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Zicix Corp

ZICX
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Business Summary

ZICX operates in the technology-driven digital marketing and advertising industry, with its core offering centered on an AI-Enabled Global Network Marketing and Advertising Platform that integrates naked-eye 3D LED displays with smart software systems. The broader 3D display market was estimated at approximately USD $144.5B in 2024 and is projected to reach USD 413.13 billion by 2030, growing at a CAGR of 19.3% from 2025 to 2030 . The Out-of-Home advertising market exceeds $42 billion annually and is growing at 5–7% per year , while the motorcycle top-box hardware category is projected to approach nearly USD $1 billion in 2024 . The industry is shaped by rapid AI adoption, continuous machine learning advancements, big data analytics, urbanization, and the emergence of 3D naked-eye display technology that generates viral social media traction.

In the Naked-Eye 3D Billboard space, ZICX expects to compete with global digital companies such as JCDecaux, Clear Channel Outdoor, and Ocean Outdoor, as well as national and regional media owners. In the Mobile Out-of-Home space, it expects to compete with AdBike, Wrapify, and Firefly, as well as ridesharing companies such as Uber OOH and Lyft Media. In Asia, it expects to compete with AdOnBox. It also indirectly competes against digital signage companies such as Samsung, LG, and Scala, AR and VR advertising platforms, and digital advertising platforms such as Google, Meta, and TikTok. Many competitors have longer operating histories and significantly greater financial, technical, marketing, and other resources. ZICX believes its competitive edge lies in its hybrid model fusing static placement and mobile 3D display technology, delivering visibility and engagement both at fixed locations and on the move.

ZICX is a Nevada holding company that generates revenue through its wholly owned Hong Kong subsidiary, ASN Zone One Limited, by providing technology-driven digital marketing and advertising solutions. Revenue is derived from product sales, including LED carriage boxes, air cargo pallets and components, and from cloud consulting services. The company is at a development stage and has not yet begun generating significant revenues. Its primary customer segments include global brands such as Nike, Apple, Coca-Cola, and Samsung; local businesses such as restaurants, retail stores, and events; and governments and NGOs for public campaigns, tourism, and awareness. The business model contemplates a subscription-based advertising platform providing recurring revenue alongside transactional product sales and billboard leasing.

The company's product and service lines comprise three prongs. Mobile Displays (Smart Mobile 3D Ads) involve equipping urban delivery motorbikes with 3D-naked eye enabled smart advertising boxes that are LED-lit, interactive, GPS-enabled, and trackable, with pricing expected between $300–$1,000 per bike per month . Fixed Display (Iconic 3D Billboards in Global Hotspots) involves deploying naked-eye 3D LED billboards in high-traffic urban areas such as Times Square, Piccadilly Circus, Downtown Dubai, Central in Hong Kong, and Shibuya in Tokyo, with billboard leasing fees of approximately $50,000–$200,000 per month per slot . The Advertising Platform (Data Driven Campaign Management) is intended to offer advertisers subscription-based access to a proprietary digital platform delivering analytics on ad performance, foot traffic heatmaps, route tracking, dwell time analysis, and engagement metrics.

For the year ended March 31, 2026, product sales revenue was $300,536 , representing sales of LED carriage boxes, air cargo pallets and components, while cloud consulting services revenue was $430,027 . For the year ended March 31, 2025, product sales revenue was $70,068 and cloud consulting services revenue was $0 . The company has two customers, Swissfield Consulting Ltd and A1P Limited, that accounted for 41% and 59% of revenues, respectively, for the year ended March 31, 2026 , while for the year ended March 31, 2025, one single customer, Runde Holdings Limited, accounted for 100% of total revenues . One single vendor, Digital One Solutions Limited, accounted for 85% of total cost of revenue for the year ended March 31, 2026 , and one single vendor, Shenzhen Qianhai Hengyunlian Technology Co. Ltd, accounted for 100% of total cost of revenue for the year ended March 31, 2025 .

