Zapata Quantum Financials
This page shows Zapata Quantum (ZPTA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Zapata Quantum’s reported profits do not fund operations; external financing and a cash-starved balance sheet still drive the business.
In FY2025, net income turned positive at$9.3M , but operating cash flow was still-$1.7M , cash ended at$0 , and financing added$3.0M . That combination means the earnings figure did not supply liquidity; the company was still relying on outside capital to meet obligations.
From FY2023 to FY2025, the operating loss narrowed from
Balance-sheet pressure remains the core constraint: total assets shrank from
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Zapata Quantum's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Zapata Quantum has elevated debt relative to equity (D/E of -1.27), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Zapata Quantum's current ratio of 0.17 is below the typical benchmark, resulting in a score of 0/100. This tight liquidity could limit financial flexibility if cash inflows slow.
Zapata Quantum passes 3 of 9 financial strength tests. 1 of 3 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
For every $1 of reported earnings, Zapata Quantum generates $-0.18 in operating cash flow (-$1.7M OCF vs $9.3M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Zapata Quantum earns $-6.7 in operating income for every $1 of interest expense (-$3.4M vs $513K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Zapata Quantum reported $9.3M in net income in fiscal year 2025.
Zapata Quantum earned $0.04 per diluted share (EPS) in fiscal year 2025. This represents an increase of 103.1% from the prior year.
Cash & Balance Sheet
Zapata Quantum held $0 in cash against $0 in long-term debt as of fiscal year 2025.
Zapata Quantum had 163M shares outstanding in fiscal year 2025. This represents an increase of 273.0% from the prior year.
Margins & Returns
Capital Allocation
Zapata Quantum invested $252K in research and development in fiscal year 2025. This represents a decrease of 94.3% from the prior year.
ZPTA Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | N/A | $0-100.0% | $657K-67.2% | $2.0M+64.3% | $1.2M |
| Cost of Revenue | N/A | N/A | N/A | N/A | -$4K-100.4% | $913K-28.7% | $1.3M+21.7% | $1.1M |
| Gross Profit | N/A | N/A | N/A | N/A | $4K+101.6% | -$256K-135.5% | $721K+334.3% | $166K |
| R&D Expenses | N/A | N/A | N/A | N/A | $49K-96.4% | $1.4M-13.9% | $1.6M+13.2% | $1.4M |
| SG&A Expenses | N/A | $1.0M+75.2% | $584K-14.1% | $680K-60.0% | $1.7M-56.6% | $3.9M-8.8% | $4.3M+95.2% | $2.2M |
| Operating Income | N/A | -$1.0M-76.2% | -$584K+14.1% | -$680K | N/A | -$7.6M-3.4% | -$7.4M-45.2% | -$5.1M |
| Interest Expense | N/A | $136K-3.5% | $141K+38.2% | $102K+121.7% | $46K-16.4% | $55K-28.6% | $77K-90.2% | $784K |
| Income Tax | N/A | N/A | N/A | N/A | $0-100.0% | $7K0.0% | $7K+16.7% | $6K |
| Net Income | N/A | $3.3M+20.9% | $2.7M+450.6% | -$770K | N/A | $3.5M+122.4% | -$15.6M+30.2% | -$22.3M |
| EPS (Diluted) | N/A | $0.02-50.0% | $0.04+300.0% | $-0.02 | N/A | $0.09+118.8% | $-0.48+88.3% | $-4.09 |
ZPTA Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.3M-31.2% | $3.3M-12.4% | $3.8M+46.7% | $2.6M-6.0% | $2.7M-58.2% | $6.5M-41.5% | $11.2M+13.5% | $9.9M |
| Current Assets | $1.8M-35.1% | $2.8M-13.4% | $3.3M+60.0% | $2.0M-6.2% | $2.2M-66.2% | $6.5M-41.3% | $11.0M+15.0% | $9.6M |
| Cash & Equivalents | $0-100.0% | $919K-32.2% | $1.4M+370.8% | $288K+657.9% | $38K-98.5% | $2.5M-62.6% | $6.7M+10.2% | $6.0M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | $1.6M | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $10.5M-45.6% | $19.4M-16.3% | $23.1M-13.6% | $26.8M+2.2% | $26.2M-0.6% | $26.4M-30.9% | $38.1M+23.3% | $30.9M |
| Current Liabilities | $10.5M-41.8% | $18.1M-17.4% | $21.9M-10.3% | $24.5M+3.4% | $23.7M+8.5% | $21.8M-4.8% | $22.9M-1.0% | $23.1M |
