Here are the 10-Q quarterly reports from Z Squared Inc. (ZSQR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ZSQR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ZSQR filings page.
Z Squared Inc., newly focused on crypto asset mining and computing infrastructure after its reverse acquisition of Old Z Squared and spin-out of most legacy biopharma assets, reported its first post-merger quarter for the period ended June 30, 2026. The business now generates Dogecoin and Litecoin through merged mining and is developing AI and high-density compute/data center capabilities.
For the quarter, the company generated $1.58 million in revenue from DOGE and LTC mining, but incurred $3.35 million in cost of revenue, leading to a gross loss of $1.77 million. Operating expenses were substantial at $12.03 million, driven mainly by $7.03 million of stock-based compensation and $4.20 million of professional services, resulting in a net loss attributable to common stockholders of $13.72 million (basic and diluted loss per share of $0.28).
Total assets were $134.51 million, including $106.93 million of goodwill from the business combination, $11.28 million of mining equipment and $0.45 million of co-development rights. Cash and cash equivalents increased to $15.49 million, supported by $15.42 million of equity proceeds under a standby equity purchase agreement and a $275,000 convertible note that fully converted into equity. Management concluded existing cash is sufficient for at least 12 months of currently planned operations, while any larger AI and data center expansion will require additional external capital.