%
QoQ Delta Rev Chg LTM	-11.7%	1.8%	18.3%	4.6%	4.4%	4.4%
Op Inc Chg LTM	-25.4%	38.4%	25.7%	31.0%	88.7%	31.0%
Op Inc Chg 3Y Avg	-	47.1%	6.7%	22.2%	36.2%	29.2%
Op Mgn LTM	-79.5%	18.4%	-515.5%	24.9%	38.6%	18.4%
Op Mgn 3Y Avg	-48.5%	14.9%	-562.7%	22.6%	28.5%	14.9%
QoQ Delta Op Mgn LTM	-18.4%	0.6%	196.6%	1.0%	2.2%	1.0%
CFO/Rev LTM	-64.5%	9.8%	-299.2%	34.0%	31.4%	9.8%
CFO/Rev 3Y Avg	-34.1%	12.0%	-309.4%	28.0%	31.5%	12.0%
FCF/Rev LTM	-64.5%	7.1%	-340.1%	33.0%	31.1%	7.1%
FCF/Rev 3Y Avg	-34.1%	9.0%	-385.6%	26.8%	30.9%	9.0%

Valuation

	ZSPC	LRN	VUZI	ADSK	PTC	Median
Name	ZSPACE	Stride	Vuzix	Autodesk	PTC
Mkt Cap	0.0	4.0	0.2	50.0	16.4	4.0
P/S	0.3	1.6	30.8	6.9	5.7	5.7
P/Op Inc	-0.3	8.6	-6.0	27.9	14.8	8.6
P/EBIT	-0.3	9.3	-6.0	29.6	14.8	9.3
P/E	-0.3	12.5	-6.0	44.5	20.0	12.5
P/CFO	-0.4	16.1	-10.3	20.4	18.2	16.1
Total Yield	-349.0%	8.0%	-16.7%	2.2%	5.0%	2.2%
Dividend Yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
FCF Yield 3Y Avg	-	6.2%	-16.2%	2.8%	3.6%	3.2%
D/E	2.4	0.1	0.0	0.1	0.1	0.1
Net D/E	2.3	-0.0	-0.1	0.0	0.1	0.0

Returns

	ZSPC	LRN	VUZI	ADSK	PTC	Median
Name	ZSPACE	Stride	Vuzix	Autodesk	PTC
1M Rtn	95.0%	8.1%	11.1%	2.2%	-0.4%	8.1%
3M Rtn	-54.4%	27.8%	-16.6%	-12.4%	-16.7%	-16.6%
6M Rtn	-78.2%	-39.7%	-32.7%	-24.5%	-32.3%	-32.7%
12M Rtn	-97.3%	-34.3%	23.6%	-13.5%	-9.7%	-13.5%
3Y Rtn	-98.9%	115.5%	-40.0%	20.6%	9.0%	9.0%
1M Excs Rtn	82.9%	-3.9%	-1.0%	-9.9%	-12.5%	-3.9%
3M Excs Rtn	-56.7%	25.5%	-18.9%	-14.7%	-19.0%	-18.9%
6M Excs Rtn	-83.7%	-44.2%	-39.3%	-30.1%	-38.2%	-39.3%
12M Excs Rtn	-126.7%	-63.5%	0.4%	-42.2%	-40.2%	-42.2%
3Y Excs Rtn	-171.6%	72.2%	-110.1%	-51.7%	-64.4%	-64.4%

FDIC Bank Data

Bank Capital

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Bank Deposits

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Bank Assets

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Bank Loans

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FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2025	2024	2023	2022
Period End	12/31/2025	12/31/2025	12/31/2024	12/31/2023	12/31/2022
Filing Date	3/30/2026	3/30/2026	3/28/2025	12/6/2024	12/6/2024
Key Financials
Total Revenue	28	28	38	44	36
EBITDA	-24	-24	-18	-10	-11
Operating Income	-22	-22	-18	-9	-10
Net Income	-25	-25	-21	-13	-15
EPS	-1.02	-1.01	13.03	-0.85	-0.67
Growth Rates
Total Revenue Growth	-26.9%	-26.9%	-13.3%	22.7%	-
EBITDA Growth	-33.0%	-33.0%	-77.8%	11.3%	-
Operating Income Growth	-25.4%	-25.4%	-105.0%	13.0%	-
Net Income Growth	-21.9%	-21.9%	-59.7%	14.1%	-
Margins
EBITDA Margin	-85.7%	-85.7%	-47.1%	-23.0%	-31.8%
Operating Income Margin	-79.5%	-79.5%	-46.3%	-19.6%	-27.7%
Net Income Margin	-91.1%	-91.1%	-54.7%	-29.7%	-42.4%
Cash & Debt
Total Cash	1	1	5	3	4
Total Debt	18	18	12	19	44
Net Debt / (Cash)	17	17	7	16	41
Cash Flows
Net Cash from Operations	-18	-18	-9	-6	-9
Free Cash from Operations	-18	-18	-9	-6	-9
Returns to Shareholders
Dividends	0	-0	-0	-0	-0
Share Repurchases	-0	-0	-0	-0	-0

