Z Squared Q2 2026 net loss widens to $13.79 million; revenue turns to $1.58 million
Reuters2026/08/13 21:02- Z Squared posted Q2 revenue of USD 1.58 million from Dogecoin and Litecoin mining, with operations starting April 24, 2026.
- Operating loss widened to USD 13.79 million, as cost of revenue climbed to USD 3.35 million, including USD 1.16 million depreciation.
- Net loss was USD 13.79 million; loss per share attributable to common stockholders was USD 0.28.
- Operating costs totaled USD 12.03 million, led by USD 7.03 million stock-based compensation and USD 4.2 million professional fees.
- Cash rose to USD 15.49 million, largely from USD 15.42 million of common-stock proceeds under the Yorkville SEPA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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