Filing Flows › Z Squared (ZSQR) › Q1 2025
Z Squared (ZSQR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Z Squared (ZSQR) reported revenue of $63K for the first quarter 2025 (Q1 2025).
Z Squared, Q1 2025: revenue $63K, net loss $3.4M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $63K | — | — |
| Operating profit | −$4.1M | — | — |
| Net earnings | −$3.4M | — | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $63K in Q1 2025.
Gross margin was 28.2%. Operating costs exceeded revenue by $4.1M, an operating margin of -6452.6%. The quarter ended with a net loss of $3.4M. Non-operating items added $700K, -21% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$2.4M. Non-cash charges added back $295K of depreciation and amortization. Working capital and other items added $695K.
Questions
What was Z Squared's revenue in the first quarter 2025?
Z Squared (ZSQR) reported revenue of $63K for the first quarter 2025 (Q1 2025).
Source: Z Squared 10-Q on SEC EDGAR.