ZRCN INC (ZRCN) Financials
Newest figures come from the 10-Q for Q1 FY2027, filed Sep 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ZRCN SEC filings page.
ZRCN INC (ZRCN) reported $26.6M in revenue over the twelve months to Jun 30, 2026, down 6.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business has moved from FY2024 profitability to deeper FY2026 losses, while working-capital releases keep reported cash flow positive.
FY2026 produced operating cash flow of$1.5M despite a net loss of$7.0M ; the gap points to non-cash charges and working-capital release, not earnings-based cash generation. Depreciation was$700K , while inventory and receivables both declined, helping free cash flow remain positive at$1.2M .
Revenue fell
By FY2026, liabilities exceeded assets by
Financial Health Signals
ZRCN INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
ZRCN INC passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
ZRCN INC reported a net loss of $7.1M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
ZRCN INC reported an operating loss of $5.9M against $739K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
ZRCN INC generated $5.7M in revenue in Q1 2027. This represents a decrease of 5.4% from the same quarter a year earlier. Against the prior quarter it is up 34.9%.
ZRCN INC's EBITDA was -$802K in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
ZRCN INC reported a net loss of $1.5M in Q1 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
ZRCN INC earned -$0.15 per diluted share (EPS) in Q1 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Cash & Balance Sheet
ZRCN INC recorded an outflow of $1.3M in free cash flow in Q1 2027, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 907.1%.
ZRCN INC held $79K in cash as of Q1 2027; no long-term debt figure is on record for that period.
Not reported for Q1 2027.
Margins & Returns
ZRCN INC's gross margin was 34.9% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 12.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.3 percentage points.
ZRCN INC's operating margin was -17.5% in Q1 2027, reflecting core business profitability. This is up 9.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 43.2 percentage points.
ZRCN INC's net profit margin was -27.0% in Q1 2027, showing the share of revenue converted to profit. This is up 6.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 42.7 percentage points.
Not reported for Q1 2027.
Capital Allocation
ZRCN INC invested $432K in research and development in Q1 2027. This represents an increase of 5.1% from the same quarter a year earlier. Against the prior quarter it is up 4.3%.
ZRCN INC invested $20K in capex in Q1 2027, funding long-term assets and infrastructure. This represents a decrease of 78.3% from the same quarter a year earlier. Against the prior quarter it is down 33.3%.
Not reported for Q1 2027.
ZRCN Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.7M-5.4% | $4.3M-25.0% | $7.1M-1.2% | $9.4M+0.7% | $6.1M+4.3% | $5.7M-30.5% | $7.2M-4.0% | $9.4M+1.1% |
| Cost of Revenue | $3.7M-20.3% | $3.3M-15.8% | $4.4M+4.8% | $6.6M+23.5% | $4.7M+35.4% | $3.9M-16.9% | $4.2M-6.2% | $5.4M+9.9% |
| Gross Profit | $2.0M+45.1% | $959K-45.3% | $2.7M-9.5% | $2.8M-29.8% | $1.4M-41.4% | $1.8M-49.0% | $3.0M-0.9% | $4.0M-8.7% |
| R&D Expenses | $432K+5.1% | $414K-10.8% | $407K+4.1% | $428K-0.9% | $411K-3.3% | $464K-0.2% | $391K-15.9% | $432K-14.1% |
| SG&A Expenses | $2.6M-1.5% | $3.1M-6.5% | $3.5M+13.9% | $2.9M-7.6% | $2.6M+10.3% | $3.3M+18.3% | $3.0M+13.4% | $3.1M+13.6% |
| Operating Income | -$1.0Mn/m | -$2.6Mn/m | -$1.1Mn/m | -$510K-214.9% | -$1.6Mn/m | -$2.1M-1449.3% | -$410Kn/m | $444K-60.7% |
