Zhanling net loss narrows to $38,486 in FY26; revenue remains no revenue in FY26
ZLME•Fiscal-year results and liquidity
- Zhanling posted a net loss of $38,486 for the fiscal year ended May 31, 2026, with no revenue reported.
- Operating expenses edged down 3% to $38,486, driven mainly by professional fees including audit and consulting costs.
- Cash used in operating activities increased to $41,303 from $35,933, while cash provided by financing activities rose to $41,303 from $35,933.
- Working capital deficit totaled $6,139, with a shareholders’ deficit of $53,039 and accumulated deficit of $468,553, raising substantial doubt about going concern.
Management plans and subsequent events
- Management plans to seek additional capital via a private placement or further related-party loans.
- A subsequent events review found no reportable items through Aug. 10, 2026.
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