For the quarter ending 2025-09-30, ZDPY has $16,801,558 in assets. $10,554,385 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 1,113,900 | 985,847 | ||
| Accounts receivable | 299,613 | 217,434 | ||
| Deferred rent | 1,041,102 | 987,309 | ||
| Lease incentive receivable | 401,376 | 408,257 | ||
| Rental properties, at cost | 16,567,548 | - | ||
| Less accumulated depreciation | 3,205,013 | - | ||
| Rental properties, net | 13,362,535 | 13,449,638 | ||
| Prepaid expenses and other assets | 52,065 | 23,456 | ||
| Interest rate swap asset | - | 0 | ||
| Escrow deposits | 123,556 | 188,056 | ||
| Capitalized project costs | 212,049 | 208,049 | ||
| Property and equipment, net | 6,493 | 7,190 | ||
| Operating lease right of use asset, net | 49,219 | 59,112 | ||
| Investment in unconsolidated joint ventures and cost-method investee | 87,378 | 89,033 | ||
| Investment in equity securities | 50,000 | 50,000 | ||
| Security deposits | 2,272 | 2,272 | ||
| Total assets | 16,801,558 | 16,675,653 | ||
| Convertible note payable | 2,000,000 | 2,000,000 | ||
| Total principal due on notes payable | 7,434,805 | - | ||
| Less debt discounts | 159,339 | - | ||
| Notes payable, net | 7,275,466 | 7,293,097 | ||
| Accounts payable | 73,176 | 54,145 | ||
| Accrued expenses | 342,416 | 412,524 | ||
| Lease liability | 49,769 | 59,496 | ||
| Contract liabilities | 306,032 | 312,111 | ||
| Derivative liability - interest rate swap, at fair value | 105,450 | 92,728 | ||
| Security deposits payable | 402,076 | 377,076 | ||
| Total liabilities | 10,554,385 | 10,601,177 | ||
| Preferred stock, 0.001 par value, 5,000,000 shares authorized 2,000,000 shares issued and outstanding on september 30, 2025 and december 31, 2024 (1.00 per share liquidation preference or 2,000,000) | 2,000 | 2,000 | ||
| Common stock 0.001 par value, 100,000,000 shares authorized 12,201,516 and 12,201,516 shares issued on september 30, 2025 and december 31, 2024, respectively, and 12,030,829 and 12,087,829 shares outstanding on september 30, 2025 and december 31, 2024, respectively | 12,202 | 12,202 | ||
| Additional paid-in capital | 21,594,980 | 21,577,480 | ||
| Treasury stock, at cost (170,687 and 113,687 shares on september 30, 2025 and december 31, 2024, respectively) | 49,868 | 49,868 | ||
| Accumulated deficit | -15,312,141 | -15,467,338 | ||
| Total stockholders' equity | 6,247,173 | 6,074,476 | ||
| Total liabilities and stockholders' equity | 16,801,558 | 16,675,653 | ||
Zoned Properties, Inc. (ZDPY)
Zoned Properties, Inc. (ZDPY)