Core Viewpoint - The company, 盛视科技, has successfully acquired robotic assets from Aldebaran SAS for €900,000, aiming to enhance its global presence in the robotics sector and expand both ToC and ToB business lines [1][4]. Group 1: Acquisition Details - 盛视科技 announced its participation in the public auction of Aldebaran SAS's robotic assets, successfully winning the bid for €900,000 [1]. - The acquired assets include key technologies and brands from Aldebaran's Nao, Plato, and Pepper robot series [1]. - The company plans to establish 盛视技术法国有限公司 in Paris to manage and operate the acquired assets [1]. Group 2: Aldebaran Company Background - Aldebaran, founded in 2005 and based in Paris, is known for its humanoid robot design, development, and commercialization [1]. - The Nao robot, launched in 2006, is recognized as a benchmark tool for STEM education, utilized by thousands of universities and research institutions globally [2]. - The Pepper robot, introduced in 2014, is one of the first commercial robots capable of recognizing human emotions, widely used in various sectors including commercial services and healthcare [2]. Group 3: Strategic Direction - 盛视科技 aims to leverage Aldebaran's core team and technology to enhance its humanoid robotics business, focusing on integrating these assets into its existing operations [4]. - The company has a solid foundation in robotics, having developed various products including inspection and collaborative robots, and has expanded its business into smart transportation and smart airport sectors [4]. - 盛视科技 has achieved significant breakthroughs in overseas markets, covering countries such as the UAE, Saudi Arabia, and Oman [4].

Younger shoppers are spending less and getting thriftier. Perversely, that's bad news for this thrift store operator.Winmark (WINA -0.72%), the innovative retailer of used toys and clothing best known for its Once Upon a Child and Plato's Closet stores, is seeing some stock selling this morning as its shares tumbled 2% through 12:45 p.m. ET.And why is this happening? It's never 100% certain, but my hunch is that investors may have been spooked by a recent article in The Wall Street Journal, which reported o ...

Shares of leading resale goods franchisor Winmark (WINA -0.72%) were down 16% this week as of 12:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.As of this writing, there appears to be no direct Winmark-related news causing the steady decline in share price. While this lack of news isn't uncommon for the notoriously quiet operator -- CEO Brett Heffes typically only offers a one-sentence comment on each quarter's results -- the 16% drop is eye-catching.Ultimately, however, I ...

Doug Schirle, CFO Didier Lasserre, VP of Sales and Investor Relations Spring 2025 Safe Harbor The statements contained in this presentation that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding GSI Technology's expectations, beliefs, intentions, or strategies regarding the future. All forward- looking statements included in this press release are based upon information available to GS ...

Summary of GSI (GSIT) Conference Call - May 21, 2025 Company Overview - GSI was founded 30 years ago by Leland Shu, the current president and CEO, and went public in February 2007 [2][3] - The company has a market cap of just under $100 million and maintains a significant insider ownership of 27% [6] Financials - GSI finished fiscal year 2025 with revenues of $20.5 million [4] - The company has $13.4 million in cash and cash equivalents and has never carried debt [5] - Operating costs have decreased to $5.6 million in the past quarter, with a cash burn of just over $1.5 million last quarter [40] - Revenues have been growing, attributed mainly to the build-out of AI, with a previous revenue of approximately $4.5 million a year ago [37] Product Lines and Market Focus - GSI specializes in high-density, high-performance memory products, particularly in the SRAM area, which has been profitable and is experiencing growth from the Sigma Quad family [6][7] - The company is expanding into aerospace and AI markets, specifically targeting edge and inference applications with their AI chip, the APU [7][8] - The APU is described as a unique compute-in-memory architecture, allowing for extreme parallel processing with 2 million bit processors [12][14] Technology and Innovation - GSI's APU technology is positioned as a true compute-in-memory solution, contrasting with other companies that offer near-memory processing [12][61] - The APU architecture allows for significant power savings by eliminating the need to transfer data back and forth between memory and processing units [15][16] - The company has two product families: Gemini One and Gemini Two, with Gemini Two expected to be production-worthy soon [24][44] - The upcoming PLATO chip aims to address multimodal generative AI and large language models at the edge, targeting a power consumption of under 10 watts [26][34] Market Opportunities - The AI industry is projected to grow at over 20% CAGR, while the space market is expected to grow at just under 10% CAGR [8] - GSI aims to capture 10-20% of a $100 million market opportunity in radiation-hardened devices for the space industry [10][11] - The company is actively pursuing government funding through SBIRs, having won three grants totaling approximately $3.35 million [41][42] Strategic Initiatives - GSI is focusing on short-term sales with government and military sectors while maintaining discussions with hyperscalers for long-term growth [49] - The company is looking to raise funds for the development of PLATO and the launch of Gemini Two, with a timeline for funding within the next two to three quarters [57][58] - GSI is open to various funding avenues, including equity raises, partnerships, and potential mergers or acquisitions [47] Challenges and Future Outlook - The company acknowledges the need to demonstrate the value of its technology to the market, as current stock prices do not reflect its potential [59] - GSI is optimistic about the future, expecting milestones to kick in during the second half of the year, particularly with the launch of Gemini Two and the development of PLATO [64]

