For the quarter ending 2026-03-31.
| Income Statement | 2026-03-31 | 2025-12-31 | ||
|---|---|---|---|---|
| Revenue | - | 0* | ||
| Cost of revenue | - | 0* | ||
| Gross profit | - | 0* | ||
| Sales and marketing | 173,000 | 66,750* | ||
| Research and development | 235,000 | 63,000* | ||
| General and administrative | 789,000 | 726,750* | ||
| Total operating expenses | 1,197,000 | 856,500* | ||
| Loss from operations | -1,197,000 | -856,500* | ||
| Loss on issuance of forward purchase agreement derivative liability | - | 0* | ||
| Change in fair value of forward purchase agreement derivative liability | - | 0* | ||
| Loss on issuance of senior secured notes | - | 0* | ||
| Interest expense | 132,000 | 128,250* | ||
| Other income (expense), net | 19,000 | 12,000* | ||
| Loss on extinguishment of senior secured notes | - | -33,500* | ||
| Gain on extinguishment of forward purchase agreement settlement liability | - | 589,250* | ||
| Gain on extinguishment of liabilities (2,610 and 0 from related parties, respectively) | - | 2,279,250* | ||
| Gain on forbearance agreement | - | 471,750* | ||
| Total other expense, net | -113,000 | 3,190,500* | ||
| Net loss before income taxes | -1,310,000 | 2,334,000* | ||
| Provision for income taxes | - | 0* | ||
| Net loss | -1,310,000 | 2,334,000* | ||
| Foreign currency translation adjustment | -18,000 | -13,250* | ||
| Comprehensive loss | -1,328,000 | 2,320,750 | ||
| Basic EPS | -0.01 | 0.023 | ||
| Diluted EPS | -0.01 | 0.01 | ||
| Basic Average Shares | 172,318,506 | 101,862,348 | ||
| Diluted Average Shares | 172,318,506 | 227,397,251 | ||
Zapata Quantum, Inc. (ZPTA)
Zapata Quantum, Inc. (ZPTA)