StockWatch
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Biotechnology: Pharmaceutical Preparations
Quarterly ResultJul 31, 2026, 04:18 PM

ZeroStack Q2 Net Loss $24.6M; Going Concern Warning Issued

AI Summary

ZeroStack Corp. reported a Q2 2026 net loss of $24.6 million and a six-month net loss of $61.3 million, leading to a "going concern" warning due to limited cash and a significant accumulated deficit. Total assets drastically decreased from $130.2 million at year-end 2025 to $25.2 million by June 30, 2026. Post-period, ZeroStack acquired Texas Blocker Corp. on July 20, 2026, adding 148 million 0G tokens to its treasury, bringing total holdings to approximately 223 million 0G tokens, as the company shifts focus to decentralized AI.

Key Highlights

  • Company issued a "going concern" warning due to financial conditions.
  • Acquired Texas Blocker Corp. on July 20, 2026, adding 148M 0G tokens.
  • Total 0G token holdings now approximately 223 million.
  • Net loss for Q2 2026 was $24.6 million.
  • Net loss for six months ended June 30, 2026, was $61.3 million.
  • Total assets decreased to $25.2M from $130.2M (Dec 2025).
  • Cash balance was $2.6 million as of June 30, 2026.
  • Accumulated deficit reached $339.1 million.