Financial Statements — ZSPC
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Cash & Equivalents | 0.86 | 2.86 | 4.27 | 1.39 | 1.13 |
| Accounts Receivable | 2.61 | 2.59 | 3.62 | 4.64 | 3.84 |
| Inventory | 2.00 | 2.03 | 2.35 | 2.60 | 1.98 |
| Total Current Assets | 7.30 | 9.44 | 13.34 | 12.02 | 9.79 |
| Property, Plant & Equipment | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 |
| Intangible Assets | 0.87 | 0.92 | -- | -- | -- |
| Total Non-current Assets* | 0.98 | 1.04 | 0.12 | 0.12 | 0.06 |
| Total Assets | 8.28 | 10.48 | 13.46 | 12.14 | 9.85 |
| Accounts Payable | 3.35 | 3.85 | 3.97 | 5.25 | 6.02 |
| Short-term Debt | 1.46 | 2.98 | 7.60 | 6.72 | 5.34 |
| Total Current Liabilities | 10.66 | 13.10 | 19.57 | 20.68 | 19.93 |
| Long-term Debt | 7.04 | 20.26 | 18.67 | 18.15 | 7.61 |
| Total Non-current Liabilities* | 10.81 | 22.75 | 13.58 | 13.75 | 9.54 |
| Total Liabilities | 21.47 | 35.85 | 33.14 | 34.43 | 29.47 |
| Retained Earnings | (322.06) | (322.35) | (308.50) | (302.33) | (296.23) |
| Total Stockholder Equity | (13.18) | (25.38) | (19.68) | (22.30) | (19.62) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Total Revenue | 5.40 | 5.25 | 4.85 | 8.79 | 7.46 | 6.76 |
| Cost of Revenue | 2.35 | 2.46 | 2.47 | 4.29 | 4.29 | 3.55 |
| Gross Profit | 3.04 | 2.79 | 2.38 | 4.50 | 3.17 | 3.21 |
| Research & Development | 0.81 | 0.99 | 1.36 | 1.57 | 1.27 | 1.10 |
| Selling, General & Admin | 3.80 | 3.31 | 2.71 | 3.39 | 4.28 | 3.49 |
| Total Operating Expenses | 5.58 | 6.72 | 8.02 | 9.29 | 9.50 | 8.59 |
| Operating Income | (2.54) | (3.93) | (5.63) | (4.79) | (6.33) | (5.38) |
| Pretax Income | 0.30 | (6.56) | (7.28) | (6.17) | (6.09) | (5.83) |
| Tax Provision | 0.01 | -- | 0.00 | -0.00 | 0.01 | 0.00 |
| Net Income | 0.29 | (6.56) | (7.28) | (6.17) | (6.10) | (5.83) |
| Basic EPS | 0.02 | (4.70) | (0.22) | (0.26) | (0.27) | (0.26) |
| Diluted EPS | 0.01 | (4.70) | (0.22) | (0.26) | (0.27) | (0.26) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 |
|---|
| Operating Cash Flow | (1.96) | (3.02) | (3.94) | (2.46) | (6.93) | (4.64) |
| Investing Cash Flow | -0.00 | -0.00 | -0.00 | (0.01) | (0.01) | -- |
| Financing Cash Flow | 0.05 | 4.89 | 0.67 | 5.43 | 7.30 | 0.98 |