| Long-Term Debt | N/A | $1.2M+3.3% | $1.2M-48.3% | $2.3M-9.3% | $2.5M-8.3% | $2.8M+33.5% | $2.1M-5.0% | $2.2M |
| Total Equity | -$8.3M+48.5% | -$16.1M+17.1% | -$19.4M+20.0% | -$24.2M-3.2% | -$23.5M-18.4% | -$19.8M+26.5% | -$27.0M-27.9% | -$21.1M |
| Retained Earnings | -$118.3M+3.4% | -$122.5M+2.6% | -$125.7M+2.1% | -$128.4M-0.6% | -$127.7M-3.0% | -$123.9M+2.7% | -$127.4M-13.9% | -$111.8M |
ZPTA Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$680K-30.5% | -$521K-28.6% | -$405K-586.4% | -$59K+98.0% | -$3.0M+56.0% | -$6.8M-12.1% | -$6.1M-184.4% | -$2.1M |
| Capital Expenditures | N/A | N/A | N/A | N/A | $0-100.0% | $8K-46.7% | $15K+36.4% | $11K |
| Free Cash Flow | N/A | N/A | N/A | N/A | -$3.0M+56.1% | -$6.9M-11.9% | -$6.1M-183.7% | -$2.2M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | $0+100.0% | -$8K+46.7% | -$15K-36.4% | -$11K |
| Financing Cash Flow | $1.4M+1336.0% | $100K | N/A | N/A | $149K-94.7% | $2.8M-53.9% | $6.1M-0.7% | $6.1M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
ZPTA Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | -39.0%-75.0pp | 36.0%+22.4pp | 13.6% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | -1160.1%-791.7pp | -368.4%+48.3pp | -416.8% |
| Net Margin | N/A | N/A | N/A | N/A | N/A | 530.0%+1308.4pp | -778.4%+1054.1pp | -1832.5% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | N/A | 98.9%+27.2pp | 71.7%+101.6pp | -30.0% | N/A | 53.2%+192.4pp | -139.2%+87.3pp | -226.5% |
| Current Ratio | 0.17+0.0 | 0.160.0 | 0.15+0.1 | 0.080.0 | 0.09-0.2 | 0.30-0.2 | 0.48+0.1 | 0.41 |
| Debt-to-Equity | -1.27-1.2 | -0.08-0.0 | -0.06+0.0 | -0.10+0.0 | -0.11+0.0 | -0.14-0.1 | -0.08+0.0 | -0.10 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | -1043.1%-737.1pp | -305.9%-128.8pp | -177.2% |
Note: Shareholder equity is negative (-$8.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.17), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Frequently Asked Questions
Is Zapata Quantum profitable?
Yes, Zapata Quantum (ZPTA) reported a net income of $9.3M in fiscal year 2025.
What is Zapata Quantum's operating cash flow?
Zapata Quantum (ZPTA) generated -$1.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Zapata Quantum's total assets?
Zapata Quantum (ZPTA) had $2.3M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Zapata Quantum spend on research and development?
Zapata Quantum (ZPTA) invested $252K in research and development during fiscal year 2025.
What is Zapata Quantum's current ratio?
Zapata Quantum (ZPTA) had a current ratio of 0.17 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Zapata Quantum's debt-to-equity ratio?
Zapata Quantum (ZPTA) had a debt-to-equity ratio of -1.27 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Zapata Quantum's return on assets (ROA)?
Zapata Quantum (ZPTA) had a return on assets of 410.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Zapata Quantum's cash runway?
Based on fiscal year 2025 data, Zapata Quantum (ZPTA) had $0 in cash against an annual operating cash burn of $1.7M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Zapata Quantum's debt-to-equity ratio negative or unusual?
Zapata Quantum (ZPTA) has negative shareholder equity of -$8.3M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Zapata Quantum's Piotroski F-Score?
Zapata Quantum (ZPTA) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Zapata Quantum's earnings high quality?
Zapata Quantum (ZPTA) has an earnings quality ratio of -0.18x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Zapata Quantum cover its interest payments?
Zapata Quantum (ZPTA) has an interest coverage ratio of -6.7x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Zapata Quantum?
Zapata Quantum (ZPTA) scores 0 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.