Core Insights - zSpace, Inc. has announced a strategic partnership with The Glimpse Group, Inc. to launch the Medical Assisting Skills Virtual Trainer aimed at expanding access to healthcare career pathways [1][3] - The new software application allows students to practice 33 essential clinical and administrative skills in a safe and engaging virtual environment, supporting Nursing and Allied Health programs [2][3] - The partnership addresses the critical shortage of healthcare workers by providing scalable, immersive solutions that equip students with hands-on skills necessary for high-demand careers [3][4] Company Overview - zSpace, Inc. specializes in augmented reality (AR) and AI-powered immersive learning experiences, serving K-12 STEM, K-12 CTE, post-secondary CTE, and workforce development programs [6] - The company has over 3,500 educational institutions as clients and holds more than 70 patents in immersive technology [6] - The Glimpse Group, Inc. is a diversified immersive technology platform company that provides enterprise-focused immersive tech, spatial computing, and AI software and services [5] Product Details - The Medical Assisting Skills Virtual Trainer is aligned with Certified Medical Assistant (AAMA) standards and offers unlimited practice opportunities for students [3] - The application is designed to support both classroom instruction and remote learning environments, helping students build confidence and reduce errors [2][3] - The software is now available to educational institutions across the U.S., with options for personalized demonstrations [4]

Core Viewpoint - zSpace, Inc. is set to present at the 2025 Annual Gateway Conference, highlighting its leadership in immersive augmented reality solutions for education [1][5]. Company Participation - zSpace's management will present on September 4 at 11:00 a.m. PT, with the presentation available for live webcast and replay [2]. - Executives from zSpace will be available for one-on-one meetings throughout the conference [2]. Media Engagement - zSpace will participate in a recorded interview with host Katie Perry, aimed at engaging Stocktwits' retail investor audience of over 10 million [3]. Conference Overview - The Gateway Conference connects growth-stage companies with investors, analysts, and partners, featuring presentations and meetings with over 75 public and private companies [5][6]. Company Background - zSpace, Inc. specializes in augmented reality and AI-powered immersive learning experiences, serving K-12 and post-secondary education sectors [8]. - The company is trusted by over 3,500 educational institutions and holds over 70 patents in immersive technology [8].

Core Insights - zSpace, Inc. has launched zKnow, an AI assistant designed to enhance the educational experience by providing instant answers to educators regarding immersive learning content and technical resources [1][2][3] - The introduction of zKnow follows the success of zSpace's Career Coach AI, which has received multiple awards, highlighting the company's commitment to meaningful AI integration in education [3][4] Immediate Impact for Educators - zKnow significantly reduces the time educators spend searching for information, allowing them to focus more on student instruction [2][3] - The AI assistant provides context-aware guidance tailored to immersive learning environments, ensuring that educators receive precise and actionable information [3][6] Proven AI Leadership in Education - zSpace's AI solutions have been recognized with prestigious awards, reaffirming the company's leadership in educational technology [3][4] - zKnow is a domain-specific solution, trained on zSpace's content library, ensuring accuracy and alignment with educational standards [4][6] Market Leadership Through Innovation - The launch of zKnow positions zSpace as a leader in the $8.7 billion immersive learning market, addressing the challenge of adoption complexity [7] - zSpace's focus on secure, purpose-built AI resonates with education decision-makers who prioritize student privacy and regulatory compliance [8] Key Features of zKnow - Instant access to a vast array of interactive lessons and curriculum resources [6] - Context-aware guidance that integrates AR/VR technologies with various subject areas [6] - A privacy-first design that complies with educational data governance frameworks [6]

