Z Squared Inc.
For the period ended Mar 31, 2026. Filed May 15, 2026.
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, 2026 · Filed May 15, 2026
ZSQR$2.30-17.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
| Three Months Ended | ||
|---|---|---|
| March 31, 2026 | March 31, 2025 | |
| OPERATING ACTIVITIES | ||
| Net loss | $(4,020,896) | $(3,420,941) |
| Adjustments to reconcile net loss to net cash used in operating activities | ||
| Depreciation and amortization | 295,302 | 295,303 |
| Right of use asset amortization | 15,206 | 9,994 |
| Amortization of debt discount | – | 99,879 |
| Non-cash revenue | (113,771) | (62,874) |
| Stock based compensation | 1,416,178 | 597,731 |
| Shares issued for non-employee services | 33,088 | 25,000 |
| Warrants issued for services | – | 824,295 |
| Change in fair value of derivative liability | – | (405,995) |
| Change in fair value of derivative liability warrants | 19,875 | (190,125) |
| Realized gain on sale of marketable securities | (85,407) | – |
| Forgiveness of interest | – | 19,447 |
| Unrealized loss on investments | 22,688 | – |
| Unrealized loss on marketable securities | 176,045 | – |
| (Increase) decrease in: | ||
| Interest receivable | (7,939) | – |
| Prepaid assets | 360,821 | 135,778 |
| Increase (decrease) in: | ||
| Accounts payable | 122,418 | (149,107) |
| Accrued expenses | 19,086 | – |
| Customer deposit | – | – |
| Right of use liability | (11,581) | (10,115) |
| Other current liabilities | – | (134,437) |
| NET CASH USED IN OPERATING ACTIVITIES | (1,758,887) | (2,366,167) |
| INVESTING ACTIVITIES | ||
| Sale of marketable securities | 591,519 | – |
| NET CASH PROVIDED BY INVESTING ACTIVITIES | 591,519 | – |
| FINANCING ACTIVITIES | ||
| Proceeds from notes payable | – | 990,000 |
| Repayment of notes payable | – | (218,750) |
| Shares issued for SEPA | 504,254 | – |
| Warrants issued for cash | – | 400 |
| Stock option exercised | 200,000 | – |
| Preferred stock offering | – | 5,330,000 |
| NET CASH PROVIDED BY FINANCING ACTIVITIES | 704,254 | 6,101,650 |
| NET (DECREASE) INCREASE IN CASH | (463,114) | 3,735,483 |
| CASH AT BEGINNING OF PERIOD | 5,674,302 | 532,885 |
| CASH AT END OF PERIOD | $5,211,188 | $4,268,368 |
| SUPPLEMENTAL CASH FLOW DISCLOSURES | ||
| Interest paid | $2,193 | $2,193 |
| Taxes paid | $– | $– |
| SUPPLEMENTAL NON-CASH DISCLOSURES | ||
| Shares issued for investment | $3,658,371 | $– |
| Investments received for stock options exercised | $1,719,692 | $– |
| Increase in right of use assets due to lease renewal | $85,080 | $– |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.