false
0001279620
0001279620
2026-04-01
2026-04-01
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event
reported): April
1, 2026
| Zoned Properties, Inc. |
| (Exact Name of Registrant as Specified in its Charter) |
| |
| Nevada |
| (State or Other Jurisdiction of Incorporation) |
| 000-51640 |
|
46-5198242 |
| (Commission File Number) |
|
(IRS Employer
Identification No.) |
8360 E. Raintree Drive, #230
Scottsdale, AZ |
|
85260 |
| (Address of Principal Executive Offices) |
|
(Zip Code) |
(Registrant’s telephone number, including
area code): (877) 360-8839
N/A
(Former name, former address and former fiscal
year, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2.)
| ☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
| N/A |
|
N/A |
|
N/A |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02. Results
of Operations and Financial Condition.
On April 1, 2026, Zoned
Properties, Inc. (the “Company”) issued a press release announcing its financial results for the year ended December 31, 2025.
A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the
website is not a part of this current report on Form 8-K.
Item 9.01 Financial
Statement and Exhibits.
(d) Exhibits
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press release of the registrant dated April 1, 2026. |
| 104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
ZONED PROPERTIES, INC. |
| |
|
| Dated: April 1, 2026 |
/s/ Bryan McLaren |
| |
Bryan McLaren |
| |
Chief Executive Officer & Chief Financial Officer |
Exhibit 99.1
Zoned Properties Announces Full Year 2025 Financial
Results
SCOTTSDALE, Ariz., April 1, 2026 /AccessWire/
-- Zoned Properties®, Inc. (“Zoned Properties” or the “Company”) (OTCQB: ZDPY), a technology-driven property
investment company for emerging and highly regulated industries, including legalized cannabis, has reported its financial performance
for the full year ended December 31, 2025.
Selected Financial Highlights for the Full Year Ended December
31, 2025:
| ● | Total revenues were $4,140,458 for the year ended December 31, 2025, compared to total revenues of $3,793,289
for the year ended December 31, 2024, an increase of 9.2%. |
| ● | The Company reported net loss of $2,851,415, or $0.24 per fully diluted share, for the year ended December
31, 2025, as compared to a net income of $573,958, or $0.06 per fully diluted share, for the year ended December 31, 2024, a decrease
from net income to net loss of 597.3%. The change from net income to net loss was primarily attributable to several one-time impairment
losses recorded by the Company. |
| ● | Loss from operations was $1,885,542 for the year ended December 31, 2025, compared to income from operations
of $1,103,170 for the year ended December 31, 2024, a decrease of 270.9%. The change from income from operations to loss from operations
was primarily attributable to several one-time impairment losses recorded by the Company. |
| ● | Cash provided by operating activities was $781,476 for the year ended December 31, 2025, compared to $578,218
for the year ended December 31, 2024, an increase of 35.2%. |
| ● | Operating expenses were $6,026,000 for the year ended December 31, 2025, compared to $2,690,119 for the
year ended December 31, 2024, an increase of 124%. The increase of operating expenses was primarily attributable to several one-time impairment
losses recorded by the Company. |
| ● | The Company had cash on hand of $837,767 as of December 31, 2025, compared to cash on hand of $1,019,980
as of December 31, 2024. |
Management Commentary:
“The past year has underscored just how
challenging the market environment has become for companies operating in the regulated cannabis industry,” said Bryan McLaren,
Chief Executive Officer of Zoned Properties. “Across the sector we have seen large numbers of cannabis operators slow or pause
expansion plans, as the industry remains in regulatory limbo causing significant competitive and capital constraints. Our Company and
our tenants are no exception, and we have been directly impacted by these challenges, causing us to have to record several one-time impairments
related to our projects in Illinois and Michigan. As previously announced and in light of these market realities, the Company’s
leadership and Board determined that pursuing a structured liquidation process represents the most prudent path forward to maximize potential
value for shareholders.
As part of this process, the Company has identified
and engaged professional advisory firms to conduct the go-shop process and to provide a fairness opinion in accordance with the definitive
agreements previously announced. We remain focused on executing this process in a disciplined and transparent manner and look forward
to providing shareholders with a more comprehensive update as we approach the required shareholder vote to approve the proposed liquidation.
At this time, the Company anticipates that the vote to approve the proposed liquidation will take place before the end of the second quarter.”
About Zoned Properties, Inc. (OTCQB: ZDPY):
Zoned Properties Inc. (“Zoned Properties”
or the “Company”) (OTCQB: ZDPY) is a technology-driven property investment company focused on acquiring value-add real estate
within the regulated cannabis industry in the United States.
Headquartered in Scottsdale, Arizona, Zoned Properties
has developed a national ecosystem of real estate services to support its real estate development model, including a commercial real estate
brokerage and a real estate advisory practice. With a decade of national experience and a team of experts devoted to the emerging cannabis
industry, Zoned Properties addresses the specific needs of a modern market in highly regulated industries. The Company targets commercial
properties that face unique zoning or development challenges, identifies solutions that can potentially have a major impact on their commercial
value, and then works to acquire the properties while securing long-term, absolute-net leases.
Zoned Properties targets commercial properties
that can be acquired and rezoned for specific purposes, including the regulated and legalized cannabis industry. It does not grow, harvest,
sell or distribute cannabis or any substances regulated under United States law such as the Controlled Substance Act of 1970, as amended.
For more information, call 877-360-8839 or visit www.ZonedProperties.com.
X: @ZonedProperties
LinkedIn: @ZonedProperties
Safe Harbor Statement
This press release contains forward-looking
statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In
some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,”
“plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and
uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by
such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s filings with the Securities and
Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown,
uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect
actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with
respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations,
growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even
if new information becomes available in the future.
Investor Relations
Zoned Properties, Inc.
Bryan McLaren
Tel (877) 360-8839
Investors@zonedproperties.com
www.zonedproperties.com