ZSPC Chart
About

zSpace, Inc. provides augmented and virtual reality educational technology solutions for K-12 schools, and career and technical education markets in the United States and internationally. The company provides hardware products to produce devices that deliver a 3D experience that includes Inspire, a second-generation laptop product that delivers autostereoscopic 3D graphics which does not require any eyewear or headset; Inspire 2, a third-generation laptop product that delivers autostereoscopic 3D graphics not requiring any eyewear or headset and allows users to interact with and manipulate 3D images; Imagine, a fourth-generation laptop product which delivers autostereoscopic 3D graphics not requiring any eyewear or headset and uses the zSpace hand-held stylus; Tracked stylus which allows users to interact with the projection of the 3D information, as well as precise interaction with the virtual objects in open space; and Original Edition (OE) products, an all-in-one products and OE laptop that uses a proprietary passive circular polarized display to create 3D stereo using lightweight eyewear. It also develops and delivers platform management software that enables the distribution, licensing, and management of web enabled applications; and end user applications, as well as offers StudioA3, an application that allows teachers to build lessons for various subject using pre-made models. In addition, the company provides implementation and professional development services; and training services. Its platform offers a range of educational tools designed for K-12 science, technology, engineering, and math lessons, as well as training skilled trades in areas, such as health sciences, automotive engineering/repair, and software programming and advanced manufacturing. The company was formerly known as Infinite Z, Inc. and changed its name to zSpace, Inc. in February 2013. The company was incorporated in 2006 and is headquartered in San Jose, California.

Fundamentals
Scroll to Statements
Sector Technology Industry Computer Hardware Market Cap 5.16M
Enterprise Value 18.93M Income -21.79M Sales 31.55M
Book/sh -0.74 Cash/sh 0.15 Dividend Yield
Payout 0.00% Employees 78 IPO
P/E 0.19 Forward P/E -0.67 PEG
P/S 0.16 P/B -0.21 P/C
EV/EBITDA -0.98 EV/Sales 0.60 Quick Ratio 0.40
Current Ratio 0.68 Debt/Eq LT Debt/Eq
EPS (ttm) 0.82 EPS next Y -0.23 EPS Growth
Revenue Growth -38.20% Earnings 2026-03-30 ROA -86.54%
ROE ROIC Gross Margin 45.49%
Oper. Margin -54.52% Profit Margin -68.88% Shs Outstand 33.30M
Shs Float 8.44M Short Float 1.88% Short Ratio 0.49
Short Interest 52W High 11.86 52W Low 0.14
Beta Avg Volume 1.21M Volume 913.59K
Target Price $2.30 Recom None Prev Close $0.16
Price $0.15 Change -0.51%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$2.30
Mean price target
2. Current target
$0.16
Latest analyst target
3. DCF / Fair value
$-7.60
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.16
Low
$0.90
High
$3.00
Mean
$2.30

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-14 main Barrington Research Outperform → Outperform $3
2025-09-23 main Barrington Research Outperform → Outperform $5
2025-08-15 reit Roth Capital Buy → Buy $5
2025-08-15 main Barrington Research Outperform → Outperform $5
2025-05-15 main Barrington Research Outperform → Outperform $10
2025-03-31 up Northland Capital Markets Market Perform → Outperform $10
2025-03-31 reit Barrington Research Outperform → Outperform $11
2025-03-03 init Barrington Research — → Outperform $18
2025-02-03 init Roth MKM — → Buy $20