$ Mil \| FY: 12/31	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4
Period End	12/31/2025	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023
Filing Date	3/30/2026	11/13/2025	8/14/2025	5/14/2025	3/28/2025	12/6/2024	9/9/2024	6/24/2024	12/6/2024
Key Financials Quarterly
Total Revenue	5	9	7	7	9	14	8	8	12
Ebitda	-7	-6	-6	-5	-3	0	-4	-12	-3
Operating Income	-6	-5	-6	-5	-3	0	-4	-11	-2
Net Income	-7	-6	-6	-6	-4	-0	-5	-12	-4
EPS	-0.23	-0.26	-0.27	-0.26	-0.16	-0.01	-0.21	-0.54	-0.46
Key Financials TTM
Total Revenue TTM	28	32	37	37	38	42	41	44	44
Ebitda TTM	-24	-20	-14	-12	-18	-18	-19	-19	-10
Operating Income TTM	-22	-19	-14	-12	-18	-17	-17	-17	-9
Net Income TTM	-25	-22	-16	-14	-21	-21	-22	-22	-13
Growth Rates Quarterly
Total Revenue Growth	-43.2%	-38.2%	-0.6%	-13.8%	-29.2%	4.2%	-29.7%	3.9%	-
EBITDA Growth	-127.1%	-1587.3%	-52.6%	53.8%	9.5%	196.1%	-7.7%	-310.4%	-
Operating Income Growth	-103.8%	-20075.0%	-79.3%	52.7%	-43.7%	106.2%	-1.3%	-303.4%	-
Net Income Growth	-100.9%	-2924.0%	-28.6%	52.4%	12.3%	83.8%	-12.4%	-258.4%	-
Margins Quarterly
EBITDA Margin	-142.6%	-66.6%	-77.6%	-78.8%	-35.7%	2.8%	-50.6%	-146.9%	-27.9%
Operating Income Margin	-116.2%	-54.5%	-84.9%	-79.7%	-32.4%	0.2%	-47.0%	-145.2%	-16.0%
Net Income Margin	-150.3%	-70.2%	-81.8%	-86.3%	-42.5%	-1.4%	-63.3%	-156.2%	-34.3%
Cash & Debt
Total Cash	1	4	1	1	5	3	3	1	3
Total Debt	18	19	18	13	12	19	20	18	19
Net Debt / (Cash)	17	15	17	12	7	16	18	17	16
Cash Flows Quarterly
FCF from Operations	-4	-2	-7	-5	-5	2	-0	-5	-1
Cash Flows TTM
FCF from Operations TTM	-18	-19	-15	-8	-9	-5	-4	-7	-6
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-7.3%	-6.3%	-8.5%	-7.5%	-3.9%	0.0%	-8.6%	-27.8%	-5.0%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-7.1%	-6.3%	-4.9%	-4.0%	-6.2%	-8.2%	-10.5%	-10.5%	-5.5%

Segment Financials

Revenue by Segment

$ Mil	2025	2024
Hardware	27	23
Software	13	11
Services	3	2
Total	44	36

Price Behavior

Price Behavior

Market Price	$0.24
Market Cap ($ Bil)	0.0
First Trading Date	12/05/2024
Distance from 52W High	-97.3%
	50 Days	200 Days
DMA Price	$0.23	$7.37
DMA Trend	down	down
Distance from DMA	3.5%	-96.7%
	3M	1YR
Volatility	3,970.3%	1,982.1%
Downside Capture	-483.26	353.76
Upside Capture	-715.90	-173.36
Correlation (SPY)	-9.3%	-4.5%

ZSPC Betas & Captures as of 3/31/2026

	1M	2M	3M	6M	1Y	3Y
Beta	-1.65	1.58	2.85	3.15	1.97	-0.42
Up Beta	-8.47	-2.23	-2.11	-2.51	1.72	0.53
Down Beta	1.57	0.34	2.31	4.86	0.72	-0.41
Up Capture	-734%	-118%	120%	78%	41%	3%
Bmk +ve Days	7	16	27	65	139	424
Stock +ve Days	6	14	24	50	92	125
Down Capture	196%	406%	385%	281%	181%	113%
Bmk -ve Days	12	23	33	58	110	323
Stock -ve Days	15	27	38	75	155	198