Financial Data and Key Metrics Changes - First half revenues were $14.2 million, down 7% year on year, with software and services up 2% and hardware revenues down 13% [14][15] - Q2 revenues were $7.5 million, flat year on year, with hardware performance growing 3% and software and services declining 5% [19][20] - Gross profit for the first half was $6.4 million, up 11% year on year, with gross margins at 44.9%, up 7.5 percentage points [17][18] - Q2 gross profit was $3.2 million, up 5% year on year, with gross margins at 42.6%, up 2.1 percentage points [20][21] Business Line Data and Key Metrics Changes - Software and services revenues were up 2% year on year, while hardware revenues were down 13% for the first half [14][15] - K-12 customers accounted for 68% of bookings value, down from 70% in the prior year, while DTE customers drove 32% of value, up from 30% [16] - CTE content of bookings for the three months ended June 30 was 35%, up seven percentage points over the prior year quarter [50] Market Data and Key Metrics Changes - Bookings for the six-month period ending June 30 were $15.5 million, down 34% year on year, with a 21% decline in the U.S. and rest of the world markets outside of China, and an 88% increase in bookings from China [15][16] - Q2 bookings were $7.1 million, down 54% year on year, reflecting a 31% decline in the U.S. and rest of the world markets outside China, and a 100% decrease in bookings from China [19][20] Company Strategy and Development Direction - The company is focused on four key policy trends impacting its business, including decentralization of federal funding and expansion of school choice [5][6] - The integration of the Second Avenue acquisition and the launch of the Career Explorer application are expected to drive growth in the software business [8] - The company is investing in AI assistance to improve student outcomes through personalized learning [8] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding the unfreezing of federal funding, which may positively impact customer decision-making [27][28] - The company is facing challenges due to delays and constraints around funding, but customer demand remains strong [11][12] - Management refrained from providing formal financial guidance due to ongoing uncertainty in the K-12 segment [23] Other Important Information - The annualized contract value of renewable software was $10.9 million, up 11% compared to twelve months ago [15] - The net dollar revenue retention rate was 131%, significantly up from 97% in the previous quarter [61] Q&A Session Summary Question: Any 3Q trends that you can highlight? - Management is cautiously optimistic about the unfreezing of federal funding and its potential impact on customer behavior [27][28] Question: How is AI incorporated in new offerings? - The company is using machine learning in its next-generation stylus and has launched the zSpace AI assistant within the Career Explorer application [29][30] Question: What is the impact of tariffs in the second half? - Tariff costs are being passed through on a dollar basis, but there is some percentage-based compression of margins [41][42] Question: What is the current backlog? - The backlog at the end of Q2 was $7.3 million for confirmed orders but not yet fulfilled [46] Question: Can you provide more details on CTE? - CTE sales are predominantly in K-12 high schools, with a focus on career exploration starting as early as grades five and six [52][55] Question: What is the driver of the significant improvement in net dollar revenue retention? - The improvement is attributed to significant orders from existing customers who expanded their footprint [62][64] Question: Can you recap the capital raises since the March close? - The company closed on a $20 million convertible offering and an equity line of credit with a maximum capacity of $30 million [71][72]

Part I. Financial Information [Item 1. Financial Statements (Unaudited)](index=4&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents the unaudited condensed consolidated financial statements, including the balance sheets, statements of operations and comprehensive loss, statements of temporary redeemable preferred stock and stockholders' deficit, and cash flows, along with detailed notes explaining the company's business, accounting policies, debt, equity, and other financial components [Condensed Consolidated Balance Sheets](index=4&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) This section provides a snapshot of the company's financial position, detailing assets, liabilities, and stockholders' deficit at specific points in time Condensed Consolidated Balance Sheets (in thousands) | Metric | June 30, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total Assets | $12,137 | $13,532 | | Total Liabilities | $34,433 | $28,220 | | Total Stockholders' Deficit | $(22,296) | $(14,688) | | Cash, cash equivalents and restricted cash | $1,390 | $4,864 | | Convertible debt (current & noncurrent) | $10,943 | $— | - Total assets decreased by **$1,395 thousand**, while total liabilities increased by **$6,213 thousand**, leading to a larger stockholders' deficit of **$7,608 thousand** as of June 30, 2025, compared to December 31, 2024[13](index=13&type=chunk) [Condensed Consolidated Statements of Operations and Comprehensive Loss](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20and%20Comprehensive%20Loss) This section outlines the company's financial performance over specific periods, detailing revenues, expenses, and net loss Condensed Consolidated Statements of Operations and Comprehensive Loss (in thousands) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | Revenue | $7,459 | $7,503 | $14,218 | $15,344 | | Gross profit | $3,174 | $3,033 | $6,380 | $5,735 | | Total operating expenses | $9,503 | $6,562 | $18,093 | $20,653 | | Loss from operations | $(6,329) | $(3,529) | $(11,713) | $(14,918) | | Net loss | $(6,102) | $(4,746) | $(11,934) | $(16,993) | | Comprehensive loss | $(6,161) | $(4,709) | $(12,065) | $(16,882) | | Net loss per common share – basic and diluted | $(0.27) | $(27.73) | $(0.52) | $(98.57) | - Net loss increased by **$1,356 thousand (29%)** for the three months ended June 30, 2025, but decreased by **$5,059 thousand (30%)** for the six months ended June 30, 2025, compared to the respective prior periods[16](index=16&type=chunk) - Revenue slightly decreased by **1%** for the three-month period and by **7%** for the six-month period year-over-year[16](index=16&type=chunk) [Condensed Consolidated Statements of Temporary Redeemable Preferred Stock and Stockholders' Deficit](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Temporary%20Redeemable%20Preferred%20Stock%20and%20Stockholders'%20Deficit) This section details changes in the company's temporary redeemable preferred stock and stockholders' deficit, reflecting equity transactions and net losses Changes in Stockholders' Deficit (in thousands) | Metric | June 30, 2025 | June 30, 2024 | | :--- | :--- | :--- | | Total Stockholders' Deficit | $(22,296) | $(140,003) | | Stock based compensation (Six Months Ended) | $2,828 | $7,350 | | Net loss (Six Months Ended) | $(11,934) | $(16,993) | | Issuance of common stock for note conversions (Six Months Ended June 30, 2025) | $1,532 | $— | - The total stockholders' deficit significantly reduced from **$(140,003) thousand** as of June 30, 2024, to **$(22,296) thousand** as of June 30, 2025, primarily due to the conversion of preferred stock to common stock and other equity activities[20](index=20&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section presents the company's cash inflows and outflows from operating, investing, and financing activities over specific periods Condensed Consolidated Statements of Cash Flows (in thousands) | Cash Flow Activity | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | | Net cash used in operating activities | $(11,567) | $(5,688) | | Net cash used in investing activities | $(15) | $(7) | | Net cash provided by financing activities | $8,275 | $5,742 | | Net decrease in cash, cash equivalents and restricted cash | $(3,474) | $(156) | | Cash, cash equivalents and restricted cash, end of period | $1,390 | $2,972 | - Net cash used in operating activities increased significantly to **$(11,567) thousand** for the six months ended June 30, 2025, from **$(5,688) thousand** in the prior year, primarily due to net loss and changes in operating assets and liabilities[241](index=241&type=chunk) - Net cash provided by financing activities increased to **$8,275 thousand**, driven by **$13,000 thousand** in proceeds from convertible debt, partially offset by **$6,780 thousand** in debt repayments[245](index=245&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=9&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) This section provides detailed explanations and additional information supporting the condensed consolidated financial statements [1. Description of Business and Basis of Presentation](index=9&type=section&id=1.%20DESCRIPTION%20OF%20BUSINESS%20AND%20BASIS%20OF%20PRESENTATION) This section describes the company's core business activities and the accounting principles used in preparing its financial statements - zSpace, Inc. develops full-service augmented reality/virtual reality (AR/VR) solutions for K-12 education and career technical education, generating revenue from hardware sales and recurring software subscriptions[24](index=24&type=chunk) - The Company has incurred net losses of **$6.1 million** and **$11.9 million** for the three and six months ended June 30, 2025, respectively, and negative cash flows from operations of **$11.6 million** for the six months ended June 30, 2025[28](index=28&type=chunk) - These recurring losses and negative cash flows raise substantial doubt about the Company's ability to continue as a going concern for at least twelve months from the issuance date[30](index=30&type=chunk) [2. Summary of Significant Accounting Policies](index=11&type=section&id=2.%20SUMMARY%20OF%20SIGNIFICANT%20ACCOUNTING%20POLICIES) This section outlines the key accounting principles, methods, and estimates applied in the preparation of the financial statements - The Company is an emerging growth company (EGC) and has elected to use the extended transition period for complying with new or revised accounting standards[34](index=34&type=chunk) - Convertible debt is measured at fair value using the fair value option under ASC 825, with changes recognized in earnings, simplifying accounting by eliminating the need to bifurcate embedded derivatives[41](index=41&type=chunk) Fair Value Hierarchy for Financial Instruments (in thousands) | (in thousands) | Level 1 | Level 2 | Level 3 | Total | | :--- | :--- | :--- | :--- | :--- | | **As of June 30, 2025:** | | | | | | Money market funds | $158 | $— | $— | $158 | | Convertible debt subject to credit risk analysis | $— | $10,943 | $— | $10,943 | | **As of December 31, 2024:** | | | | | | Money market funds | $3,228 | $— | $— | $3,228 | [3. Revenue](index=17&type=section&id=3.