Significant operational developments include the acquisition of ASN Zone One Limited on July 25, 2024, for consideration of Five Thousand Dollars and up to an aggregate amount of Six Hundred Thirty Million (630,000,000) shares of common stock issuable upon achievement of revenue-based milestones . ASN did not meet the minimum annual revenue of $500,000 as the performance milestone for the first year from July 26, 2024 to July 25, 2025, and therefore no earnout shares were issued . Effective October 9, 2025, the company effectuated a 1:10,000 reverse stock split , and effective June 18, 2025, increased authorized shares to Twenty Seven Billion Six Hundred Million (27,600,000,000) shares of common stock and Four Hundred Million (400,000,000) shares of preferred stock . On November 7, 2024, ASN entered into a Framework Agreement for Regional Market Cooperation in the Middle East, Africa, and Asia with Shenzhen Qianhai Hengyunlian Technology Co., Ltd. . Since March 2026, the company experienced temporary cessation of Dubai business operations due to inability to execute scheduled product shipments to its regional distribution hub in Dubai, resulting from regional supply chain and transit disruptions caused by U.S.-Iraq conflict .

For the year ended March 31, 2026, total revenues were $730,563 , compared to $70,068 for the year ended March 31, 2025, an increase of $660,495 or 943% . Gross profit was $250,102 for the year ended March 31, 2026, compared to $54,898 for the year ended March 31, 2025. Net loss was $1,388,179 for the year ended March 31, 2026, compared to $3,294,418 for the year ended March 31, 2025. As of March 31, 2026, the company had current assets of $507,486 and current liabilities of $3,233,629 , with a working capital deficit of $2,726,143 and an accumulated deficit of $5,702,252 . Cash and cash equivalents were $0 as of March 31, 2026 , and bank accounts had been suspended .

Business Outlook

Management believes that approximately $3.5 million is required to successfully conduct the pilot launch in Dubai and Hong Kong , and approximately $10 million is required to finance the business plan for the twelve months thereafter, allocated as $5 million to acquiring and installing 3D LED displays, $3 million to building a smart motorbike fleet, and $2 million to develop the advertising platform . The company hopes to conduct a pilot launch in the next 12 months . Capital expenditures of approximately $1 million are expected for each country into which the company plans to expand , and approximately $5 million is required to successfully expand into five cities by 2027 .

The mobile display growth vector involves equipping urban delivery motorbikes with 3D-naked eye enabled smart advertising boxes. ASN initially expected to conduct a pilot launch of its mobile motorbike advertising business in Dubai and Hong Kong by the first quarter of 2026 , and had intended to partner with WIZE Mobility, a UAE registered company, that has agreed to allow the company to equip their fleet of 400 motorbikes with smart 3D LED boxes . By year 3 after the pilot launch, the company hopes to launch in New York, London and Singapore . The company is actively seeking alternative locations for conducting a pilot launch due to the Middle East war.

The fixed display growth vector involves deploying naked-eye 3D LED billboards in global hotspots. The company hopes to deploy its first naked-eye 3D LED billboard in Dubai, Oman, and Egypt in 2026, and possibly to Vietnam, the Philippines and other countries in 2027 . The advertising platform growth vector involves offering advertisers subscription-based access to a proprietary digital platform, which the company hopes to launch concurrently or shortly after a successful pilot launch . The company believes it will require approximately $2 million to develop and launch this platform .

The company's margin trajectory reflects a gross profit of $250,102 for the year ended March 31, 2026 , compared to $54,898 for the year ended March 31, 2025 . General and administrative expenses increased to $1,326,751 for the year ended March 31, 2026 , compared to $864,406 for the year ended March 31, 2025 , primarily due to an increase in business consulting fees about Dubai operations and business development advisory fees and legal and professional fees of $420,000 . The company incurred an impairment loss on accounts receivable of $430,027 for the year ended March 31, 2026 .

The operational outlook includes a temporary cessation of Dubai business operations since March 2026 due to inability to execute scheduled product shipments to the regional distribution hub in Dubai, resulting from regional supply chain and transit disruptions caused by U.S.-Iraq conflict . The company's bank accounts had been suspended as of March 31, 2026, resulting in no cash balances . The company is actively negotiating with holders of convertible debts and note totaling approximately $947,000 to restructure or extend repayment terms , and certain overdue convertible debts totaling approximately $326,700 (principal and unpaid interest) were in default .