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 12453 6500.0 Sale at price 0.52 per share. KELLENBERGER PAUL Chief Executive Officer 2026-01-06 00:00:00 D
1 7839 4092.0 Sale at price 0.52 per share. DEOLIVEIRA ERICK Chief Financial Officer 2026-01-06 00:00:00 D
2 4550 2375.0 Sale at price 0.52 per share. HARPER MICHAEL S Officer 2026-01-06 00:00:00 D
3 33500 nan KELLENBERGER PAUL Chief Executive Officer 2025-12-31 00:00:00 D
4 3361 nan SWIFT JANE M Director 2025-12-31 00:00:00 D
5 3361 nan MORRIS JOANNA Director 2025-12-31 00:00:00 D
6 21083 nan DEOLIVEIRA ERICK Chief Financial Officer 2025-12-31 00:00:00 D
7 17000 nan HARPER MICHAEL S Officer 2025-12-31 00:00:00 D
8 3361 nan JAIN AMIT S Director 2025-12-31 00:00:00 D
9 3361 nan PANDE ABHAY Director 2025-12-31 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems-75.39K0.000.00
TaxRateForCalcs0.210.000.00
NormalizedEBITDA-17.60M-8.56M-10.05M
TotalUnusualItems-359.00K-1.54M-1.33M
TotalUnusualItemsExcludingGoodwill-359.00K-1.54M-1.33M
NetIncomeFromContinuingOperationNetMinorityInterest-20.82M-13.04M-15.17M
ReconciledDepreciation12.00K32.00K49.00K
ReconciledCostOfRevenue22.53M27.03M22.66M
EBITDA-17.96M-10.10M-11.38M
EBIT-17.97M-10.13M-11.43M
NetInterestIncome-2.81M-2.90M-3.70M
InterestExpense2.81M2.90M3.70M
NormalizedIncome-20.54M-11.49M-13.84M
NetIncomeFromContinuingAndDiscontinuedOperation-20.82M-13.04M-15.17M
TotalExpenses55.76M52.54M45.69M
TotalOperatingIncomeAsReported-17.66M-8.62M-9.90M
DilutedAverageShares22.85M22.57M22.57M
BasicAverageShares22.85M22.57M22.57M
DilutedEPS-0.91-0.85-0.67
BasicEPS-0.91-0.85-0.67
DilutedNIAvailtoComStockholders23.75M-19.27M-15.17M
AverageDilutionEarnings1.22M0.00
NetIncomeCommonStockholders22.52M-19.27M-15.17M
OtherunderPreferredStockDividend-43.35M6.23M
NetIncome-20.82M-13.04M-15.17M
NetIncomeIncludingNoncontrollingInterests-20.82M-13.04M-15.17M
NetIncomeContinuousOperations-20.82M-13.04M-15.17M
TaxProvision34.00K3.00K44.00K
PretaxIncome-20.79M-13.03M-15.13M
OtherIncomeExpense-316.00K-1.52M-1.53M
OtherNonOperatingIncomeExpenses43.00K23.00K-196.00K
SpecialIncomeCharges-359.00K-1.54M-1.33M
OtherSpecialCharges359.00K1.54M1.33M
NetNonOperatingInterestIncomeExpense-2.81M-2.90M-3.70M
InterestExpenseNonOperating2.81M2.90M3.70M
OperatingIncome-17.66M-8.62M-9.90M
OperatingExpense33.23M25.51M23.03M
OtherOperatingExpenses1.68M
ResearchAndDevelopment4.89M4.22M4.67M
SellingGeneralAndAdministration28.33M19.61M18.36M
SellingAndMarketingExpense15.91M12.90M11.59M
GeneralAndAdministrativeExpense12.42M6.71M6.78M
OtherGandA12.42M6.71M6.78M
GrossProfit15.57M16.89M13.13M
CostOfRevenue22.53M27.03M22.66M
TotalRevenue38.10M43.92M35.78M
OperatingRevenue38.10M43.92M35.78M
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber22.85M22.85M22.57M
ShareIssued22.85M22.85M22.57M
NetDebt7.40M16.25M40.66M
TotalDebt11.96M19.07M44.50M
TangibleBookValue-14.69M-130.47M-111.60M
InvestedCapital-2.73M-111.40M-67.10M
WorkingCapital-7.38M-16.21M-48.30M
NetTangibleAssets-14.69M-130.47M-111.60M
CommonStockEquity-14.69M-130.47M-111.60M
TotalCapitalization-8.50M-123.42M-111.60M
TotalEquityGrossMinorityInterest-14.69M-130.47M-111.60M
StockholdersEquity-14.69M-130.47M-111.60M
GainsLossesNotAffectingRetainedEarnings329.00K228.00K164.00K
OtherEquityAdjustments329.00K228.00K164.00K
RetainedEarnings-290.40M-269.58M-256.54M
AdditionalPaidInCapital275.38M138.88M144.78M
CapitalStock0.000.000.00
CommonStock0.000.000.00
TotalLiabilitiesNetMinorityInterest28.22M144.32M129.81M
TotalNonCurrentLiabilitiesNetMinorityInterest7.33M114.43M64.77M
PreferredSecuritiesOutsideStockEquity0.00106.95M64.13M
