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Z Squared Inc.

For the period ended Mar 31, 2025. Filed May 14, 2025.

View on SEC.gov

About 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 exhibits

Condensed Consolidated Statements of Operations

Three Months Ended
March 31, 2025March 31, 2024
SALES
Sales$62,874$–
Total sales62,874–
Cost of goods45,156–
Gross profit17,718–
OPERATING EXPENSES
Research and development expense86,659777,069
Salary expense439,173445,359
Amortization expense250,000250,000
Professional services expense2,325,5671,180,499
Stock based compensation expense597,73196,889
Selling and marketing expense106,500–
General and administrative expenses269,072172,567
Total operating expense4,074,7022,922,383
LOSS FROM OPERATIONS(4,056,984)(2,922,383)
OTHER INCOME (EXPENSE)
Interest expense(71,491)(200,505)
Other (expense) income111,41486,625
Change in fair value of derivative liabilities596,12034,875
TOTAL OTHER INCOME (EXPENSE), net636,043(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 outstanding3,073,07435,544,709
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.