ZSQR Graph | Z Squared Inc.

ZSQR Revenue Flow

Filed revenue amounts for 2026-04-01 to 2026-06-30. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

2026-06-30: Revenue $1.58M; Cost of revenue $3.35M; Research and development (m); Operating expenses $12.03M.
2026-03-31: Revenue $113.77K; Cost of revenue $45.16K; Research and development $235.53K; Operating expenses $3.98M.
2025-12-31: Revenue $862.05K*; Cost of revenue $45.16K*; Research and development $312.90K*; Operating expenses $2.81M*.
2025-09-30: Revenue $237.44K; Cost of revenue $45.16K; Research and development $587.28K; Operating expenses $2.67M.

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 3 month

Period end	Revenue	Cost of revenue	Research and development	Operating expenses	Income tax	Net income
2026-06-30	$1.58M	$3.35M	(m)	$12.03M	$0.00	-$13.79M
2026-03-31	$113.77K	$45.16K	$235.53K	$3.98M	$0.00	-$30.00
2025-12-31	$862.05K*	$45.16K*	$312.90K*	$2.81M*	$0.00*	-$1.26M*
2025-09-30	$237.44K	$45.16K	$587.28K	$2.67M	$0.00	-$2.90M
2025-06-30	$0.00	$0.00	$290.31K	$0.00	$0.00	$0.00
2025-03-31	$62.87K	$45.16K	$86.66K	$4.07M	$0.00	-$3.42M
2024-09-30	$0.00	$0.00	$811.78K	$2.14M	$0.00	-$1.83M
2024-06-30	$0.00	$0.00	$398.82K	$2.83M	$0.00	-$3.04M
2024-03-31	$0.00	$0.00	$777.07K	$2.92M	$0.00	-$3.00M
2023-09-30	$0.00	$0.00	$5.07M	$7.90M	$0.00	-$6.35M
2023-06-30	$0.00	$0.00	$466.63K	$3.68M	$0.00	-$3.20M
2023-03-31	$0.00	$0.00	$115.33K	$6.54M	$0.00	-$7.96M
2022-09-30	$0.00	$0.00	$20.89K	$5.57M	$0.00	-$5.65M
2022-06-30	$0.00	$0.00	$0.00	$9.81M	$0.00	-$9.80M
2022-03-31	$0.00	$0.00	$0.00	$15.72M	$0.00	-$19.18M
2021-09-30	(m)	(m)	(m)	(m)	(m)	$4.18M
2021-06-30	(m)	(m)	(m)	(m)	(m)	-$1.80M
2021-03-31	(m)	(m)	(m)	(m)	(m)	$14.07M
2020-09-30	(m)	(m)	(m)	(m)	(m)	-$50.00
2020-06-30	(m)	(m)	(m)	(m)	(m)	-$450.00
2020-03-31	(m)	(m)	(m)	(m)	(m)	$2.00
2019-09-30	(m)	(m)	(m)	(m)	(m)	$2.00
2019-06-30	(m)	(m)	(m)	(m)	(m)	-$676.00
2019-03-31	(m)	(m)	(m)	(m)	(m)	-$350.00

Revenue and expense 6 month

Period end	Revenue	Cost of revenue	Research and development	Operating expenses	Income tax	Net income
2026-06-30	$1.58M	$3.35M	(m)	$12.03M	$0.00	-$13.79M
2025-06-30	$0.00	$0.00	$376.97K	$0.00	$0.00	$0.00
2024-06-30	$0.00	$0.00	$1.18M	$5.75M	$0.00	-$6.04M
2023-06-30	$0.00	$0.00	$581.96K	$10.22M	$0.00	-$11.16M
2022-06-30	$0.00	$0.00	$0.00	$25.58M	$0.00	-$28.98M
2021-06-30	(m)	(m)	(m)	(m)	(m)	$12.27M
2020-06-30	(m)	(m)	(m)	(m)	(m)	-$448.00

Revenue and expense 9 month

Period end	Revenue	Cost of revenue	Research and development	Operating expenses	Income tax	Net income
2025-09-30	$501.00K	$135.47K	$964.25K	$11.42M	$0.00	-$10.65M
2024-09-30	$0.00	$0.00	$1.99M	$7.89M	$0.00	-$7.87M
2023-09-30	$0.00	$0.00	$5.65M	$18.13M	$0.00	-$17.51M
2022-09-30	$0.00	$0.00	$20.89K	$31.15M	$0.00	-$34.63M
2021-09-30	(m)	(m)	(m)	(m)	(m)	$16.45M
2020-09-30	(m)	(m)	(m)	(m)	(m)	-$498.00
2019-09-30	(m)	(m)	(m)	(m)	(m)	-$1.02K

Revenue and expense 12 month

Period end	Revenue	Cost of revenue	Research and development	Operating expenses	Income tax	Net income
2025-12-31	$1.36M	$180.63K	$1.28M	$14.23M	$0.00	-$11.92M
2024-12-31	$0.00	$0.00	$2.33M	$10.05M	$0.00	-$10.68M
2023-12-31	$0.00	$0.00	$6.67M	$21.49M	$0.00	-$21.27M
2022-12-31	$0.00	$0.00	$20.89K	$34.20M	$0.00	-$37.57M
2021-12-31	$75.00K	$0.00	$0.00	$14.12M	$0.00	-$13.45M
2020-12-31	(m)	(m)	(m)	(m)	(m)	-$17.28M
2019-12-31	(m)	(m)	(m)	(m)	(m)	-$2.23K

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