ZeroStack Corp.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
ZSTK$2.53-5.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Loss and Comprehensive Loss
| ZeroStack Corp. (formerly Flora Growth Corp.) | ||
|---|---|---|
| Consolidated Statements of Loss and Comprehensive Loss | ||
| (in thousands of United States dollars, except per share amounts which are in thousands of shares) | ||
| For the year endedDecember 31, 2025 | For the year endedDecember 31, 2024 | |
| Revenue | $35,676 | $35,865 |
| Cost of sales | 34,027 | 33,669 |
| Gross profit | 1,649 | 2,196 |
| Operating expenses | ||
| Loss from changes in fair value of digital assets | 142,997 | - |
| Consulting and management fees | 5,239 | 3,972 |
| Professional fees | 2,602 | 2,271 |
| Share based compensation | 1,208 | 2,779 |
| General and administrative | 1,391 | 1,929 |
| Travel | 274 | 226 |
| Bad debt | 323 | - |
| Operating lease | 151 | 102 |
| Depreciation and amortization | 23 | 25 |
| Asset impairments | 46 | 32 |
| Other expenses (income), net | 2,047 | (215) |
| Total operating expenses | 156,301 | 11,121 |
| Operating loss | (154,652) | (8,925) |
| Interest expense, net | 199 | 139 |
| Foreign exchange (income) loss | (41) | 462 |
| Gain on disposal of Insolvent Entities | (1,119) | - |
| Changes in financial instruments fair value | (38,340) | (202) |
| Net loss before income taxes and discontinued operations | (115,351) | (9,324) |
| Income tax expense | 59 | 22 |
| Net loss from continuing operations | (115,410) | (9,346) |
| Loss from discontinued operations, net of taxes | (4,322) | (6,561) |
| Net loss for the year | $(119,732) | $(15,907) |
| Basic loss per share from continuing operations | $(41.92) | $(29.39) |
| Diluted loss per share from continuing operations | $(41.92) | $(29.39) |
| Basic loss per share attributable to ZeroStack Corp. | $(43.49) | $(50.02) |
| Diluted loss per share attributable to ZeroStack Corp. | $(43.49) | $(50.02) |
| Weighted average number of common shares outstanding - basic | 2,753 | 318 |
| Weighted average number of common shares outstanding - diluted | 2,753 | 318 |
| Comprehensive loss: | ||
| Net loss | $(119,732) | $(15,907) |
| Derecognition of equity related to Insolvent Entities, net of income taxes of $nil ($nil in 2024) | (595) | - |
| Derecognition of equity related to discontinued operations, net of income taxes of $nil ($nil in 2024) | 489 | - |
| Foreign currency translation, net of income taxes of $nil ($nil in 2024) | 507 | (81) |
| Comprehensive loss attributable to ZeroStack Corp. | $(119,331) | $(15,988) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.