| EBITDA | -$802Kn/m | -$2.4Mn/m | -$939K-1143.3% | -$410K-163.7% | -$1.4Mn/m | -$2.0M-550.6% | $90K+2900.0% | $644K-47.7% |
| Interest Expense | $279K+36.8% | $166K-4.6% | $168K-17.6% | $201K-1.0% | $204K-8.5% | $174K-1.7% | $204K-10.9% | $203K+15.3% |
| Income Tax | $99K+450.0% | $32K-94.5% | $19K-87.3% | -$198Kn/m | $18K-14.3% | $577Kn/m | $150K+552.2% | -$175K-231.6% |
| Net Income | -$1.5Mn/m | -$3.0Mn/m | -$1.4M-2954.0% | -$629K-197.5% | -$2.1Mn/m | -$2.9Mn/m | $50Kn/m | $645K-25.6% |
| EPS (Basic) | -$0.15n/m | -$0.28n/m | -$0.14n/m | -$0.06-200.0% | -$0.20n/m | -$0.28n/m | $0.00n/m | $0.06-33.3% |
| EPS (Diluted) | -$0.15n/m | -$0.28n/m | -$0.14n/m | -$0.06-200.0% | -$0.20n/m | -$0.28n/m | $0.00n/m | $0.06-33.3% |
| Diluted Shares (Avg) | 10M+0.3% | N/A | 10M-3.0% | 10M-1.7% | 10M+3.0% | N/A | 11M+7.4% | 11M+5.5% |
ZRCN Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $18.4M-13.5% | $20.3M-13.1% | $22.0M-16.2% | $25.0M-9.9% | $21.2M-12.4% | $23.4M-15.3% | $26.2M-2.4% | $27.8M-3.5% |
| Current Assets | $15.1M-17.3% | $16.8M-17.0% | $19.0M-14.0% | $22.1M-5.1% | $18.3M-7.8% | $20.3M-13.9% | $22.1M-4.8% | $23.3M-6.8% |
| Cash & Equivalents | $79K-87.9% | $784K-44.3% | $742K-60.3% | $40K-90.5% | $655K+75.1% | $1.4M+180.3% | $1.9M+15.5% | $423K+74.0% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Inventory | $9.1M-21.4% | $10.3M-17.3% | $10.3M-20.1% | $10.6M-19.6% | $11.5M-12.3% | $12.5M-11.4% | $12.9M-7.3% | $13.1M-9.9% |
| Accounts Receivable | $5.6M-4.5% | $5.4M-11.0% | $7.5M+8.5% | $11.1M+19.7% | $5.8M-0.5% | $6.1M-29.4% | $6.9M-5.1% | $9.2M-4.8% |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $20.8M+19.4% | $21.4M+20.0% | $20.0M+11.1% | $21.8M+11.4% | $17.4M+6.4% | $17.8M-7.7% | $18.0M+0.7% | $19.6M+1.3% |
| Current Liabilities | $11.4M-30.9% | $12.6M-24.8% | $19.1M+122.7% | $20.9M+129.0% | $16.4M+112.7% | $16.8M-7.4% | $8.6M-48.2% | $9.1M-49.3% |
| Non-Current Liabilities | $9.4M+858.9% | $8.8M+737.8% | $875K-90.7% | $930K-91.1% | $984K-88.6% | $1.0M-13.4% | $9.4M+636.0% | $10.5M+670.2% |
| Total Equity | -$4.2M-305.6% | -$2.8M-170.9% | $131K-98.0% | $1.4M-78.7% | $2.0M-66.4% | $3.9M-40.9% | $6.7M-12.7% | $6.6M-18.8% |
| Retained Earnings | -$12.9Mn/m | -$11.4Mn/m | -$8.4M-223.7% | -$7.0M-203.5% | -$6.3M-203.4% | -$4.3M-163.5% | $6.8M-9.9% | $6.7M-15.9% |
Not reported in any period shown, so not listed: Goodwill, Long-Term Debt.
ZRCN Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.2Mn/m | $185K-69.8% | $2.8M+34.8% | -$1.4Mn/m | -$42K-104.3% | $613Kn/m | $2.1M+51.8% | -$1.5Mn/m |
| Depreciation & Amortization | $200K0.0% | $200K-33.3% | $200K-60.0% | $100K-50.0% | $200K-8.3% | $300K+18.1% | $500K+400.0% | $200K+100.0% |
| Stock-Based Compensation | $56K-16.4% | N/A | $100K0.0% | $100K0.0% | $67K-33.0% | N/A | $100K | $100K |
| Capital Expenditures | $20K-78.3% | $30K-50.8% | $171K+280.0% | $28K-93.0% | $92K-67.7% | $61K+32.6% | $45K-83.5% | $401K+309.2% |
| Free Cash Flow | -$1.3Mn/m | $155K-71.9% | $2.6M+29.3% | -$1.4Mn/m | -$134K-119.2% | $552Kn/m | $2.0M+85.8% | -$1.9Mn/m |
| Investing Cash Flow | -$70Kn/m | -$47Kn/m | -$268Kn/m | -$28Kn/m | -$93Kn/m | -$54K-217.4% | -$48Kn/m | -$401Kn/m |
| Financing Cash Flow | $713Kn/m | -$44Kn/m | -$1.7Mn/m | $1.2M-34.1% | -$694Kn/m | -$872Kn/m | -$767K-313.1% | $1.8M+168.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ZRCN Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-K | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.9%+12.1pp | 22.6%-8.4pp | 38.3%-3.5pp | 29.8%-13.0pp | 22.7%-17.7pp | 31.0%-11.3pp | 41.9%+1.3pp | 42.8%-4.6pp |
| Operating Margin | -17.5%+9.6pp | -60.7%-24.5pp | -15.9%-10.3pp | -5.4%-10.2pp | -27.1%-19.5pp | -36.2%-38.1pp | -5.7%-4.4pp | 4.7%-7.5pp |
