ZRCN · ZRCN Inc.
$7.00
At close · Apr 8
Going-concern doubt
— flagged Jul 7, 2026
Substantial doubt about the company's ability to continue as a going concern.
“These conditions raise substantial doubt about the Company's ability to continue as a going concern. Management is actively pursuing options to improve liquidity, including negotiating waivers or amendments to existing debt covenants, reducing discretionary spending, and evaluating potential capital raises. While these plans are intended to mitigate the risk, there can be no assurance that they will be successful in eliminating the substantial doubt.”View the 10-Q filed Jul 7, 2026
Market Cap
$72.53M
Shares
10.36M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2021
| Executive | Role | Total |
|---|---|---|
| Nick Zeng | CEO and President (Fleming) | $182,000 |
| Rui Zhu | Director, GM of Smarten | $161,073 |
| Kenneth Charles | (KC) Grainger, Director | $1,000 |
Fiscal 2020
| Executive | Role | Total |
|---|---|---|
| Nick Zeng | CEO and President (Fleming) | $172,000 |
| Rui Zhu | Director, GM of Smarten | $10,000 |
| Kenneth Charles | (KC) Grainger, Director | — |
Fiscal 2019
| Executive | Role | Total |
|---|---|---|
| Nick Zeng | CEO and President (Fleming) | $72,000 |
| Rui Zhu | Director, GM of Smarten | — |
| Kenneth Charles | (KC) Grainger, Director | — |
Fiscal 2018
| Executive | Role | Total |
|---|---|---|
| Kenneth Charles | (KC) Grainger, Director | — |
| Nick Zeng | CEO and President (Fleming) | — |
| Rui Zhu | Director, GM of Smarten | — |