%20REVENUE) This section details the company's revenue recognition policies and disaggregates revenue by recognition method and product/service type - The Company accounts for revenue in accordance with ASC Topic 606, recognizing revenue as performance obligations are satisfied, which involves identifying contracts, performance obligations, transaction price, and allocation[43](index=43&type=chunk) Revenue Disaggregation by Recognition Method (in thousands) | Recognition Method | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :--- | :--- | :--- | :--- | :--- | | Point in time | $7,110 | $7,066 | $13,478 | $14,436 |

[Press Release Introduction](index=1&type=section&id=Press%20Release%20Introduction) zSpace announced its financial results for Q2 and H1 2025, highlighting its position as a leader in AR/VR education solutions [Company Announcement](index=1&type=section&id=Company%20Announcement) zSpace, a leader in augmented and virtual reality solutions for education, announced its financial results for the three and six months ended June 30, 2025 - zSpace (NASDAQ: ZSPC), a leader in augmented and virtual reality solutions for education, announced its financial results for the three and six months ended June 30, 2025[1](index=1&type=chunk) [CEO's Strategic and Operational Review](index=1&type=section&id=CEO%27s%20Strategic%20and%20Operational%20Review) CEO reviewed strategic progress, new products, and customer engagement despite macroeconomic headwinds [CEO Commentary](index=1&type=section&id=CEO%20Commentary) CEO Paul Kellenberger highlighted strategic progress including the launch of Career Explorer, expanded customer engagement, and accelerated AI Assistant development. Despite macroeconomic challenges and shifting education funding, zSpace believes its solutions align with state-level autonomy and workforce development, positioning it for sustained momentum and long-term growth - zSpace successfully launched its new Career Explorer application, expanded customer engagement with major deployments in New York and California, and accelerated development of its AI Assistant[2](index=2&type=chunk) - Despite macroeconomic conditions and shifting U.S. education funding policies, zSpace believes it is uniquely positioned to sustain momentum, aligning with growing state-level autonomy and workforce development priorities[2](index=2&type=chunk) [Second Quarter 2025 Highlights](index=1&type=section&id=Second%20Quarter%202025%20Highlights) Q2 2025 highlights: flat revenue, increased gross margin, higher net loss, and product achievements [Financial Summary Highlights](index=1&type=section&id=Financial%20Summary%20Highlights) For Q2 2025, zSpace reported flat revenue year-over-year at $7.5 million, an increase in gross margin to 43% (up 213 basis points), and an increased net loss of ($6.1) million compared to ($4.7) million in the prior year period Q2 2025 Financial Summary Highlights | Metric | Q2 2025 | Q2 2024 | Change | | :---------------- | :------ | :------ | :----- | | Revenue | $7.5 million | $7.5 million | 0% | | Gross margin | 43% | 40% | +213 bps | | Net loss | ($6.1) million | ($4.7) million | (29.8%) | [Recent Business Achievements](index=1&type=section&id=Recent%20Business%20Achievements) In Q2 2025, zSpace received the Future's Best of Show Award for its zSpace Imagine headset-free AR/VR laptop, unveiled the Career Explorer™ application with Career Coach AI™, and recognized Upper Bucks County Technical School as a zSpace School of Distinction for integrating AR/VR technology in CTE - zSpace Imagine headset-free AR/VR laptop solution won the Future's Best of Show Award at ISTELive 25, marking the second consecutive year for this recognition[4](index=4&type=chunk) - Unveiled Career Explorer™ application at ISTELive 25, an innovative AR/VR tool for grades 5–8 to explore high-demand careers, featuring Career Coach AI™ for personalized guidance[4](index=4&type=chunk) - Upper Bucks County Technical School (UBCTS) was named a zSpace School of Distinction for leadership in integrating immersive AR/VR technology into Career and Technical Education (CTE)[4](index=4&type=chunk) [Detailed Second Quarter 2025 Financial Results](index=2&type=section&id=Detailed%20Second%20Quarter%202025%20Financial%20Results) Detailed Q2 2025 financial results analyze revenue, gross margin, operational metrics, expenses, and balance sheet [Revenue and Gross Margin Performance](index=2&type=section&id=Revenue%20and%20Gross%20Margin%20Performance) Q2 2025 revenue remained flat at $7.5 million due to funding uncertainty and delivery delays. Gross margins increased to 43% (up 213 basis points) driven