Netlist, Inc. (Netlist) designs, manufactures and sells a range of memory subsystems for datacenter server and high-performance computing and communications markets. The Company's memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs). The Company primarily markets and sells its products to original equipment manufacturer (OEM) customers, hyper scale datacenter operators and storage vendors. The Company's products include NVvault, HyperCloud, and specialty memory modules and flash-based products. The Company's NVvault product line consists primarily of battery-free and battery-powered flash backed cache memory subsystems focusing RAID storage, application acceleration and mission critical data integrity.