Z Squared Inc.
For the period ended Jun 30, 2026. Filed Aug 13, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Aug 13, 2026
ZSQR$2.30-17.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited)
| Six Months Ended | ||||
|---|---|---|---|---|
| June 30, 2026 · June 30, 2025 | ||||
| OPERATING ACTIVITIES | ||||
| Net loss | $(13,794,775) | $ | - | |
| Adjustments to reconcile net loss to net cash used in operating activities | ||||
| Noncash crypto assets received as revenue | (1,583,485) | - | ||
| Operating expenses paid with crypto assets | 1,508,488 | - | ||
| Depreciation of mining equipment | 1,157,509 | - | ||
| Amortization of co-development rights | 118,664 | - | ||
| Impairment of co-development rights | 306,336 | - | ||
| Stock based compensation | 7,033,939 | - | ||
| Shares issued for non-employee services | 3,552,213 | - | ||
| Shares issued for accrued interest | 226 | - | ||
| Loss on exchange of crypto assets | 74,611 | - | ||
| Unrealized loss on crypto assets | 45 | - | ||
| Changes in assets and liabilities, net of effects of reverse acquisition: | ||||
| Prepaid assets | (33,000) | - | ||
| Accounts payable | 932,047 | - | ||
| Accrued expenses | 524,387 | - | ||
| NET CASH USED IN OPERATING ACTIVITIES | (202,795) | - | ||
| INVESTING ACTIVITIES | ||||
| NET CASH PROVIDED BY INVESTING ACTIVITIES | - | - | ||
| FINANCING ACTIVITIES | ||||
| Proceeds from shares issued for SEPA | 15,418,839 | - | ||
| Proceeds from note payable | 275,000 | - | ||
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 15,693,839 | - | ||
| NET INCREASE IN CASH | 15,491,044 | - | ||
| CASH AT BEGINNING OF PERIOD | 1,402 | - | ||
| CASH AT END OF PERIOD | $15,492,446 | $ | - | |
| SUPPLEMENTAL CASH FLOW DISCLOSURES | ||||
| Interest paid | $ | - | $ | - |
| Taxes paid | $ | - | $ | - |
| SUPPLEMENTAL NON-CASH DISCLOSURES | ||||
| Common stock issued as consideration in reverse acquisition | $107,485,534 | $ | - | |
| Capital contribution of mining equipment | $12,438,900 | $ | - | |
| Common stock issued for conversion of note payable and accrued interest | $275,226 | $ | - | |
| Goodwill recognized in reverse acquisition | $106,932,241 | $ | - | |
| Investment and Co-Development Rights recognized in reverse acquisition | $745,543 | $ | - | |
| Financing Fee Payable assumed in reverse acquisition | $120,000 | $ | - | |
| Noncontrolling interest recognized in reverse acquisition | $72,250 | $ | - | |
| Milestone fee for license acquisition and included in accounts payable | $450,000 | $ | - | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.