Core Insights - GSI Technology, Inc. (GSIT) shares have increased by 8.1% since the earnings report for the quarter ended March 31, 2025, outperforming the S&P 500 index, which grew by 0.7% during the same period [1] - The stock has seen a significant rise of 47.5% over the past month compared to the S&P 500's 2.8% increase [1] Financial Performance - For Q4 fiscal 2025, GSI Technology reported a net loss of $0.09 per share, an improvement from a net loss of $0.17 per share in the same quarter last year [2] - Net revenues reached $5.9 million, reflecting a 14% year-over-year increase, while gross margin improved to 56.1% from 51.6% a year earlier [2] - The net loss narrowed to $2.2 million from $4.3 million in the previous year [2] Operating Metrics - Operating expenses decreased to $5.6 million from $7.2 million year-over-year, primarily due to a reduction in R&D costs, which fell to $3 million from $4.8 million [3] - Government funding under the SBIR program contributed $0.9 million to offset R&D expenses [3] - SG&A expenses increased slightly to $2.6 million from $2.4 million [3] Revenue Breakdown - Sales to KYEC surged to $1.7 million, representing 29.5% of quarterly revenues, up from $0.5 million (10.6%) in the prior year [4] - Sales to Nokia declined to $0.4 million, or 7.5% of revenues, down from 13.5% a year earlier [4] - Military and defense sales accounted for 30.7% of quarterly shipments, slightly down from 35.5% last year [4] - SigmaQuad sales remained stable at 39.3% of shipments [4] Management Insights - The CEO highlighted strong demand for legacy SRAM products as a key driver of revenue growth and noted a strategic breakthrough with a North American prime contractor for higher-margin radiation-hardened SRAM chips [5] - Additional orders are expected in fiscal 2026, which is seen as pivotal for market access [5] Product Development - Progress continues in the AI product segment with the Gemini-II APU, with production-ready chips expected by the end of Q1 fiscal 2026 [6] - Successful milestones have been achieved under SBIR contracts with the U.S. Space Development Agency and Air Force Research Laboratory [6] - A new enhancement to the Plato processor includes a built-in camera interface, positioning it as a compact solution for edge AI applications [7] Earnings Drivers - Improvements in both top-line and bottom-line performance were attributed to a favorable product mix and cost discipline [8] - Gross margin benefited from increased sales of higher-margin products and better absorption of fixed manufacturing costs [8] - R&D expenses for the full year dropped to $16 million from $21.7 million in fiscal 2024 [9] Fiscal Year Overview - For the full fiscal year, revenues totaled $20.5 million, a decrease of 5.7% from fiscal 2024, while the net loss narrowed to $10.6 million, or $0.42 per share, from $20.1 million, or $0.80 per share a year ago [11] Future Guidance - For Q1 fiscal 2026, GSI expects revenues between $5.5 million and $6.3 million, with gross margin projected at 56% to 58% [12] - Continued momentum in SRAM demand and potential Gemini-II commercialization milestones are expected to support near-term growth [12] Other Developments - The company completed the sale and leaseback of its Sunnyvale headquarters, resulting in a $5.8 million gain and a reduction in working capital [13] - Working capital declined to $16.4 million from $24.7 million a year earlier, with cash and cash equivalents reported at $13.4 million and stockholders' equity at $28.2 million as of March 31, 2025 [13]

GSI (GSIT) Q4 2025 Earnings Call May 01, 2025 04:30 PM ET Company Participants Lee-Lean Shu - Co-Founder, President, CEO & ChairmanDidier Lasserre - VP, SalesDouglas Schirle - CFOJeffrey Bernstein - Partner Conference Call Participants None - Analyst Operator Welcome to GSI Technologies Fourth Quarter and Fiscal Year twenty twenty five Results Conference Call. At this time, all participants are on a listen only mode. Later, we will conduct a question and answer session. At that time, we will provide instruc ...

