Name | Value |
---|---|
Revenues | 10.6M |
Cost of Revenue | 5.4M |
Gross Profit | 5.2M |
Operating Expense | 8.0M |
Operating I/L | -2.8M |
Other Income/Expense | 0.4M |
Interest Income | 0.0M |
Pretax | -2.4M |
Income Tax Expense | 0.1M |
Net Income/Loss | -2.5M |
Everspin Technologies, Inc. specializes in the manufacturing and sale of magnetoresistive random access memory (MRAM) products globally. Their product line includes Toggle MRAM, spin-transfer torque MRAM, and tunnel magneto resistance sensor products, as well as foundry services for embedded MRAM. These products cater to various sectors such as data center, industrial, medical, automotive/transportation, and aerospace markets. The company generates revenue by providing MRAM solutions to original equipment manufacturers and original design manufacturers through direct sales, as well as a network of representatives and distributors.