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ZSPC
ZSPC	-97.5%	1,982.1%	0.73	-
Sector ETF (XLK)	52.6%	20.4%	1.96	1.3%
Equity (SPY)	31.5%	12.5%	1.92	-4.7%
Gold (GLD)	38.6%	27.2%	1.18	-10.9%
Commodities (DBC)	45.9%	18.0%	1.95	10.1%
Real Estate (VNQ)	14.4%	13.4%	0.75	-13.4%
Bitcoin (BTCUSD)	-19.0%	42.1%	-0.39	2.8%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ZSPC
ZSPC	-59.6%	1,689.5%	0.62	-
Sector ETF (XLK)	18.2%	24.8%	0.66	1.8%
Equity (SPY)	12.9%	17.1%	0.59	-1.6%
Gold (GLD)	20.2%	17.8%	0.92	-10.0%
Commodities (DBC)	14.8%	19.1%	0.63	9.3%
Real Estate (VNQ)	3.4%	18.8%	0.09	-8.2%
Bitcoin (BTCUSD)	7.3%	56.2%	0.35	2.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 10-Year Data

	Annualized Return	Annualized Volatility	Sharpe Ratio	Correlation with ZSPC
ZSPC	-36.4%	1,689.5%	0.62	-
Sector ETF (XLK)	23.0%	24.4%	0.86	1.8%
Equity (SPY)	14.9%	17.9%	0.71	-1.6%
Gold (GLD)	13.4%	15.9%	0.70	-10.0%
Commodities (DBC)	9.9%	17.7%	0.46	9.3%
Real Estate (VNQ)	5.4%	20.7%	0.23	-8.2%
Bitcoin (BTCUSD)	67.8%	66.9%	1.07	2.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date	4152026
Short Interest: Shares Quantity	3.1 Mil
Short Interest: % Change Since 3312026	686.4%
Average Daily Volume	54.2 Mil
Days-to-Cover Short Interest	1
Basic Shares Quantity	30.3 Mil
Short % of Basic Shares	10.2%

Returns Analyses

	Title
0	Would You Still Hold ZSPACE Stock If It Fell Another 30%?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
3/30/2026	0.4%	-8.9%
11/13/2025	3.3%	-31.1%	-36.7%
8/14/2025	-11.8%	-15.4%	-36.6%
3/27/2025	-19.6%	-21.1%	-11.7%
SUMMARY STATS
# Positive	2	0	0
# Negative	2	4	3
Median Positive	1.8%
Median Negative	-15.7%	-18.2%	-36.6%
Max Positive	3.3%
Max Negative	-19.6%	-31.1%	-36.7%

	Forward Returns
3/30/2026	0.4%	-8.9%
11/13/2025	3.3%	-31.1%	-36.7%
8/14/2025	-11.8%	-15.4%	-36.6%
3/27/2025	-19.6%	-21.1%	-11.7%
SUMMARY STATS
# Positive	2	0	0
# Negative	2	4	3
Median Positive	1.8%
Median Negative	-15.7%	-18.2%	-36.6%
Max Positive	3.3%
Max Negative	-19.6%	-31.1%	-36.7%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
12/31/2025	03/30/2026	10-K
09/30/2025	11/13/2025	10-Q
06/30/2025	08/14/2025	10-Q
03/31/2025	05/14/2025	10-Q
12/31/2024	03/28/2025	10-K
09/30/2024	12/06/2024	424B4
06/30/2024	09/09/2024	S-1/A
03/31/2024	06/24/2024	S-1

Recent Forward Guidance [BETA]

Latest: Q4 2025 Earnings Reported 3/30/2026

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Prior: Q3 2025 Earnings Reported 11/13/2025

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Insider Activity

Expand for More

#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Sell	4172026	0.09	161	14	413,800	Form
2	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Buy	4172026	0.07	860,716	61,111	337,708	Form
3	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Sell	4172026	0.07	7,117	505	337,708	Form
4	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	4082026	0.07	20,758	1,536	5,737	Form
5	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	4082026	0.07	13,066	967	3,590	Form

