ZRCN · ZRCN Inc. · Debt
$7.00
At close · Apr 8
Return incl. dividend (before tax)
Going-concern doubt
— flagged Sep 30, 2026
Substantial doubt about the company's ability to continue as a going concern.
“We do not believe our existing cash and cash equivalents along with borrowing capacity from our current lender will be sufficient to meet our anticipated cash needs over the next 12 months which raises substantial doubt about the Company's ability to continue as a going concern without any additional management actions. ... Management is actively pursuing options to improve liquidity, including negotiating waivers and/or amendments to our financial covenants, reducing discretionary spending and capital expenditures, negotiating cost reductions with our suppliers, continuing to improve inventory and evaluating potential capital raises. These plans should help the Company improve its liquidity position over the next fiscal year and enable the Company to continue as a going concern; however, while these plans are intended to mitigate the risk, there can be no assurance that they will be successful in eliminating the substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Sep 30, 2026
Market Cap
$72.53M
Shares
10.36M
Volume · Apr 8
100
Avg daily vol (3 sessions)
100
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Noncurrent line of credit borrowings | 2026-06-30 | USD 8,161,000 | 10-Q filed 2026-09-30 |
| Noncurrent notes payable | 2026-06-30 | USD 1,179,000 | 10-Q filed 2026-09-30 |
| Operating lease liabilities | 2026-06-30 | USD 316,000 | 10-Q filed 2026-09-30 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
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Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.