Filing Flows

Filing Flows › Z Squared (ZSQR) › Q1 2026 › vs Q4 2025

Z Squared (ZSQR) Q1 2026 vs Q4 2025 (quarter over quarter)

Z Squared's revenue fell $748K (-87%) from $862K in Q4 2025 to $114K in Q1 2026.

Z Squared, Q1 2026: revenue $114K (+81% year over year), net loss $3.9M, operating cash flow −$1.8M. The chart draws each line against Q4 2025, the increases inside each band.

Z Squared: what changed, Q1 2026 vs Q4 2025Z Squared: what changed, Q1 2026 vs Q4 2025Net loss$2.0MOperating cash sources$2.0MNet loss absorbed$2.0MOther operating costs$1.3MCosts & expenses$1.2MOperating costs$1.2MShare-based compensation$1.1MWorking capital & other$828KResearch & development−$77KCash used in operations$71K

Every line

LineQ1 2026Q4 2025Change%
Revenue$114K$862K−$748K-87%
Net loss$3.9M$1.9M$2.0M+102%
Costs & expenses$4.0M$2.9M$1.2M+41%
Operating costs$4.0M$2.9M$1.2M+41%
Interest & other, net$2K−$50K$52K—
Cost of revenue$45K$45K−$10%
Research & development$236K$313K−$77K-25%
Other operating costs$3.7M$2.5M$1.3M+50%
Operating cash sources$3.9M$1.9M$2.0M+102%
Depreciation & amortization$295K$295K−$10%
Share-based compensation$1.1M$0$1.1M—
Working capital & other$783K−$45K$828K—
Cash used in operations$1.8M$1.7M$71K+4%
Net loss absorbed$3.9M$1.9M$2.0M+102%

Questions

How much did Z Squared's revenue grow quarter over quarter in Q1 2026?

Z Squared's revenue fell $748K (-87%) from $862K in Q4 2025 to $114K in Q1 2026.

Q1 2026 results → · Compare in the interactive Sankey →