11:15 AM EDT, 04/04/2024 (MT Newswires) -- Peraso ( PRSO ) said Thursday it received an additional purchase order of about $2.9 million.

The order is non-cancelable and represents "incremental last-time buys" associated with the end-of-life program for the company's memory integrated circuit products, Peraso ( PRSO ) said.

The company said its total booked end-of-life purchase orders amount to about $16.9 million and shipments will extend into 2025.