Z Squared Inc.
For the period ended Mar 31, 2025. Filed May 14, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed May 14, 2025
ZSQR$2.79-17.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
| Three Months Ended | ||
|---|---|---|
| March 31, 2025 | March 31, 2024 | |
| SALES | ||
| Sales | $62,874 | $– |
| Total sales | 62,874 | – |
| Cost of goods | 45,156 | – |
| Gross profit | 17,718 | – |
| OPERATING EXPENSES | ||
| Research and development expense | 86,659 | 777,069 |
| Salary expense | 439,173 | 445,359 |
| Amortization expense | 250,000 | 250,000 |
| Professional services expense | 2,325,567 | 1,180,499 |
| Stock based compensation expense | 597,731 | 96,889 |
| Selling and marketing expense | 106,500 | – |
| General and administrative expenses | 269,072 | 172,567 |
| Total operating expense | 4,074,702 | 2,922,383 |
| LOSS FROM OPERATIONS | (4,056,984) | (2,922,383) |
| OTHER INCOME (EXPENSE) | ||
| Interest expense | (71,491) | (200,505) |
| Other (expense) income | 111,414 | 86,625 |
| Change in fair value of derivative liabilities | 596,120 | 34,875 |
| TOTAL OTHER INCOME (EXPENSE), net | 636,043 | (79,005) |
| LOSS BEFORE INCOME TAXES | (3,420,941) | (3,001,388) |
| PROVISION FOR INCOME TAXES (BENEFIT) | – | – |
| NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTERESTS | (363,211) | – |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | (3,057,730) | – |
| NET LOSS | $(3,420,941) | $(3,001,388) |
| LOSS PER SHARE | ||
| Loss per share, basic and fully diluted | $(1.11) | $(0.08) |
| Weighted average number of common shares outstanding | 3,073,074 | 35,544,709 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.