ZRCN · ZRCN Inc. · Financials
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
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2026 | FY2025 | FY2024 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| $26.56M | $26.89M | $28.08M | $31.52M | $48.02K | $6672 | |
| $18.05M | $19M | $16.94M | $17.69M | $36.77K | $5424 | |
| $8.51M | $7.89M | $11.14M | $13.83M | $11.25K | $1248 | |
| — | 29.34% | 39.68% | 43.88% | 23.44% | 18.71% | |
| $1.68M | $1.66M | $1.71M | $1.92M | $46.82K | $110.45K | |
| $4.75M | $4.76M | $4.53M | $4.37M | — | — | |
| $1.42M | $7.34M | $7.35M | $6.7M | $273.18K | $624.55K | |
| $138K | $92K | $103K | $84K | — | — | |
| $700K | $700K | $1M | $665K | — | $41.37K | |
| $13.74M | $13.76M | $13.59M | $12.99M | $374.67K | $843.88K | |
| -$5.23M | -$5.87M | -$2.46M | $836K | -$374.67K | -$842.64K | |
| — | -21.82% | -8.74% | 2.65% | — | -12629.44% | |
| -$4.53M | -$5.17M | -$1.46M | $1.5M | — | -$801.27K | |
| $814K | $739K | $804K | $739K | — | $108.02K | |
| -$1.39M | -$1.31M | $138K | -$855K | — | — | |
| -$6.62M | -$7.18M | -$2.32M | -$19K | — | — | |
| -$48K | -$129K | $573K | -$70K | — | — | |
| -$6.57M | -$7.05M | -$2.89M | $51K | -$331.62K | -$839.11K | |
| — | -26.22% | -10.29% | 0.16% | — | -12576.53% | |
| -$2000 | $23K | -$51K | $270K | — | — | |
| -$6.57M | -$7.07M | -$2.84M | -$219K | — | — | |
| USD/shares | -$0.63 | -$0.68 | -$0.28 | -$0.02 | -$0.02 | -$0.06 |
| USD/shares | -$0.63 | -$0.68 | -$0.28 | -$0.02 | — | — |
| shares | — | 10.35M | 10.08M | 9.57M | 20.24M | 14.15M |
| shares | — | 10.35M | 10.08M | 9.57M | — | 14.15M |
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.
| |||
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.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Geography (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| United States | $23,105,000 | $24,617,000 | $27,990,000 | $27,133,998 |
| Canada | $2,008,000 | $1,762,000 | $1,697,000 | $1,843,508 |
| Japan | $1,120,000 | $1,138,000 | $938,000 | $784,681 |
| Europe | $373,000 | $477,000 | $350,000 | $356,530 |
| Other | $283,000 | $81,000 | $544,000 | $372,844 |
| United Kingdom | — | — | — | $7,909 |
By Product & Service (USD)
| Component | FY2026 | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| Stud Sensor Edge | $16,921,000 | $15,910,000 | $18,652,000 | $17,836,599 |
| Stud Sensor Center | $4,756,000 | $5,748,000 | $5,324,000 | $4,901,818 |
| Multifunctional Scanners | $3,443,000 | $3,502,000 | $4,787,000 | $4,533,994 |
| Other | $1,176,000 | $1,344,000 | $1,160,000 | $1,445,922 |
| Target Control Products | $593,000 | $1,571,000 | $1,596,000 | $1,781,137 |
| Embedded and Non-Embedded Batteries | $10,000 | — | — | — |