# Netlist Inc (NLST)

> Cited company facts from SEC filings, by Steadybase. Web page: https://steadybase.io/company/netlist-inc/ JSON: https://steadybase.io/company/netlist-inc.json Checked Nov 10, 2026. Latest filing read: Aug 11, 2026.

## Company

- Legal name: NETLIST INC
- Ticker: NLST (OTC)
- SEC CIK: 0001282631
- Industry: Semiconductors & Related Devices (SIC 3674)
- Headquarters: Irvine, CA
- Fiscal year ends: January 2
- SEC filer category: Non-accelerated filer<br>Smaller reporting company
- Website: netlist.com
- Investor relations: https://investors.netlist.com/
- LinkedIn: https://www.linkedin.com/company/netlist
- Next earnings date: Nov 14, 2026 (estimated from past 8-K timing)

## Key facts

- Revenue: $188.6M for the fiscal year ended Dec 27, 2025 (10-K filed Mar 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/0001104659-26-032152-index.html
- Operating income: -$25.5M for the fiscal year ended Dec 27, 2025 (10-K filed Mar 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/0001104659-26-032152-index.html
- Net income: -$24.8M for the fiscal year ended Dec 27, 2025 (10-K filed Mar 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/0001104659-26-032152-index.html
- SG&A: $13.2M for the fiscal year ended Dec 27, 2025 (10-K filed Mar 19, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/0001104659-26-032152-index.html
- Employees: 72 as of Dec 27, 2025, as reported in an SEC filing. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/nlst-20251227x10k.htm
- Shares outstanding: 349,583,129 as of Aug 6, 2026 (10-Q filed Aug 11, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926094127/0001104659-26-094127-index.html
- Auditor: Macias Gini & O’Connell LLP, Irvine, California, named in the latest 10-K. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/nlst-20251227x10k.htm

## Business

We are a leading innovator in advanced memory and storage solutions. With a rich portfolio of patented technologies, our inventions are foundational to the advancement of artificial intelligence (“AI”) computing.

Source: Item 1. Business, https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/nlst-20251227x10k.htm

## Annual results

| Fiscal year ended | Revenue | Operating income | Net income | SG&A |
|---|---|---|---|---|
| Dec 27, 2025 | $188.6M | -$25.5M | -$24.8M | $13.2M |
| Dec 28, 2024 | $147.1M | -$55.2M | -$53.9M | $12.1M |
| Dec 30, 2023 | $69.2M | -$61.8M | -$60.4M | $12.4M |
| Dec 31, 2022 | $161.6M | -$33.5M | -$33.4M | $14.3M |
| Jan 1, 2022 | $142.4M | $11.4M | $4.8M | $10.8M |

Each figure comes from the annual report for that year. Filing links for every figure: https://steadybase.io/company/netlist-inc.json

## Officers and directors

- Chun K. Hong, President, CEO and Chairman. Source: Form 4 filed Jul 17, 2026, https://www.sec.gov/Archives/edgar/data/1282631/000110465926084769/0001104659-26-084769-index.htm
- Gail M. Sasaki, EVP and CFO. LinkedIn: https://linkedin.com/in/gail-sasaki-67450223. Source: Form 4 filed Aug 19, 2026, https://www.sec.gov/Archives/edgar/data/1282631/000110465926098891/0001104659-26-098891-index.htm