The company's capital allocation plans include the $10 million business plan allocation and the $3.5 million pilot launch requirement . The company has no plans to pay dividends in the foreseeable future. The company's sources of capital in the past have included the sale of equity securities, capital leases and short-term and long-term debts. For the year ended March 31, 2026, net cash provided by financing activities for continuing operations was $94,542 , consisting primarily of subscription proceeds from private placement of $430,000 and advance to a related party of $73,075 , offset by repayment of bonds payable and convertible debts of $332,916 and repayment to a shareholder of $75,617 .

Management has identified structural headwinds including the ongoing war in the Middle East, which has indefinitely delayed Dubai plans . The company is currently monitoring the situation and has held discussions with WIZE Mobility in abeyance pending developments of the Middle East war . Due to the uncertainty arising from the Middle East war and its related impact on energy and other factors, the company has not yet secured an alternative location and does not have a definite timeline on when it expects to secure such alternative location . The company's continuation as a going concern is dependent upon improving profitability, securing continued financial support from stockholders or raising additional capital through external fund-raising .

The company faces constraints related to its dependence on a small base of customers and vendors. For the year ended March 31, 2026, two customers accounted for 41% and 59% of revenues, respectively , and one vendor accounted for 85% of total cost of revenue . The company expects to continue to rely on a small base of customers and vendors in the near future as it organically grows its business. The company is also subject to risks related to the technology underlying naked-eye 3D displays, which are relatively new and expensive, with the 3D screens requiring large amounts of energy to operate .

Risk Factors

The most material risks to ZICX include its status as a development stage company dependent on stockholder financial support, with a net loss of $1,388,179 for the year ended March 31, 2026 , a working capital deficit of $2,726,143 , an accumulated deficit of $5,702,252 , and cash and cash equivalents of $0 as of March 31, 2026 . The company's bank accounts had been suspended , and certain overdue convertible debts totaling approximately $326,700 (principal and unpaid interest) were in default . The company is negotiating with holders of convertible debts and note totaling approximately $947,000 to restructure or extend repayment terms . The company has not yet conducted its pilot launch due to uncertainties arising from the Middle East war, which has indefinitely suspended the Dubai and Hong Kong launch . The company is dependent on two customers that accounted for 41% and 59% of revenues for the year ended March 31, 2026 , and one vendor that accounted for 85% of total cost of revenue . The technology underlying naked-eye 3D displays is relatively new and expensive, with the 3D screens requiring large amounts of energy to operate . The company will require approximately $10 million to implement its business plan , and if unable to raise capital when needed, may be forced to delay business expansions .

Management Priorities

Management's message to shareholders emphasizes that ZICX is a development stage company that has transitioned from a storage network business to an AI-Enabled Global Network Marketing and Advertising Platform, and that its continuation as a going concern is dependent upon improving profitability, securing continued financial support from stockholders, or raising additional capital through external fund-raising such as private placements . Management believes existing stockholders will provide additional cash to meet obligations as they become due, but there is no assurance of success in securing sufficient funds . Management is actively negotiating with holders of convertible debts and note totaling approximately $947,000 to restructure or extend repayment terms, including discussions on potential debt-to-equity conversions, revised maturity schedules, and partial settlements . The company reported a net loss of $1,388,179 for the year ended March 31, 2026 , compared to $3,294,418 for the year ended March 31, 2025 , and had a working capital deficit of $2,726,143 and an accumulated deficit of $5,702,252 as of March 31, 2026 . Management's strategic priorities for the period ahead center on three initiatives: launching the mobile display business segment with 3D-naked eye enabled smart advertising boxes on delivery motorbikes, deploying fixed naked-eye 3D LED billboards in global hotspots, and developing a subscription-based advertising platform for data-driven campaign management. Management believes approximately $3.5 million is required to successfully conduct the pilot launch in Dubai and Hong Kong , and approximately $10 million is required to finance the business plan for the twelve months thereafter . The company hopes to conduct a pilot launch in the next 12 months .

