NETLIST INC (NLST)

0.89 -0.04 (-4.3%)

As of 2025-12-31 16:00:00 EST

Netlist, Inc. is a Delaware-registered corporation headquartered in Irvine, California that designs and sells high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. It also manufactures a line of specialty and legacy memory products to storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents in the areas of server memory, hybrid memory, storage class memory, rank multiplication and load reduction. Netlist has more than 120 employees and an annual revenue of US$142.4 million as of 2021 The stock was added to NASDAQ in late 2006. In the initial public offering of its common stock in 2006, Netlist sold 6,250,000 shares at $7.00 each. On September 26, 2018, Netlist announced they were moving from NASDAQ and currently trades on the OTCQB.

Traded asOTC: NLST
ISINUS64118P1093
CIK0001282631
LEI529900MRND8QGXGO7Y47
EIN954812784
Sector
IndustrySemiconductors & Related Devices
CEOHong Chun-ki
Employees120
Fiscal Year End1227
Address111 ACADEMY, SUITE 100, IRVINE, CA, 92617
Phone949-435-0025
Websitehttp://netlist.com/
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
NLSTNETLIST INC2025-12-31 16:00:000.89-0.04-4.3
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
NLST0001282631NETLIST INCUS64118P1093529900MRND8QGXGO7Y47954812784OTC3674Semiconductors & Related Devices1227DE111 ACADEMY, SUITE 100IRVINECA92617UNITED STATESUS949-435-0025111 ACADEMY, SUITE 100, IRVINE, CA, 92617111 ACADEMY, SUITE 100, IRVINE, CA, 926172000Hong Chun-ki120http://netlist.com/338,600,000292,659,000307,249,351Netlist, Inc. is a Delaware-registered corporation headquartered in Irvine, California that designs and sells high-performance SSDs and modular memory subsystems to enterprise customers in diverse industries. It also manufactures a line of specialty and legacy memory products to storage customers, appliance customers, system builders and cloud and datacenter customers. Netlist holds a portfolio of patents in the areas of server memory, hybrid memory, storage class memory, rank multiplication and load reduction. Netlist has more than 120 employees and an annual revenue of US$142.4 million as of 2021 The stock was added to NASDAQ in late 2006. In the initial public offering of its common stock in 2006, Netlist sold 6,250,000 shares at $7.00 each. On September 26, 2018, Netlist announced they were moving from NASDAQ and currently trades on the OTCQB.2025-12-25 20:05:59
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NLST Stock Price (End-of-Day)
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NLST Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
2024338,600,000-506,100,000-59.9148273,944,99718,992,6307.4495
2023844,700,000100,600,00013.5197254,952,36719,428,5208.2491
2022744,100,000-255,900,000-25.59235,523,8474,958,3702.1505
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Chun K. HongChief Executive Officer, President, Director2024450,0000997,500109,9141,557,414
Gail SasakiChief Financial Officer, Executive Vice President, Corporate Secretary2024275,0000133,0007,858415,858
Gail SasakiChief Financial Officer, Executive Vice President, Corporate Secretary2023275,0000302,5005,757583,257
Chun K. HongChief Executive Officer, President, Director2023450,00001,509,47593,7322,053,207
Gail SasakiChief Financial Officer, Executive Vice President, Corporate Secretary2022275,0000674,0003,855952,855
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Employee Count
Fiscal YearEmployee Count
202466
202396
2022120
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Income Statements
Fiscal Year202420232022
Revenue147,103,00069,205,000161,637,000
Cost Of Revenue144,219,00066,812,000149,745,000
Gross Profit2,884,0002,393,00011,892,000
Research And Development Expenses8,064,0009,164,00010,624,000
General And Administrative Expenses12,090,00012,414,00014,347,000
Operating Expenses58,112,00064,150,00045,392,000
Operating Income-55,228,000-61,757,000-33,500,000
Net Income-53,865,000-60,398,000-33,370,000
Earnings Per Share Basic-0.21-0.25-0.14
Earnings Per Share Diluted-0.21-0.25-0.14
