ZSQR · NASDAQ · Software - Services

Z Squared (ZSQR)

Mines Dogecoin and Litecoin while pursuing AI-ready data-center capacity.

$3.04
Pre-market0.00 (0.00%)
At close$3.04(+4.47%)
Loading prices…

Z Squared Inc.ZSQRInformation Technology

Mines Dogecoin and Litecoin with Scrypt ASIC equipment and is expanding toward AI-ready data-center capacity. Its current revenue-generating activity remains digital-asset mining.

Operates Scrypt ASIC equipment that mines Dogecoin and Litecoin from facilities in North Carolina, South Carolina, and Iowa. The public issuer was created through a 2026 reverse merger, in which the former operating company became a wholly owned subsidiary; earlier financial history reflects the legacy biopharmaceutical business rather than the current mining operation.

Expansion plans target energized sites for AI-ready colocation, data-center development, and high-performance-compute hosting. Those newer verticals had not generated revenue when described, so current operations depend on digital-asset mining, power availability, and the deployment and management of mining equipment.

Company facts

CEODavid Halabu
ListedApr 27, 2026
ExchangeNASDAQ
HeadquartersFort Lauderdale, FL
CountryUnited States
Employees6
CIK0001759186
ISINUS98878K1088

Market cap$19.0M
EPS (ttm)−$1.78
P/E (ttm)−1.71
ROE-48.0%
P/B1.15
P/S6.79
Dividend yieldDiv yield
Beta

No analyst consensus on record.

Next report
Dec 2, 2026
estimated · in 90 days
EPS estimate
−$1.60
Revenue estimate
$1.5M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

May '26Aug '26Dec '26
Reported−$0.65−$0.28Pending
Estimate−$1.60−$1.60−$1.60
Surprise+59.4%+82.5%

RevenueReportedEstimate

May '26Aug '26Dec '26
Reported$1.6MPending
Estimate$105.9K$1.6M$1.5M
Surprise0.0%
Estimate−$1.60
ReportedDue Dec 2, 2026
Estimate$1.5M
ReportedDue Dec 2, 2026
View details

Debt to equity0.00%
Current ratio766.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$0$0$62.9K$200.7K$237.4K$862.0K$113.8K$1.6M
Net income−$1.8M−$3.0M−$3.1M−$3.5M−$2.7M−$1.6M−$3.9M−$13.7M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$2.1M−$2.2M−$4.1M−$4.5M−$2.5M−$2.0M−$3.9M−$13.4M
YoY growth

Balance sheet, Jun 30, 2026Cash & short-term investments $15.5M · Total debt $0 · Total assets $134.5M · Shareholders' equity $132.5M

Revenue
$1.6M
Operating income
−$13.4M
Net income
−$13.7M
View details

No dividends on record.

Institutions45 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail≈ 108.15%6.73M shares
Insiders3 holders · as of Aug 20, 202622.98%1.43M shares
Adds to131.13%

6.22M company shares as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.

These groups come from separate filings that can overlap, so they add to 131.13%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
BlackRock, Inc.Institution
40.51%2.52M13Fas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
26.84%1.67M13Fas of Jun 30, 2026
David Elias HalabuInsiderdirector, officer: Co-Chief Executive Officer
22.70%1.41MForm 4filed Apr 29, 2026
Geode Capital Management, LLCInstitution
11.46%713,19613Fas of Jun 30, 2026
Northern Trust CorpInstitution
5.57%346,68713Fas of Jun 30, 2026
See all 25

13F — a manager's quarterly holdings · Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 18, 2026Christopher Ryan Schadelofficer: Chief Marketing Officer+1,000$3.92
View details

  • MARA

    Energy-linked Bitcoin mining and digital-infrastructure capacity

  • Hut 8

    Power, digital infrastructure and compute for mining and HPC

  • Core Scientific

    Digital-asset mining and high-density colocation infrastructure

  • Bitdeer

    Crypto-mining, mining hardware and AI-cloud infrastructure

ComparePre-market

CompanyPriceChange
Z Squared$3.040.00%$19.0M6.8
MARA$10.45−0.14%$3.99B5.0−26.7%
Hut 8$80.38−0.36%$9.08B31.3+81.4%
Core Scientific$16.71−0.57%$5.40B317.812.3+108.8%
Bitdeer$10.70−0.47%$2.51B3.1+47.1%
Median317.88.6+64.2%