| Net Margin | -27.0%+6.9pp | -69.7%-19.1pp | -20.0%-20.6pp | -6.7%-13.6pp | -33.9%-22.4pp | -50.6%-47.9pp | 0.7%+7.0pp | 6.9%-2.5pp |
| Return on Equity | N/A | N/A | -1089.3%-1090.1pp | -44.6%-54.4pp | -100.6%-89.7pp | -73.8%-70.4pp | 0.8%+7.0pp | 9.8%-0.9pp |
| Return on Assets | -8.4%+1.2pp | -14.6%-2.3pp | -6.5%-6.7pp | -2.5%-4.8pp | -9.7%-6.9pp | -12.3%-11.5pp | 0.2%+2.0pp | 2.3%-0.7pp |
| Current Ratio | 1.33+0.2x | 1.33+0.1x | 1.00-1.6x | 1.06-1.5x | 1.11-1.5x | 1.21-0.1x | 2.58+1.2x | 2.55+1.2x |
| Liabilities-to-Equity | N/A | N/A | 152.40+149.7x | 15.48+12.5x | 8.54+5.8x | 4.59+1.6x | 2.69+0.4x | 2.96+0.6x |
| Asset Turnover | 0.310.0x | 0.210.0x | 0.330.0x | 0.380.0x | 0.290.0x | 0.24-0.1x | 0.280.0x | 0.340.0x |
| FCF Margin | -21.8%-19.6pp | 3.6%-6.1pp | 36.4%+8.6pp | -15.3%+5.0pp | -2.2%-14.2pp | 9.7%+10.9pp | 27.8%+13.4pp | -20.3%-12.1pp |
Not reported in any period shown, so not listed: Debt-to-Equity.
Note: Shareholder equity is negative (-$2.8M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where ZRCN INC Ranks
Frequently Asked Questions
What is ZRCN INC's annual revenue?
ZRCN INC (ZRCN) reported $26.9M in total revenue for fiscal year 2026. This represents a -4.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ZRCN INC's revenue growing?
ZRCN INC (ZRCN) revenue declined by 4.2% year-over-year, from $28.1M to $26.9M in fiscal year 2026.
Is ZRCN INC profitable?
No, ZRCN INC (ZRCN) reported a net loss of $6.6M over the trailing 12 months to June 30, 2026. In fiscal year 2026 it reported a net loss of $7.1M, with a net profit margin of -26.3%.
What is ZRCN INC's EBITDA?
ZRCN INC (ZRCN) had EBITDA of -$5.2M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is ZRCN INC's gross margin?
ZRCN INC (ZRCN) had a gross margin of 29.3% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is ZRCN INC's operating margin?
ZRCN INC (ZRCN) had an operating margin of -21.8% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is ZRCN INC's net profit margin?
ZRCN INC (ZRCN) had a net profit margin of -26.3% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is ZRCN INC's free cash flow?
ZRCN INC (ZRCN) generated $1.2M in free cash flow during fiscal year 2026. This represents a -13.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ZRCN INC's operating cash flow?
ZRCN INC (ZRCN) generated $1.5M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are ZRCN INC's total assets?
ZRCN INC (ZRCN) had $20.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What are ZRCN INC's capital expenditures?
ZRCN INC (ZRCN) invested $321K in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.
How much does ZRCN INC spend on research and development?
ZRCN INC (ZRCN) invested $1.7M in research and development during fiscal year 2026.
What is ZRCN INC's current ratio?
ZRCN INC (ZRCN) had a current ratio of 1.33 as of fiscal year 2026, which is considered adequate.
What is ZRCN INC's return on assets (ROA)?
ZRCN INC (ZRCN) had a return on assets of -34.8% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
Why is ZRCN INC's debt-to-equity ratio negative or not reported?
ZRCN INC (ZRCN) has negative shareholder equity of -$2.8M as of fiscal year 2026, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is ZRCN INC's Piotroski F-Score?
ZRCN INC (ZRCN) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ZRCN INC's earnings high quality?
ZRCN INC (ZRCN) reported a net loss of $7.1M while generating $1.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can ZRCN INC cover its interest payments?
ZRCN INC (ZRCN) reported an operating loss of $5.9M against $739K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.