Z Squared Q2 2026 net loss widens to $13.79 million; revenue turns to $1.58 million
ZSQR•Q2 revenue and loss widen
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 and cash position
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.
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