by improved hardware cost profiles and more Company-owned software content. Excluding specific shipping costs and software license write-offs, the gross margin would have been 46% - Revenue in the second quarter of 2025 was **$7.5 million**, flat compared to the second quarter of 2024, primarily due to funding uncertainty and delays in committed order delivery[5](index=5&type=chunk) - Gross margins increased by **213 basis points to 43%** in Q2 2025, driven by improvements in hardware cost profiles and more Company-owned software content[5](index=5&type=chunk) - Excluding **$0.1 million** of shipping costs and **$0.2 million** of software license write-offs, the gross margin for Q2 2025 would have been **46%**[7](index=7&type=chunk) [Key Operational Metrics Analysis](index=2&type=section&id=Key%20Operational%20Metrics%20Analysis) Annualized Contract Value (ACV) of renewable software grew 11% year-over-year to $10.9 million. Net Dollar Revenue Retention (NDRR) for customers with over $50,000 ACV was 131%. However, bookings significantly decreased by 54% year-over-year to $7.2 million Key Operational Metrics | Metric | Value (June 30, 2025) | YoY Change | | :-------------------------- | :-------------------- | :--------- | | Annualized Contract Value (ACV) | $10.9 million | +11% | | Net Dollar Revenue Retention (NDRR) | 131% | N/A | | Bookings (Q2 2025) | $7.2 million | -54% | [Operating Expenses and Net Loss](index=2&type=section&id=Operating%20Expenses%20and%20Net%20Loss) Operating expenses, excluding stock-based compensation, increased to $7.7 million in Q2 2025 from $6.5 million in Q2 2024. This contributed to an increased net loss of ($6.1) million in Q2 2025, compared to ($4.7) million in the prior year Operating Expenses and Net Loss | Metric | Q2 2025 | Q2 2024 | | :------------------------------------ | :---------- | :---------- | | Operating expenses (excl. stock-based comp) | $7.7 million | $6.5 million | | Net loss | ($6.1) million | ($4.7) million | [Balance Sheet Overview](index=2&type=section&id=Balance%20Sheet%20Overview) As of June 30, 2025, zSpace held $1.4 million in cash, cash equivalents, and restricted cash, a decrease from $3.0 million as of June 30, 2024 Cash Position | Metric | June 30, 2025 | June 30, 2024 | | :------------------------------------ | :-------------- | :-------------- | | Cash, cash equivalents and restricted cash | $1.4 million | $3.0 million | [Corporate Information and Disclosures](index=2&type=section&id=Corporate%20Information%20and%20Disclosures) Corporate information details conference call, company profile, metric definitions, forward-looking statements, and contacts [Conference Call Details](index=2&type=section&id=Conference%20Call%20Details) zSpace will host a conference call on Thursday, August 14, 2025, at 5:00 p.m. ET / 2:00 p.m. PT with its CEO and CFO to discuss the financial results. A live webcast and replay will be available on the investor relations website - A conference call will be hosted on **Thursday, August 14, 2025, at 5:00 p.m. ET / 2:00 p.m. PT**[11](index=11&type=chunk) - The call will feature CEO Paul Kellenberger and CFO Erick DeOliveira[11](index=11&type=chunk) - A live webcast and replay will be available on the Events and Presentations section of zSpace's investor relations website[11](index=11&type=chunk)[12](index=12&type=chunk) [About zSpace, Inc.](index=3&type=section&id=About%20zSpace%2C%20Inc.) zSpace, Inc. (NASDAQ: ZSPC) provides innovative AR/VR experiences for STEM, CTE, and career readiness programs, trusted by over 3,500 educational institutions. Headquartered in San Jose, California, the company holds over 70 patents and its "learning by doing" solutions have been shown to enhance learning and student test scores - zSpace, Inc. (NASDAQ: ZSPC) delivers innovative augmented and virtual reality (AR/VR) experiences for STEM, CTE, and career readiness programs[13](index=13&type=chunk) - The company is trusted by over **3,500 school districts**, technical centers, community colleges, and universities[13](index=13&type=chunk) - zSpace holds over **70 patents**, and its hands-on 'learning by doing' solutions have been shown to enhance learning and drive higher student test scores[13](index=13&type=chunk) [Key Metric Definitions (Non-GAAP)](index=3&type=section&id=Key%20Metric%20Definitions%20%28Non-GAAP%29) This section defines key operational metrics used by zSpace to evaluate its business: Bookings (customer orders indicating future revenue), Annualized Contract Value (ACV) of active renewable software licenses, and Net Dollar Revenue Retention (NDRR) for customers with over $50,000 ACV. These are non-GAAP measures, provided as supplemental information for investors - **Bookings:** An internal operational measure representing customer orders with hardware, software, and service components, indicating future revenue[15](index=15&type=chunk) - **Annualized Contract Value (ACV):** An internal operational measure used to monitor the ability to retain and grow the customer base for renewable software licenses[16](index=16&type=chunk) - **Net Dollar Revenue Retention (NDRR):** An internal operational measure calculated by comparing current period ACV from prior period customers (with at least **$50,000 ACV**) to their prior period ACV, including upsells and net of contraction/attrition