Collapse to Preview

#	Owner	Title	Holding	Action	Filing Date	Price	Shares	Transacted Value	Value of Held Shares	Form
1	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Sell	4172026	0.09	161	14	413,800	Form
2	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Buy	4172026	0.07	860,716	61,111	337,708	Form
3	Aqr, Capital Management Holdings, Llc		AQR Capital Management, LLC	Sell	4172026	0.07	7,117	505	337,708	Form
4	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	4082026	0.07	20,758	1,536	5,737	Form
5	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	4082026	0.07	13,066	967	3,590	Form
6	Harper, Michael S	See remarks	Direct	Sell	4082026	0.07	7,586	561	3,538	Form
7	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	1072026	0.52	7,839	4,092	21,139	Form
8	Harper, Michael S	See remarks	Direct	Sell	1072026	0.52	4,550	2,375	20,043	Form
9	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	1072026	0.52	12,453	6,500	33,818	Form
10	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	10082025	0.99	6,831	6,765	26,991	Form
11	Harper, Michael S	See remarks	Direct	Sell	10082025	0.99	3,748	3,712	25,698	Form
12	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	10082025	0.99	10,852	10,748	43,318	Form
13	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7172025	2.63	1,491	3,918	55,425	Form
14	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	7172025	2.63	3,404	8,946	34,172	Form
15	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	7172025	2785.00	3,197	8,903,645	45,693,495	Form
16	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7162025	2.79	1,407	3,918	62,888	Form
17	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7162025	2.77	1,415	3,920	66,447	Form
18	Harper, Michael S	See remarks	Direct	Sell	7152025	2.77	2,197	6,086	35,165	Form
19	Harper, Michael S	See remarks	Direct	Sell	7152025	2.76	2,108	5,814	41,072	Form
20	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7142025	2.76	1,384	3,817	70,061	Form
21	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7142025	2.83	1,383	3,918	75,888	Form
22	Deoliveira, Erick	Chief Financial Officer	Direct	Sell	7142025	2.83	1,479	4,190	55,538	Form
23	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7102025	3.02	1,296	3,918	85,158	Form
24	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7102025	2.96	1,324	3,919	87,219	Form
25	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7082025	2.95	1,382	4,074	90,769	Form
26	Kellenberger, Paul	Chief Executive Officer	Direct	Sell	7082025	3.01	1,328	3,996	96,806	Form

ZSPC Trade Sentinel

Stock Conviction

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CONVICTION RATIONALE

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STOCK ARCHETYPE

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Looking for high-conviction positions with a better risk/reward profile? See what's currently in the Trefis High Quality Portfolio.

INVESTMENT THESIS

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Mechanism: null

Supporting Evidence:

PRIMARY RISK

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Mechanism: null

Supporting Evidence:

Key KPI Watchlist

KPI	Threshold	Rationale

Core Investment Debate

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Next 6 months: Risks and Catalysts

Timeline	Event & Metric To Watch

Key Events in Last 6 Months

Date	Event	Stock Impact

Risk Management

Position Sizing

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Diversification Alternatives

How Is The Market Pricing ZSPC?

What will confirm the thesis

What will damage the thesis

Noise: Real but irrelevant to thesis

Repricing Catalyst

What ZSPC Makes & Who Pays

TTM figures based on

ZSPC Evolution: Price Return by Era

① Structure

② Volume / Momentum

③ Catalyst

Combined Score

0 / 12

1 Price Structure & Trend · ▾

2 Momentum ▾

3 Relative Strength vs. SPY ▾

4 Institutional Footprint & Volume ▾

5 Volatility ▾

6 Key Price Levels Range · Vol ▾

7 Earnings Reaction History ▾

8 How the Verdict Is Derived Three Pillars ▾

Pillar	Score
① Structure	0
② Vol / Mom	0
③ Catalyst	0

ℹ Bull Pillars: 0 · Bear Pillars: 0 · Combined Score: 0 →

Industry Resources

Technology Hardware, Storage & Peripherals Resources

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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ZSPACE (ZSPC)

Market Price (4/29/2026): $0.161 | Market Cap: $4.9 MilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

ZSPACE (ZSPC)

Market Price (4/29/2026): $0.161Market Cap: $4.9 MilSector: Information TechnologyIndustry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About ZSPACE (ZSPC)

Key Risks to ZSPACE (ZSPC)

Interactive Breakdown

Better Bets vs. ZSPACE (ZSPC)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Recent Forward Guidance [BETA]

Insider Activity

ZSPC Trade Sentinel

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CONVICTION RATIONALE

STOCK ARCHETYPE

INVESTMENT THESIS

PRIMARY RISK

BULL VIEW

CORE TENSION

PREVAILING SENTIMENT

BEAR VIEW

Position Sizing

null

Diversification Alternatives

Repricing Catalyst

Industry Resources

Market Price (4/29/2026): $0.161 | Market Cap: $4.9 Mil
Sector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Market Price (4/29/2026): $0.161
Market Cap: $4.9 Mil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals