Symbols / ZSPC $0.09 -7.84% zSpace, Inc.

Technology • Computer Hardware • United States • NCM
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 current generation laptop product that delivers autostereoscopic 3D graphics which does not require any eyewear or headset; Imagine, a fourth-generation laptop product which delivers autostereoscopic 3D graphics not requiring any eyewear or headset and uses the zSpace hand-held stylus; and 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. It also develops and delivers platform management software that enables the distribution, licensing, and management of web enabled applications; and end user applications. 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 3.63M
Enterprise Value 20.94M Income -25.39M Sales 27.86M
Book/sh -0.70 Cash/sh 0.02 Dividend Yield —
Payout 0.00% Employees 54 IPO —
P/E 0.14 Forward P/E -0.41 PEG —
P/S 0.13 P/B -0.14 P/C —
EV/EBITDA -0.95 EV/Sales 0.75 Quick Ratio 0.12
Current Ratio 0.38 Debt/Eq — LT Debt/Eq —
EPS (ttm) -1.01 EPS next Y -0.23 EPS Growth —
Revenue Growth -43.20% Earnings 2026-05-13 ROA -131.06%
ROE — ROIC — Gross Margin 47.60%
Oper. Margin -116.24% Profit Margin -91.13% Shs Outstand 38.65M
Shs Float 19.66M Short Float 1.47% Short Ratio 0.15
Short Interest — 52W High 10.66 52W Low 0.08
Beta — Avg Volume 1.48M Volume 159.28M
Target Price $0.38 Recom Buy Prev Close $0.10
Price $0.09 Change -7.84%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$0.38
Mean price target
2. Current target
$0.09
Latest analyst target
3. DCF / Fair value
$-4.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.09
Low
$0.15
High
$0.50
Mean
$0.38

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-31 main Barrington Research Outperform → Outperform $1
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
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-01-06 KELLENBERGER PAUL Chief Executive Officer — 12,453 $0.52 $6,500
2026-01-06 DEOLIVEIRA ERICK Chief Financial Officer — 7,839 $0.52 $4,092
2026-01-06 HARPER MICHAEL S Officer — 4,550 $0.52 $2,375
2025-12-31 KELLENBERGER PAUL Chief Executive Officer — 33,500 — —
2025-12-31 SWIFT JANE M Director — 3,361 — —
2025-12-31 MORRIS JOANNA Director — 3,361 — —
2025-12-31 DEOLIVEIRA ERICK Chief Financial Officer — 21,083 — —
2025-12-31 HARPER MICHAEL S Officer — 17,000 — —
2025-12-31 JAIN AMIT S Director — 3,361 — —
2025-12-31 PANDE ABHAY Director — 3,361 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
27.86
-26.88%
38.10
-13.26%
43.92
+22.74%
35.78
Operating Revenue
27.86
-26.88%
38.10
-13.26%
43.92
+22.74%
35.78
Cost Of Revenue
14.60
-35.21%
22.53
-16.65%
27.03
+19.30%
22.66
Reconciled Cost Of Revenue
14.60
-35.21%
22.53
-16.65%
27.03
+19.30%
22.66
Gross Profit
13.26
-14.82%
15.57
-7.84%
16.89
+28.69%
13.13
Operating Expense
35.40
+6.55%
33.23
+30.26%
25.51
+10.76%
23.03
Research And Development
5.30
+8.28%
4.89
+16.00%
4.22
-9.60%
4.67
Selling General And Administration
30.10
+6.25%
28.33
+44.50%
19.61
+6.77%
18.36
Selling And Marketing Expense
16.23
+1.99%
15.91
+23.39%
12.90
+11.33%
11.59
General And Administrative Expense
13.87
+11.70%
12.42
+85.08%
6.71
-1.03%
6.78
Other Gand A
13.87
+11.70%
12.42
+85.08%
6.71
-1.03%
6.78
Other Operating Expenses
—
—
1.68
—
Total Expenses
50.00
-10.33%
55.76
+6.13%
52.54
+14.99%
45.69
Operating Income
-22.14
-25.39%
-17.66
-104.97%
-8.62
+13.01%
-9.90
Total Operating Income As Reported
-22.14
-25.39%
-17.66
-104.97%
-8.62
+13.01%
-9.90
EBITDA
-23.89
-32.98%
-17.96
-77.82%
-10.10
+11.27%
-11.38
Normalized EBITDA
-23.89
-35.69%
-17.60
-105.64%
-8.56
+14.83%
-10.05
Reconciled Depreciation
0.01
-16.67%
0.01
-62.50%
0.03
-34.69%
0.05
EBIT
-23.90
-32.95%
-17.97
-77.38%
-10.13
+11.37%
-11.43
Total Unusual Items
0.00
+100.00%
-0.36
+76.70%
-1.54
-15.52%
-1.33
Total Unusual Items Excluding Goodwill
0.00
+100.00%
-0.36
+76.70%
-1.54
-15.52%
-1.33
Special Income Charges
0.00
+100.00%
-0.36
+76.70%
-1.54
-15.52%
-1.33
Other Special Charges
—
0.36
-76.70%
1.54
+15.52%
1.33
Net Income
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Pretax Income
-25.37
-22.05%
-20.79
-59.51%
-13.03
+13.85%
-15.13
Net Non Operating Interest Income Expense
-1.48
+47.50%
-2.81
+2.93%
-2.90
+21.54%
-3.70
Interest Expense Non Operating
1.48
-47.50%
2.81
-2.93%
2.90
-21.54%
3.70
Net Interest Income
-1.48
+47.50%
-2.81
+2.93%
-2.90
+21.54%
-3.70
Interest Expense
1.48
-47.50%
2.81
-2.93%
2.90
-21.54%
3.70
Other Income Expense
-1.75
-455.38%
-0.32
+79.18%
-1.52
+0.78%
-1.53
Other Non Operating Income Expenses
-1.75
-4181.40%
0.04
+86.96%
0.02
+111.73%
-0.20
Tax Provision
0.01
-58.82%
0.03
+1033.33%
0.00
-93.18%
0.04
Tax Rate For Calcs
0.00
+0.00%
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
+100.00%
-0.08
0.00
0.00
Net Income Including Noncontrolling Interests
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Net Income From Continuing Operation Net Minority Interest
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Net Income From Continuing And Discontinued Operation
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Net Income Continuous Operations
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Normalized Income
-25.39
-23.61%
-20.54
-78.68%
-11.49
+16.94%
-13.84
Net Income Common Stockholders
-25.39
-212.72%
22.52
+216.89%
-19.27
-27.00%
-15.17
Otherunder Preferred Stock Dividend
0.00
+100.00%
-43.35
-795.44%
6.23
—
Diluted EPS
—
-0.91
-6.73%
-0.85
-27.00%
-0.67
Basic EPS
—
-0.91
-6.73%
-0.85
-27.00%
-0.67
Basic Average Shares
—
22.85
+1.25%
22.57
+0.00%
22.57
Diluted Average Shares
—
22.85
+1.25%
22.57
+0.00%
22.57
Diluted NI Availto Com Stockholders
-25.39
-206.91%
23.75
+223.24%
-19.27
-27.00%
-15.17
Average Dilution Earnings
0.00
-100.00%
1.22
0.00
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
7.59
-43.94%
13.53
-2.27%
13.85
-23.95%
18.21
Current Assets
6.49
-49.86%
12.93
-5.45%
13.68
-18.25%
16.73
Cash Cash Equivalents And Short Term Investments
0.71
-84.38%
4.56
+61.54%
2.82
-26.46%
3.84
Cash And Cash Equivalents
0.71
-84.38%
4.56
+61.54%
2.82
-26.46%
3.84
Cash Equivalents
0.17
-94.61%
3.23
—
—
Cash Financial
0.54
-59.52%
1.33
—
—
Receivables
1.44
-54.72%
3.18
-36.98%
5.04
-26.47%
6.85
Accounts Receivable
1.44
-54.72%
3.18
-36.98%
5.04
-26.47%
6.85
Gross Accounts Receivable
1.53
-52.42%
3.22
-38.75%
5.26
-24.94%
7.00
Allowance For Doubtful Accounts Receivable
-0.09
-113.64%
-0.04
+79.72%
-0.22
-44.67%
-0.15
Inventory
2.40
-25.76%
3.24
-8.40%
3.54
-17.27%
4.27
Raw Materials
0.31
+3.30%
0.30
+12.64%
0.27
-80.07%
1.35
Finished Goods
2.09
-28.76%
2.94
-10.13%
3.27
+11.73%
2.92
Prepaid Assets
1.48
+24.58%
1.18
-25.67%
1.59
+8.59%
1.47
Current Deferred Assets
0.15
-68.79%
0.47
+23.30%
0.38
+402.63%
0.08
Restricted Cash
0.31
+0.65%
0.31
+0.00%
0.31
+36.44%
0.23
Other Current Assets
—
-0.00
—
—
Total Non Current Assets
1.10
+83.81%
0.60
+254.44%
0.17
-88.56%
1.48
Net PPE
0.04
+76.19%
0.02
+0.00%
0.02
-56.25%
0.05
Goodwill And Other Intangible Assets
0.98
+69.72%
0.58
—
—
Other Intangible Assets
0.98
+69.72%
0.58
—
—
Non Current Deferred Assets
—
0.00
-100.00%
0.15
-89.64%
1.43
Other Non Current Assets
0.08
—
—
—
Total Liabilities Net Minority Interest
30.09
+6.64%
28.22
-80.45%
144.32
+11.18%
129.81
Current Liabilities
17.31
-17.14%
20.89
-30.10%
29.89
-54.05%
65.04
Payables And Accrued Expenses
4.78
-32.93%
7.12
-30.48%
10.25
-17.90%
12.48
Payables
4.08
-27.85%
5.66
+19.45%
4.74
+13.36%
4.18
Accounts Payable
4.08
-27.85%
5.66
+19.45%
4.74
+13.36%
4.18
Current Accrued Expenses
0.70
-52.52%
1.47
-73.37%
5.51
-33.63%
8.31
Pensionand Other Post Retirement Benefit Plans Current
1.15
-44.70%
2.07
-10.41%
2.31
-7.73%
2.51
Current Debt And Capital Lease Obligation
7.60
+31.92%
5.76
-52.03%
12.02
-73.00%
44.50
Current Debt
7.60
+31.92%
5.76
-52.03%
12.02
-73.00%
44.50
Other Current Borrowings
7.60
+113.48%
3.56
-54.50%
7.83
-81.14%
41.50
Current Deferred Liabilities
1.91
-42.51%
3.32
+20.70%
2.75
-27.60%
3.80
Current Deferred Revenue
1.91
-42.51%
3.32
+20.70%
2.75
-27.60%
3.80
Other Current Liabilities
1.87
-28.20%
2.61
+2.08%
2.55
+46.72%
1.74
Total Non Current Liabilities Net Minority Interest
12.78
+74.44%
7.33
-93.60%
114.43
+76.67%
64.77
Long Term Debt And Capital Lease Obligation
10.11
+63.29%
6.19
-12.22%
7.05
—
Long Term Debt
10.11
+63.29%
6.19
-12.22%
7.05
—
Non Current Deferred Liabilities
0.32
+0.63%
0.32
+10.42%
0.29
-55.07%
0.64
Non Current Deferred Revenue
0.32
+0.63%
0.32
+10.42%
0.29
-55.07%
0.64
Preferred Securities Outside Stock Equity
—
0.00
-100.00%
106.95
+66.77%
64.13
Stockholders Equity
-22.51
-53.24%
-14.69
+88.74%
-130.47
-16.91%
-111.60
Common Stock Equity
-22.51
-53.24%
-14.69
+88.74%
-130.47
-16.91%
-111.60
Capital Stock
0.00
0.00
0.00
0.00
Common Stock
0.00
0.00
0.00
0.00
Share Issued
32.35
+41.59%
22.85
+0.00%
22.85
+1.25%
22.57
Ordinary Shares Number
32.35
+41.59%
22.85
+0.00%
22.85
+1.25%
22.57
Additional Paid In Capital
293.14
+6.45%
275.38
+98.29%
138.88
-4.07%
144.78
Retained Earnings
-315.79
-8.74%
-290.40
-7.72%
-269.58
-5.08%
-256.54
Gains Losses Not Affecting Retained Earnings
0.14
-56.53%
0.33
+44.30%
0.23
+39.02%
0.16
Other Equity Adjustments
0.14
-56.53%
0.33
+44.30%
0.23
+39.02%
0.16
Total Equity Gross Minority Interest
-22.51
-53.24%
-14.69
+88.74%
-130.47
-16.91%
-111.60
Total Capitalization
-12.40
-45.92%
-8.50
+93.12%
-123.42
-10.59%
-111.60
Working Capital
-10.83
-36.02%
-7.96
+50.90%
-16.21
+66.44%
-48.30
Invested Capital
-4.79
-75.45%
-2.73
+97.55%
-111.40
-66.02%
-67.10
Total Debt
17.71
+48.16%
11.96
-37.31%
19.07
-57.15%
44.50
Net Debt
17.00
+129.81%
7.40
-54.47%
16.25
-60.04%
40.66
Net Tangible Assets
-23.49
-53.86%
-15.27
+88.30%
-130.47
-16.91%
-111.60
Tangible Book Value
-23.49
-53.86%
-15.27
+88.30%
-130.47
-16.91%
-111.60
Interest Payable
0.01
-98.47%
0.78
-32.03%
1.15
-69.95%
3.83
Line Of Credit
0.00
-100.00%
2.20
-47.43%
4.19
+39.63%
3.00
Non Current Accrued Expenses
2.35
+187.42%
0.82
+493.48%
0.14
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-17.97
-102.49%
-8.87
-38.44%
-6.41
+27.99%
-8.90
Cash Flow From Continuing Operating Activities
-17.97
-102.49%
-8.87
-38.44%
-6.41
+27.99%
-8.90
Net Income From Continuing Operations
-25.39
-21.92%
-20.82
-59.73%
-13.04
+14.08%
-15.17
Depreciation Amortization Depletion
0.01
-16.67%
0.01
-62.50%
0.03
-34.69%
0.05
Depreciation
0.01
-16.67%
0.01
-62.50%
0.03
-34.69%
0.05
Depreciation And Amortization
0.01
-16.67%
0.01
-62.50%
0.03
-34.69%
0.05
Other Non Cash Items
2.01
+3308.47%
0.06
-79.23%
0.28
-89.49%
2.70
Stock Based Compensation
7.12
-7.95%
7.74
+773400.00%
0.00
-95.00%
0.02
Provisionand Write Offof Assets
0.23
-43.53%
0.40
-50.19%
0.81
+220.24%
0.25
Asset Impairment Charge
0.09
0.00
-100.00%
1.68
+16730.00%
0.01
Operating Gains Losses
—
0.20
-86.96%
1.54
+15.52%
1.33
Gain Loss On Investment Securities
—
-0.16
—
—
Change In Working Capital
-2.04
-157.63%
3.54
+55.40%
2.28
+19.71%
1.90
Change In Receivables
1.65
-11.64%
1.86
+2.76%
1.81
+187.80%
-2.07
Changes In Account Receivables
1.65
-11.64%
1.86
+2.76%
1.81
+187.80%
-2.07
Change In Inventory
0.65
+720.95%
-0.10
+50.00%
-0.21
+85.86%
-1.49
Change In Prepaid Assets
-0.50
-94.53%
-0.26
+47.86%
-0.49
-843.94%
0.07
Change In Payables And Accrued Expense
-2.43
-269.22%
1.44
-44.08%
2.57
-42.18%
4.44
Change In Accrued Expense
-0.85
-266.02%
0.52
-74.38%
2.01
-4.15%
2.10
Change In Payable
-1.57
-271.01%
0.92
+65.05%
0.56
-76.19%
2.34
Change In Account Payable
-1.57
-271.01%
0.92
+65.05%
0.56
-76.19%
2.34
Change In Other Working Capital
-1.41
-334.78%
0.60
+142.84%
-1.40
-248.15%
0.95
Investing Cash Flow
-0.03
-100.00%
-0.01
-160.00%
-0.01
+54.55%
-0.01
Cash Flow From Continuing Investing Activities
-0.03
-100.00%
-0.01
-160.00%
-0.01
+54.55%
-0.01
Capital Expenditure
-0.03
-100.00%
-0.01
-160.00%
-0.01
+54.55%
-0.01
Capital Expenditure Reported
-0.03
-100.00%
-0.01
-160.00%
-0.01
+54.55%
-0.01
Financing Cash Flow
14.38
+37.21%
10.48
+87.61%
5.59
-19.52%
6.94
Cash Flow From Continuing Financing Activities
14.38
+37.21%
10.48
+87.61%
5.59
-19.52%
6.94
Net Issuance Payments Of Debt
8.71
+192.67%
2.98
-51.52%
6.14
-23.26%
8.00
Issuance Of Debt
17.00
+100.00%
8.50
-25.29%
11.38
+42.23%
8.00
Repayment Of Debt
-8.29
-50.07%
-5.52
-5.44%
-5.24
0.00
Long Term Debt Issuance
17.00
+100.00%
8.50
-25.29%
11.38
+42.23%
8.00
Long Term Debt Payments
-8.29
-50.07%
-5.52
-5.44%
-5.24
0.00
Net Long Term Debt Issuance
8.71
+192.67%
2.98
-51.52%
6.14
-23.26%
8.00
Short Term Debt Issuance
—
—
0.00
-100.00%
3.00
Short Term Debt Payments
—
—
-3.00
0.00
Net Short Term Debt Issuance
—
—
-3.00
-200.00%
3.00
Net Common Stock Issuance
5.58
-44.39%
10.03
0.00
—
Proceeds From Stock Option Exercised
0.16
+361.76%
0.03
+1033.33%
0.00
-62.50%
0.01
Net Other Financing Charges
-0.06
+97.61%
-2.56
-360.36%
-0.56
+47.94%
-1.07
Changes In Cash
-3.61
-326.52%
1.59
+292.63%
-0.83
+57.99%
-1.97
Effect Of Exchange Rate Changes
-0.23
-263.12%
0.14
+234.29%
-0.10
-149.53%
0.21
Beginning Cash Position
4.86
+55.50%
3.13
-22.97%
4.06
-30.22%
5.82
End Cash Position
1.02
-79.01%
4.86
+55.50%
3.13
-22.97%
4.06
Free Cash Flow
-18.00
-102.49%
-8.89
-38.53%
-6.42
+28.03%
-8.91
Interest Paid Supplemental Data
0.58
-66.02%
1.70
+16.95%
1.46
0.00
Income Tax Paid Supplemental Data
0.02
0.00
0.00
0.00
Change In Interest Payable
0.76
-52.37%
1.60
+23.10%
1.30
-36.78%
2.06
Common Stock Issuance
5.58
-44.39%
10.03
0.00
—
Issuance Of Capital Stock
5.58
-44.39%
10.03
0.00
—
SEC Filings

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

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