Financial Data and Key Metrics Changes - Revenue for Q4 2025 increased by 14% year over year and 9% sequentially to $5,900,000 driven by strong demand for SRAM chips [4] - Annual revenue for fiscal year 2025 declined by 6% compared to the prior year, with net loss reduced by 47% from $20,100,000 in 2024 to $10,600,000 [5][24] - Gross margin for Q4 2025 was 56.1%, up from 51.6% in Q4 2024, primarily due to higher revenue and product mix [19] - Total operating expenses in Q4 2025 were $5,600,000, down from $7,200,000 in Q4 2024 [20] Business Line Data and Key Metrics Changes - The primary revenue driver in Q4 2025 was the strong demand for high-density SRAM, particularly from a leading GPU provider [10] - Sales to KYEC were $1,700,000 or 29.5% of net revenues in Q4 2025, compared to $544,000 or 10.6% in the same period a year ago [17] - Military defense sales accounted for 30.7% of Q4 shipments, down from 35.5% in the comparable period a year ago [18] Market Data and Key Metrics Changes - The company anticipates continued demand for its products in fiscal year 2026, particularly from the North American prime contractor for radiation-hardened SRAM [11] - The market for the PLATO chip is focused on large language models (LLM) and generative AI at the edge, while the Gemini II chip targets high-performance computing applications at the edge [30] Company Strategy and Development Direction - The company plans to build on the progress of APU development and continue growth in sales while maintaining operational efficiency [8] - There is a focus on securing funding to support the next phase of development, particularly for the AI strategy [9] - The integration of a camera interface into the PLATO chip enhances its marketability for AI applications requiring object recognition [7] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the demand for radiation-hardened SRAM and the potential for follow-on orders in fiscal year 2026 [11] - The company is exploring strategic alternatives to secure funding and is committed to maintaining operational efficiency [8][9] Other Important Information - The company reported cash and cash equivalents of $13,400,000 as of March 31, 2025, down from $14,400,000 a year earlier [24] - The company achieved a gain on the sale of assets of $5,800,000 from the sale of its headquarters building in a sale and leaseback transaction [22] Q&A Session Summary Question: Can you talk about the market for the PLATO chip and the GEMINI two chip? - The company has not released total addressable market (TAM) numbers yet, but Gemini II is positioned for edge applications, while PLATO targets the LLM market at the edge [28][30] Question: Is the company experiencing interest in the Gemini two chip from commercial companies? - Most early interest has come from military defense applications, but there is also interest in chip-level procurement for drones and satellites [36][38] Question: Can you share more detail on what Needham is bringing to the table? - The specifics are not available at this time, but options could include asset sales or funding opportunities [40][42] Question: What was cash flow from operations in the quarter and what was CapEx? - Cash used in operating activities for the year was about $12,900,000, with minimal CapEx of approximately $45,000 [49][50]

Core Viewpoint - GSI Technology, Inc. reported a significant improvement in its financial performance for the fourth fiscal quarter and the fiscal year ended March 31, 2025, with increased revenues and reduced net losses, driven by strong demand for its legacy SRAM chips and effective cost management [1][4]. Financial Performance Summary - **Fourth Quarter Results**: - Net revenues reached $5.9 million, a 14% increase year-over-year and a 9% increase sequentially [4][9]. - Gross margin improved to 56.1%, up from 51.6% in the same quarter last year [9]. - Operating loss was $(2.3) million, a reduction from $(4.5) million in the prior year [12]. - Net loss was $(2.2) million, or $(0.09) per diluted share, compared to $(4.3) million, or $(0.17) per diluted share, in the fourth quarter of fiscal 2024 [13]. - **Fiscal Year 2025 Results**: - Total net revenues for the fiscal year were $20.5 million, down from $21.8 million in fiscal 2024 [5]. - Gross margin for the year was 49.4%, compared to 54.3% in the previous year, primarily due to product mix and fixed costs [5]. - Operating expenses decreased to $21.0 million from $32.3 million in fiscal 2024, with R&D expenses reduced to $16.0 million from $21.7 million [6]. - The net loss for the fiscal year was $(10.6) million, or $(0.42) per diluted share, compared to $(20.1) million, or $(0.80) per diluted share, in fiscal 2024 [8]. Strategic Developments - The company secured an initial order for radiation-hardened SRAM from a North American prime contractor, with expectations for follow-on orders in fiscal 2026, which are anticipated to have a higher gross margin [4]. - GSI Technology is pursuing heritage status for its radiation-hardened SRAM, which will enhance market readiness and open new sales channels [4]. - The company is on track to deliver production-ready Gemini-II chips and Leda-2 boards by the end of the first quarter of fiscal 2026, with ongoing SBIR programs with the Space Development Agency and US Air Force Research Laboratory [4]. Cash and Equity Position - As of March 31, 2025, the company had $13.4 million in cash and cash equivalents, down from $14.4 million a year earlier [14]. - Working capital decreased to $16.4 million from $24.7 million at the same time last year, and stockholders' equity was $28.2 million, down from $36.0 million [14].