Core Insights - zSpace reported its financial results for the second quarter and first half of 2025, highlighting strategic progress despite macroeconomic challenges [1][2] Financial Performance - Revenue for Q2 2025 was $7.5 million, unchanged from Q2 2024, amid funding uncertainties and order delivery delays [4][7] - Gross margin increased by 213 basis points to 43% compared to 40% in Q2 2024, attributed to better hardware cost profiles and more company-owned software content [4][7] - Net loss for Q2 2025 was ($6.1) million, compared to a net loss of ($4.7) million in Q2 2024 [9][7] - Operating expenses, excluding stock-based compensation, rose to $7.7 million in Q2 2025 from $6.5 million in Q2 2024 [9] Business Highlights - The launch of the Career Explorer application and the acquisition of Second Avenue Learning were significant milestones for zSpace [2] - zSpace's zSpace Imagine headset-free AR/VR laptop solution won the Future's Best of Show Award at ISTELive 25, marking the second consecutive year for this recognition [7] - The Career Explorer application is designed for students in grades 5–8 to explore high-demand careers through immersive simulations [7] Customer Metrics - Annualized Contract Value (ACV) of renewable software increased by 11% year-over-year to $10.9 million as of June 30, 2025 [8] - Net Dollar Revenue Retention (NDRR) was 131% for customers with over $50,000 of ACV, indicating strong customer retention and growth [8] Balance Sheet - As of June 30, 2025, zSpace had approximately $1.4 million in cash and cash equivalents, down from $3.0 million a year earlier [10] - Total liabilities were $34.4 million, a decrease from $42.8 million as of June 30, 2024 [20]

SAN JOSE, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) -- zSpace (NASDAQ: ZSPC) ("zSpace" or the "Company"), a leader in immersive learning, today announced that Chinle Unified School District, located in the heart of the Navajo Nation, is transforming student learning by integrating zSpace into classrooms. Through this partnership, students now have access to hands-on STEM experiences and career exploration opportunities that were previously out of reach. Spanning over 4,200 square miles in Arizona's high desert ...

Core Viewpoint - zSpace plans to release its financial results for the second quarter of 2025 on August 14, 2025, after market close [1] Group 1: Financial Results Announcement - zSpace will host a conference call on August 14, 2025, at 5:00 p.m. ET to discuss the second quarter results, featuring CEO Paul Kellenberger and CFO Erick DeOliveira [2] - A live webcast of the conference call will be available on zSpace's investor relations website, and a replay will be accessible for a limited time [2] Group 2: Company Overview - zSpace, Inc. specializes in augmented and virtual reality (AR/VR) experiences aimed at enhancing STEM, CTE, and career readiness programs [3] - The company is trusted by over 3,500 educational institutions, including school districts and universities, to provide immersive learning experiences [3] - zSpace holds over 70 patents and its solutions have been shown to improve learning outcomes, as evidenced by a study published in the Journal of Computer Assisted Learning in 2021 [3]

Core Insights - zSpace has been awarded the Future's Best of Show Award at ISTE 2025 for its headset-free AR/VR laptop solution, zSpace Imagine, in the Primary Education category, marking the second consecutive year of recognition [1] - The award highlights zSpace's commitment to providing transformative technology for K–12 education, higher education, and workforce development [1] Company Overview - zSpace, Inc. specializes in augmented and virtual reality (AR/VR) experiences aimed at enhancing learning in STEM, Career and Technical Education (CTE), and career readiness programs [5] - The company is trusted by over 3,500 educational institutions, including school districts, technical centers, community colleges, and universities [5] - zSpace holds over 70 patents and focuses on hands-on learning experiences that improve student engagement and test scores [5] Product Details - zSpace Imagine is the first AR/VR laptop designed specifically for primary education, offering immersive learning experiences without the need for headsets [3] - The device features a stylus-enabled, glasses-free 3D display, allowing students to engage with STEM and core subjects in interactive ways [3] Awards and Recognition - The Best of Show Awards are evaluated by industry experts based on innovation, feature set, reliability, and performance [2] - zSpace's previous award in 2024 recognized its innovative Career Readiness Solution, which includes Career Coach AI™ [1][4]