## Recent 8-K events

- Oct 6, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.02, Unregistered sales of equity securities; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926113897/tm2626949d1_8k.htm
- Sep 21, 2026: Item 5.07, Submission of matters to a vote of security holders. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926109358/tm2625779d1_8k.htm
- Aug 5, 2026: Item 1.01, Entry into a material definitive agreement; Item 3.02, Unregistered sales of equity securities; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926090641/tm2622153d1_8k.htm
- Jul 30, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926088464/tm2621423d1_8k.htm
- Jul 2, 2026: Item 5.02, Departure or appointment of directors or officers; compensation; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926080376/tm2619389d2_8k.htm
- May 12, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926059024/tm2613581d1_8k.htm
- Mar 9, 2026: Item 1.01, Entry into a material definitive agreement; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926024873/tm267784d2_8k.htm
- Mar 3, 2026: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926022538/tm267784d1_8k.htm
- Nov 6, 2025: Item 2.02, Results of operations and financial condition (earnings release); Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465925107421/tm2529692d1_8k.htm
- Oct 7, 2025: Item 1.01, Entry into a material definitive agreement; Item 3.03, Material modification to rights of security holders; Item 8.01, Other events; Item 9.01, Financial statements and exhibits. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465925097229/tm2528064d2_8k.htm

## Insider trades (Form 4)

- Aug 17, 2026: Gail M. Sasaki (EVP and CFO) sold 100,000 shares, about $691,000. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926098891/0001104659-26-098891-index.htm
- Aug 12, 2026: Gail M. Sasaki (EVP and CFO) sold 25,000 shares, about $112,250. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926097412/0001104659-26-097412-index.htm
- Aug 5, 2026: Gail M. Sasaki (EVP and CFO) sold 25,000 shares, about $99,750. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926092853/0001104659-26-092853-index.htm
- Jun 8, 2026: Chun K. Hong (President, CEO and Chairman) sold 40,000 shares, about $108,800. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926071994/0001104659-26-071994-index.htm
- May 15, 2026: Gail M. Sasaki (EVP and CFO) sold 8,876 shares, about $23,344. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926064032/0001104659-26-064032-index.htm
- May 11, 2026: Gail M. Sasaki (EVP and CFO) sold 25,000 shares, about $87,250. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926060515/0001104659-26-060515-index.htm
- Apr 23, 2026: Jun Cho (Director) sold 20,000 shares, about $41,600. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926048803/0001104659-26-048803-index.htm
- Apr 22, 2026: Blake Welcher (Director) sold 37,500 shares, about $75,000. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926048802/0001104659-26-048802-index.htm
- Mar 25, 2026: Jun Cho (Director) sold 10,000 shares, about $18,900. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926035441/0001104659-26-035441-index.htm
- Mar 17, 2026: Blake Welcher (Director) sold 37,500 shares, about $62,250. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926031555/0001104659-26-031555-index.htm
- Mar 16, 2026: Gail M. Sasaki (EVP and CFO) sold 20,898 shares, about $31,347. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926028730/0001104659-26-028730-index.htm
- Mar 16, 2026: Chun K. Hong (President, CEO and Chairman) sold 343,995 shares, about $515,993. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926028711/0001104659-26-028711-index.htm
- Jan 5, 2026: Chun K. Hong (President, CEO and Chairman) sold 250,000 shares, about $250,000. Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926000916/0001104659-26-000916-index.htm

## What management said

- "Netlist delivered its second consecutive quarter of significant revenue growth and improved profitability" C.K. Hong, Chief Executive Officer (8-K filed Jul 30, 2026). Source: https://www.sec.gov/Archives/edgar/data/1282631/000110465926088464/tm2621423d1_ex99-1.htm

## Latest filings

- 8-K filed Oct 6, 2026: https://www.sec.gov/Archives/edgar/data/1282631/000110465926113897/tm2626949d1_8k.htm
- 10-K filed Mar 19, 2026: https://www.sec.gov/Archives/edgar/data/1282631/000110465926032152/nlst-20251227x10k.htm
- 10-Q filed Aug 11, 2026: https://www.sec.gov/Archives/edgar/data/1282631/000110465926094127/nlst-20260627x10q.htm
- DEF 14A filed Jul 31, 2026: https://www.sec.gov/Archives/edgar/data/1282631/000110465926089249/nlst-20260918xdef14a.htm

## About this data

SEC EDGAR filings, read by Steadybase. Every value links to the filing it came from.
Steadybase covers US-headquartered public companies that file with the SEC. API and MCP access: https://steadybase.io/docs/