Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Zapata Quantum, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2022
FY2022
FY2023
FY2024
FY2025
Revenue
5.68
3.88
Cost of revenue
4.58
3.24
Gross profit
1.1
0.64
Research and development
5.92
4.42
0.25
Selling and marketing
5.89
7.12
0.27
General and administrative
7.41
12.1
2.91
Operating expenses
19.2
23.7
3.43
Operating income
-0.01
-1.51
-18.1
-23
-3.43
Interest expense
0
0.07
0.96
0.51
Interest income
0
3.4
8.16
Other non-operating income
3.4
-11.6
-15.1
12.8
Pre-tax income
-29.7
-38.1
9.34
Income tax
0
0.02
0.02
Net income
-0.01
1.89
-29.7
-38.1
9.34
EBITDA
-17.9
-22.9
EPS, basic
-5.82
-1.30
0.09
EPS, diluted
-5.82
-1.30
0.04
Shares, basic (weighted)
4.66
29.4
102
Shares, diluted (weighted)
4.66
29.4
227
Balance sheet
FY2022
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
0
0
2.69
0.04
0
Receivables
0.83
1.57
Other current assets
0
0.59
0.32
0.23
0.18
Total current assets
0
1.21
5.59
2.18
1.84
Property, plant and equipment
0.16
Lease right-of-use assets
0.24
Other non-current assets
0.14
0.55
0.43
Total assets
0.6
240
8.07
2.73
2.27
Accounts payable
0.03
6.45
14
3.96
Accrued liabilities
0
0.03
Deferred revenue
0.5
0.74
0.41
0.41
Short-term debt
0
1.62
4.41
Total current liabilities
0.58
0.12
9.39
23.7
10.5
Long-term debt
0
2.45
2.24
Total liabilities
0.58
8.33
18.3
26.2
10.5
Total debt
8.9
2.55
Paid-in capital
0.02
0
14.6
104
110
Retained earnings
-0.01
-7.09
-89.5
-128
-118
Other comprehensive income
-0.05
-0.11
-0.16
Shareholders' equity
0.01
-57.1
-10.2
-23.5
-8.27
Total equity
0.01
-57.1
-10.2
-23.5
-8.27
Total liabilities and equity
0.6
240
8.07
2.73
2.27
Shares outstanding
4.68
43.6
172
Cash flow statement
FY2022
FY2022
FY2023
FY2024
FY2025
Net income
-0.01
1.89
-29.7
-38.1
9.37
Depreciation and amortization
0.16
0.12
Stock-based compensation
0.78
0
0.03
Change in receivables
-0.51
-0.09
Change in payables
3.51
7.06
0.2
Cash from operations
-0.01
-1.93
-14.8
-18.1
-1.67
Capital expenditures
-0.03
Cash from investing
0
-236
161
-0.03
Debt issued
6
Stock issued
0
0.01
0
0.07
Share buybacks
-161
Cash from financing
0.01
238
8.04
15.1
3.02
Exchange rate effect
-0.02
-0.06
-0.05
Net change in cash
0
0.62
-6.74
-3.11
1.3
Free cash flow
-18.1
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.76 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Return on equity (ROE)
139.2%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
31.9%
Net income / average total assets.
Growth
Metric
Value
How it is calculated
Net income CAGR, 3y
70.3%
Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y
-16.9%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-78.9%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y
672.6%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share
-$0.02
Cash from operations / diluted weighted shares.
Book value per share
$0.02
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/E
33.5x
Market cap / net income. Only when net income is positive.
P/B
46.6x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
46.6x
Market cap / tangible book value, when positive.
Earnings yield
3.0%
Net income / market cap (the inverse of P/E).
Was Zapata Quantum, Inc. profitable in fiscal 2025?
Yes. Net income was $9.3M, a net margin of -.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.