Z Squared (ZSQR)

NasdaqMarket Closed

Z Squared Inc. is a publicly traded digital asset mining company focused on operating cryptocurrency mining infrastructure across multiple locations in North America. The company describes itself as vertically integrated, meaning it seeks to control key parts of the mining process, from site operations and equipment deployment to asset-specific mining strategies.

Its mining footprint includes facilities in Texas, North Carolina, South Carolina, and Iowa. This geographic spread gives the company exposure to different power markets, operating conditions, and infrastructure environments, which are important considerations for mining businesses where electricity cost, equipment uptime, and cooling efficiency can have a material effect on profitability.

Z Squared mines a diversified set of cryptocurrencies rather than limiting its operations to a single network. Its portfolio includes assets such as Dogecoin and Litecoin, both of which use proof-of-work mining models linked to Scrypt-based hardware. The company also references strategies across algorithms including SHA-256, Scrypt, and kHeavyHash, indicating an emphasis on matching mining equipment and operating plans to the economics of individual digital assets.

The company’s hardware fleet includes specialised ASIC miners, including Antminer models such as the L7, L9, and DG1+. ASIC-based mining is capital intensive and highly competitive, requiring ongoing attention to hash rate, network difficulty, energy pricing, and equipment efficiency. As a listed stock with direct exposure to cryptocurrency mining, Z Squared gives investors a way to follow the economics of proof-of-work digital assets through an operating company rather than through direct ownership of tokens.

3.65USD
−0.31(-7.83%)

Last updated

Market Cap
$209,881,572
P/E
P/FCF
P/S
75.04
Enterprise Value
$194,389,126
Sector
Industry
Address
105 BRADFORD ROAD, SUITE 420, WEXFORD, PA, 15090
Market Cap
$209,881,572
Enterprise Value
$194,389,126
P/E
P/B
1.58
P/S
75.04
EV / EBITDA
-9.72
EV / Sales
69.51
EPS
-0.41
Dividend Yield
0%
P/FCF
P/CF
Free Cash Flow
-$4,042,922
ROE
-16.46%
ROA
-16.21%
Debt / Equity
0
Current Ratio
7.66
Quick Ratio
7.66
Cash
7.64
Avg Volume
$458,520
Fundamentals Snapshot Price
3.96

Income Statement

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Revenue1.58M113.77K862.05K237.44K0
Cost of revenue2.19M45.16K45.16K45.16K0
Gross profit-608.44K68.62K816.89K192.29K0
Operating income-13.79M-3.91M-1.99M-2.48M0
EBITDA-12.51M-3.62M-1.69M-2.18M-295.3K
Net income-13.72M-3.92M-1.26M-2.9M0
Income taxes00000
Interest expense-226-5.26K105.15K-62.61K0
Other operating expenses4.58M1.01M426.77K1.28M0
Total operating expenses13.19M3.98M2.81M2.67M0
Basic EPS-0.28-0.65-0.610
Diluted EPS-0.28-0.65-0.610

Balance Sheet

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Total assets134.51M19.79M1.4K14.18M12.19M
Total liabilities2.03M2.21M1203.26M5.11M
Total equity132.48M17.58M1.28K10.92M7.08M
Cash & equivalents15.49M5.21M1.4K4.91M2M
Current assets15.53M5.91M1.4K5.99M3.69M
Current liabilities2.03M1.82M1202.71M4.48M
Accounts payable1.38M1.01M0783.1K1.03M
Receivables015.29K086.04K30K
Inventories00000
Goodwill106.93M0000
Long-term debt0150K0150K150K

Cash Flow

Line Item2026 Q22026 Q12025 Q42025 Q32025 Q2
Operating cash flow1.56M-1.76M-1.69M-2.15M2.37M
Investing cash flow-591.52K591.52K000
Financing cash flow14.99M704.25K2.45M5.06M-6.1M
Change in cash15.95M-463.11K765.82K2.91M-3.74M
Net income-9.77M-4.02M-1.62M-2.9M3.42M
KindFilingDateLink
edgar indexS-8 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
form 4Form 4 — Schadel Christopher RyanView Filing
edgar index10-Q — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexSCHEDULE 13G/A — Z Squared Inc.View Filing
edgar indexPOSASR — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexS-3ASR — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Z Squared Inc.View Filing
edgar indexS-1 — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar indexEFFECT — Z Squared Inc.View Filing
edgar index424B3 — Z Squared Inc.View Filing
edgar indexPOS AM — Z Squared Inc.View Filing
edgar indexEFFECT — Z Squared Inc.View Filing
edgar indexS-1 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
form 4Form 4 — Schadel Christopher RyanView Filing
form 4Form 4 — Schadel Christopher RyanView Filing
edgar index8-K/A — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index8-K — Z Squared Inc.View Filing
eight k text8-K — 8-KView Filing
edgar index10-Q — Z Squared Inc.View Filing
edgar indexSCHEDULE 13D/A — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar indexSCHEDULE 13D — Z Squared Inc.View Filing
edgar indexSCHEDULE 13G — Z Squared Inc.View Filing
form 3Form 3 — BSG Series CM, LLCView Filing
edgar index8-K — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index4 — Z Squared Inc.View Filing
edgar index8-K — Z Squared Inc.View Filing
form 4Form 4 — BSG Series CM, LLCView Filing
edgar index3 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
edgar index3 — Z Squared Inc.View Filing
form 3Form 3 — Halabu David EliasView Filing
edgar index8-K — Coeptis Therapeutics Holdings, Inc.View Filing
edgar indexSCHEDULE 13G — Coeptis Therapeutics Holdings, Inc.View Filing
form 4Form 4 — Schadel Christopher RyanView Filing
form 4Form 4 — Schadel Christopher RyanView Filing
form 4Form 4 — Burke Michelle EllenView Filing
form 4Form 4 — Cogley BrianView Filing
form 4Form 4 — Cogley BrianView Filing
form 4Form 4 — Cooper Kenneth LyleView Filing
form 4Form 4 — Fuerst Bryan EricView Filing
form 4Form 4 — Halabu David EliasView Filing
form 4Form 4 — Schadel Christopher RyanView Filing
form 4Form 4 — Schadel Christopher RyanView Filing
form 4Form 4 — Sohn Adam CraigView Filing