NonCurrentAccruedExpenses819.00K138.00K0.00
NonCurrentDeferredLiabilities318.00K288.00K641.00K
NonCurrentDeferredRevenue318.00K288.00K641.00K
LongTermDebtAndCapitalLeaseObligation6.19M7.05M
LongTermDebt6.19M7.05M
CurrentLiabilities20.89M29.89M65.04M
OtherCurrentLiabilities2.61M2.55M1.74M
CurrentDeferredLiabilities3.32M2.75M3.80M
CurrentDeferredRevenue3.32M2.75M3.80M
CurrentDebtAndCapitalLeaseObligation5.76M12.02M44.50M
CurrentDebt5.76M12.02M44.50M
OtherCurrentBorrowings3.56M7.83M41.50M
LineOfCredit2.20M4.19M3.00M
PensionandOtherPostRetirementBenefitPlansCurrent2.07M2.31M2.51M
PayablesAndAccruedExpenses7.12M10.25M12.48M
CurrentAccruedExpenses1.47M5.51M8.31M
InterestPayable783.00K1.15M3.83M
Payables5.66M4.74M4.18M
AccountsPayable5.66M4.74M4.18M
TotalAssets13.53M13.85M18.21M
TotalNonCurrentAssets21.00K169.00K1.48M
NonCurrentDeferredAssets0.00148.00K1.43M
NetPPE21.00K21.00K48.00K
CurrentAssets13.51M13.68M16.73M
OtherCurrentAssets-1.00K
CurrentDeferredAssets471.00K382.00K76.00K
RestrictedCash307.00K307.00K225.00K
PrepaidAssets1.76M1.59M1.47M
Inventory3.24M3.54M4.27M
FinishedGoods2.94M3.27M2.92M
RawMaterials303.00K269.00K1.35M
Receivables3.18M5.04M6.85M
AccountsReceivable3.18M5.04M6.85M
AllowanceForDoubtfulAccountsReceivable-44.00K-217.00K-150.00K
GrossAccountsReceivable3.22M5.26M7.00M
CashCashEquivalentsAndShortTermInvestments4.56M2.82M3.84M
CashAndCashEquivalents4.56M2.82M3.84M
Line Item2024-12-312023-12-312022-12-31
FreeCashFlow-8.89M-6.42M-8.91M
RepaymentOfDebt-5.52M-5.24M0.00
IssuanceOfDebt8.50M11.38M8.00M
IssuanceOfCapitalStock10.03M0.00
CapitalExpenditure-13.00K-5.00K-11.00K
InterestPaidSupplementalData1.70M1.46M0.00
IncomeTaxPaidSupplementalData0.000.00
EndCashPosition4.86M3.13M4.06M
BeginningCashPosition3.13M4.06M5.82M
EffectOfExchangeRateChanges141.00K-105.00K212.00K
ChangesInCash1.59M-828.00K-1.97M
FinancingCashFlow10.48M5.59M6.94M
CashFlowFromContinuingFinancingActivities10.48M5.59M6.94M
NetOtherFinancingCharges-2.56M-555.00K-1.07M
ProceedsFromStockOptionExercised34.00K3.00K8.00K
NetCommonStockIssuance10.03M0.00
CommonStockIssuance10.03M0.00
NetIssuancePaymentsOfDebt2.98M6.14M8.00M
NetShortTermDebtIssuance-3.00M3.00M
ShortTermDebtPayments-3.00M0.00
ShortTermDebtIssuance0.003.00M
NetLongTermDebtIssuance2.98M6.14M8.00M
LongTermDebtPayments-5.52M-5.24M0.00
LongTermDebtIssuance8.50M11.38M8.00M
InvestingCashFlow-13.00K-5.00K-11.00K
CashFlowFromContinuingInvestingActivities-13.00K-5.00K-11.00K
CapitalExpenditureReported-13.00K-5.00K-11.00K
OperatingCashFlow-8.87M-6.41M-8.90M
CashFlowFromContinuingOperatingActivities-8.87M-6.41M-8.90M
ChangeInWorkingCapital3.54M2.28M1.90M
ChangeInOtherWorkingCapital601.00K-1.40M947.00K
ChangeInPayablesAndAccruedExpense1.44M2.57M4.44M
ChangeInAccruedExpense515.00K2.01M2.10M
ChangeInInterestPayable1.60M1.30M2.06M
ChangeInPayable921.00K558.00K2.34M
ChangeInAccountPayable921.00K558.00K2.34M
ChangeInPrepaidAssets-256.00K-491.00K66.00K
ChangeInInventory-105.00K-210.00K-1.49M
ChangeInReceivables1.86M1.81M-2.07M
ChangesInAccountReceivables1.86M1.81M-2.07M
OtherNonCashItems59.00K284.00K2.70M
StockBasedCompensation7.74M1.00K20.00K
ProvisionandWriteOffofAssets402.00K807.00K252.00K
AssetImpairmentCharge0.001.68M10.00K
DepreciationAmortizationDepletion12.00K32.00K49.00K
DepreciationAndAmortization12.00K32.00K49.00K
Depreciation12.00K32.00K49.00K
OperatingGainsLosses201.00K1.54M1.33M
GainLossOnInvestmentSecurities-158.00K
NetIncomeFromContinuingOperations-20.82M-13.04M-15.17M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for ZSPC
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status