Weighted Average Shares Outstanding Basic259,904,000244,118,000231,487,000
Weighted Average Shares Outstanding Diluted259,904,000244,118,000231,487,000
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Balance Sheet Statements
Fiscal Year202420232022
Cash And Cash Equivalents22,507,00040,445,00025,011,000
Marketable Securities Current
Accounts Receivable1,671,0004,562,0008,242,000
Inventories2,744,00012,031,00010,686,000
Non Trade Receivables
Other Assets Current
Total Assets Current39,755,00069,879,00063,847,000
Marketable Securities Non Current
Property Plant And Equipment517,000770,0001,138,000
Other Assets Non Current
Total Assets Non Current2,084,0002,920,0003,476,000
Total Assets41,839,00072,799,00067,323,000
Accounts Payable42,307,00039,831,00028,468,000
Deferred Revenue40,000
Short Term Debt1,230,0003,844,0004,935,000
Other Liabilities Current2,675,0002,569,0002,635,000
Total Liabilities Current47,060,00047,590,00038,073,000
Long Term Debt
Other Liabilities Non Current186,000237,000270,000
Total Liabilities Non Current827,0001,450,0002,014,000
Total Liabilities47,887,00049,040,00040,087,000
Common Stock273,000254,000233,000
Retained Earnings-337,688,000-283,823,000-223,425,000
Accumulated Other Comprehensive Income
Total Shareholders Equity-6,048,00023,759,00027,236,000
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Cash Flow Statements
Fiscal Year202420232022
Depreciation And Amortization345,000368,000340,000
Share Based Compensation Expense4,436,0004,337,0003,214,000
Other Non Cash Income Expense
Change In Accounts Receivable-2,891,000-3,680,000-4,485,000
Change In Inventories-9,287,0001,345,000-4,984,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable2,476,00011,363,0002,581,000
Change In Other Liabilities-37,000-606,0001,587,000
Cash From Operating Activities-34,585,000-41,601,000-14,995,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment71,000467,000
Acquisition Of Business
Other Investing Activities
Cash From Investing Activities-71,0000-467,000
Tax Withholding For Share Based Compensation
Payments Of Dividends
Issuance Of Common Stock19,456,00052,058,0004,436,000
Repurchase Of Common Stock23,400,0004,400,000
Issuance Of Long Term Debt
Repayment Of Long Term Debt500,000447,000562,000
Other Financing Activities
Cash From Financing Activities16,418,00050,835,000594,000
Change In Cash-18,238,0009,234,000-14,868,000
Cash At End Of Period22,507,00040,445,00025,011,000
Income Taxes Paid1,0001,0001,000
Interest Paid101,00047,00090,000
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Key Metrics
Fiscal Year202420232022
Earnings Per Share-0.21-0.25-0.14
Price To Earnings Ratio-3.9881-7.52-8.2143
Earnings Growth Rate-1678.5714-800
Price Earnings To Growth Ratio0.2493-0.09570.0103
Book Value Per Share-0.02330.09730.1177
Price To Book Ratio-35.990319.31659.7742
Ebitda-53,519,000-58,729,000-32,972,000
Enterprise Value
Dividend Yield
Dividend Payout Ratio
Debt To Equity Ratio
Capital Expenditures92,0000489,000
Free Cash Flow-34,677,000-41,601,000-15,484,000
Return On Equity8.9062-2.5421-1.2252
One Year Beta0.10370.84690.5408
Three Year Beta0.53020.52370.457
Five Year Beta0.45590.47530.4448
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
WELCHER BLAKEDirector2025-11-26100,000A175,000
SASAKI GAIL MEVP and CFO2025-11-26200,000A539,368
Cho JunDirector2025-11-26150,000A230,000
Hong Chun KDirector, President, CEO and Chairman2025-11-261,000,000A8,054,382
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Hilltop Partners LLC2025-09-3011,26511,9460.943
Opus Capital Group, LLC2025-09-3018,00019,5000.9231
Hilltop Partners LLC2025-06-307,70210,9460.7036
Opus Capital Group, LLC2025-06-3014,00019,5000.7179
Opus Capital Group, LLC2025-03-3119,00019,5000.9744
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
RBB FUND, INC.2024-02-29INSTITUTIONALBPLSX-39,991-63,985.6-0.1058
RBB FUND, INC.2024-02-29INVESTORBPLEX-39,991-63,985.6-0.1058
RBB FUND, INC.2023-11-30INSTITUTIONALBPLSX-40,754-52,165.12-0.0858
RBB FUND, INC.2023-11-30INVESTORBPLEX-40,754-52,165.12-0.0858
RBB FUND, INC.2023-08-31INSTITUTIONALBPLSX-42,125-84,250-0.1239
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