View Source Annual Report on SEC.gov ↗

References

  1. [1] Item 1, Business — Market Overview
  2. [2] Item 1, Business — Market Overview
  3. [3] Item 1, Business — Market Overview
  4. [4] Item 1, Business — Our Business
  5. [5] Item 1, Business — Our Business
  6. [6] Item 7, MD&A — Revenue
  7. [7] Item 7, MD&A — Revenue
  8. [8] Item 7, MD&A — Revenue
  9. [9] Item 7, MD&A — Revenue
  10. [10] Item 1, Business — Major Customers
  11. [11] Item 1, Business — Major Customers
  12. [12] Item 1, Business — Major Vendors
  13. [13] Item 1, Business — Major Vendors
  14. [14] Item 1, Business — Acquisition of ASN Zone One Limited
  15. [15] Item 1, Business — Summary
  16. [16] Item 1, Business — Increase in Authorized Capital; Reverse Stock Split
  17. [17] Item 1, Business — Increase in Authorized Capital; Reverse Stock Split
  18. [18] Item 1, Business — Our Business
  19. [19] Item 1, Business — Summary
  20. [20] Item 7, MD&A — Results of Operations
  21. [21] Item 7, MD&A — Results of Operations
  22. [22] Item 7, MD&A — Results of Operations
  23. [23] Item 7, MD&A — Results of Operations
  24. [24] Item 7, MD&A — Results of Operations
  25. [25] Item 7, MD&A — Results of Operations
  26. [26] Item 7, MD&A — Results of Operations
  27. [27] Item 7, MD&A — Results of Operations
  28. [28] Item 7, MD&A — Liquidity and Capital Resources
  29. [29] Item 7, MD&A — Liquidity and Capital Resources
  30. [30] Item 7, MD&A — Liquidity and Capital Resources
  31. [31] Item 7, MD&A — Liquidity and Capital Resources
  32. [32] Item 7, MD&A — Liquidity and Capital Resources
  33. [33] Item 1, Business — Summary
  34. [34] Item 1, Business — Our Business
  35. [35] Item 1, Business — Our Business
  36. [36] Item 1, Business — Near-Term Requirements for Additional Capital
  37. [37] Item 1, Business — Our Business
  38. [38] Item 1, Business — Our Business
  39. [39] Item 1, Business — Our Business
  40. [40] Item 1, Business — Our Business
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  44. [44] Item 1, Business — Our Business
  45. [45] Item 7, MD&A — General and Administrative Expenses
  46. [46] Item 7, MD&A — General and Administrative Expenses
  47. [47] Item 7, MD&A — General and Administrative Expenses
  48. [48] Item 7, MD&A — Results of Operations
  49. [49] Item 1, Business — Summary
  50. [50] Item 1, Business — Summary
  51. [51] Item 7, MD&A — Cash Flows
  52. [52] Item 7, MD&A — Cash Flows
  53. [53] Item 7, MD&A — Cash Flows
  54. [54] Item 7, MD&A — Cash Flows
  55. [55] Item 7, MD&A — Cash Flows
  56. [56] Item 1A, Risk Factors — Risks Related to Our Business and Industry
  57. [57] Item 1, Business — Our Business
  58. [58] Item 1, Business — Our Business
  59. [59] Item 1, Business — Summary
  60. [60] Item 1A, Risk Factors — Risks Related to Our Business and Industry
  61. [61] Item 1A, Risk Factors — Risks Related to Our Finances and Capital Requirements
  62. [62] Item 1, Business — Summary
  63. [63] Item 7, MD&A — Results of Operations
  64. [64] Item 7, MD&A — Results of Operations
  65. [65] Item 7, MD&A — Cost of Revenue
  66. [66] Item 7, MD&A — Cost of Revenue
  67. [67] Item 7, MD&A — Other Income (Expense)
  68. [68] Item 7, MD&A — Other Income (Expense)
  69. [69] Item 7, MD&A — Other Income (Expense)
  70. [70] Item 7, MD&A — Other Income (Expense)
  71. [71] Item 7, MD&A — Other Income (Expense)
  72. [72] Item 7, MD&A — Cash Flows
  73. [73] Item 7, MD&A — Cash Flows
  74. [74] Item 7, MD&A — Cash Flows
  75. [75] Item 7, MD&A — Cash Flows

Analysis on 10/15/2026