ZSTK Hisse Senedi Özeti Fiyat, piyasa değeri, P/E, EPS, ROE, borç/öz sermaye, 52 haftalık aralık

03

Fiyat $4.86

Piyasa Değeri (MRQ) $12M

P/E (TTM) -0.1

Hisse Başına Kâr (TTM) $-49.49

Gelir (TTM) $30M

ROE (TTM) -1993.6%

D/E Borç/Özsermaye (MRQ) 0.2

52 Haftlık Aralık $1–$20

ZSTK Hisse Senedi Fiyat Grafiği Teknik göstergeler ile günlük OHLCV — kaydır, yakınlaştır ve görünümünüzü özelleştirin

04

aralık

çubuklar

Çubuk çözünürlüğü seçilen döneme uyum sağlar — bir çubuk için açılış/yüksek/düşük/kapanış değerlerini görmek için grafiğin üzerine gelin.

Hisse bölünmeleri 2

Ex-tarihi	Bölünme	Tür
04 Ağustos 2025	1-for-39	Ters
09 Haziran 2023	1-for-20	Ters

10 Yıllık Performans Gelir, net kar, marjlar ve EPS trendleri

06

Gelir$36M

2021-12-31 → 2025-12-31

Hisse Başına Kâr$-43.49

2022-12-31 → 2025-12-31

Serbest Nakit Akışı$-9M

2023-12-31 → 2025-12-31

Net kar marjı-592.3%

2023-12-31 → 2025-12-31

Değerleme ve Oranlar 07–12

Değerleme P/E, P/S, P/B, EV/EBITDA oranları — hisse senedi pahalı mı ucuz mu?

Metrik	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
P/E (TTM)	-0.1	·	·	·
F/S (TTM)	0.4	·	·	·
F/D (MRQ)	0.9	·	·	·
EV / EBITDA	-0.3	·	·	·
Fiyat / Serbest Nakit Akışı (TTM)	-2.1	·	·	·
Fiyat / Nakit Akışı (TTM)	-2.1	·	·	·
EV / Revenue (EV / Gelir)	1.5	·	·	·
EV / FCF	-6.0	·	·	·
Price / Tangible Book (Fiyat / Maddi Defter Değeri)	0.1	·	·	·

Akran ortalaması, metrik başına standartlaştırılmış bir temelde hesaplanır ve bu hisse senedi için gösterilen TTM/MRQ temelini her zaman eşleşmeyebilir.

Kârlılık Brüt, faaliyet ve net kâr marjları; ROE, ROA, ROIC

Metrik	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
Brüt Kar Marjı (TTM)	2.3%5Y ort. ≈16.3%	≈16.3%	·	·
Faaliyet Kâr Marjı (TTM)	-792.6%5Y ort. ≈-175.3%	≈-175.3%	·	·
FAVÖK Marjı (TTM)	-791.9%5Y ort. ≈-173.3%	≈-173.3%	·	·
Vergi Öncesi Kar Marjı (TTM)	-576.8%5Y ort. ≈-137.9%	≈-137.9%	·	·
Net Kâr Marjı (TTM)	-592.3%5Y ort. ≈-145.8%	≈-145.8%	·	·
ROA (TTM)	-743.2%5Y ort. ≈-108.6%	≈-108.6%	·	·
ROE (TTM)	-1993.6%5Y ort. ≈-266.9%	≈-266.9%	·	·
ROIC	-124.7%5Y ort. ≈-314.4%	≈-314.4%	·	·

Finansal Sağlık Borç, likidite, solventlik — bilanço gücü

Metrik	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
Borç / Öz Sermaye (MRQ)	0.25Y ort. ≈0.5	≈0.5	·	·
Cari Oran (MRQ)	0.95Y ort. ≈1.1	≈1.1	·	·
Quick Ratio (Cari Oran)	0.75Y ort. ≈0.6	≈0.6	·	·
Uzun Vadeli Borç / Özkaynak (MRQ)	0.0	·	·	·

Büyüme Gelir, EPS ve net gelir büyümesi: YOY, 3 Yıllık CAGR, 5 Yıllık CAGR

Metrik	5 Yıllık trend	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
Revenue YoY (Gelir Yıllık Bazda)		-0.53%5Y ort. ≈86.6%	≈86.6%	·	·
Revenue CAGR 3Y (Gelir 3 Yıllık Bileşik Büyüme Oranı)		2.2%	·	·	·

Hisse Başı Metrikler Hisse Başı Kâr, hisse başına defter değeri, hisse başına nakit akışı, hisse başına temettü

Metrik	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
EPS (Diluted) (Hisse Başına Kar (Seyreltilmiş))	$-43.495Y ort. ≈$-28.73	≈$-28.73	·	·
Revenue / Share (Hisse Başına Gelir)	$12958.955Y ort. ≈$9383.71	≈$9383.71	·	·
Cash Flow / Share (Hisse Başına Nakit Akışı)	$-3151.475Y ort. ≈$-1567.69	≈$-1567.69	·	·
Cash / Share (Hisse Başına Nakit)	$5.355Y ort. ≈$2.05	≈$2.05	·	·

Sermaye Verimliliği Aktif devir hızı, stok devir hızı, alacak devir hızı

Metrik	ZSTK	5Y ort.	Akran Ortalaması	Sonuç
Asset Turnover (Aktif Devir Hızı)	0.55Y ort. ≈1.4	≈1.4	·	·
Inventory Turnover (Stok Devir Hızı)	16.55Y ort. ≈9.9	≈9.9	·	·
Receivables Turnover (Alacak Devir Hızı)	30.25Y ort. ≈21.2	≈21.2	·	·
Revenue / Employee (Çalışan Başına Gelir)	≈$1.7M	·	·	·

değer · ≈ 5Y ort. · sektör ortalaması · ortalamaya göre değerlendirme

Kazanç Geçmişi EPS gerçekleşen vs tahmin, sürpriz %, kazanma oranı, bir sonraki kazanç tarihi

14

Ort. Sürpriz -2087.8%

Sonraki Rapor Kas 03, 2026

Dönem	Rapor	EPS Gerçek	EPS Tahmin	Sürpriz
30 Haziran 2026	Ağu 17, 2026	$-2.47	$-0.11	-2101.4%
31 Aralık 2025		$-27.08	$-0.40	-6707.4%
30 Eylül 2025		$-4.93	$-2.17	-126.9%
30 Haziran 2025		$-3.90	$-2.39	-63.4%
31 Mart 2025		$-15.99	$1.19	-1439.9%

Tüm Temeller Tüm metrikler yıla göre — gelir tablosu, bilanço, nakit akışı

15

Gelir Tablosu 16

Metrik	2025	2024	2023	2022	2021
Revenue	$36M	$36M	$76M	$33M	$9M
Cost of Revenue	$34M	$34M	$58M	$20M	$7M
Gross Profit	$2M	$2M	$18M	$13M	$2M
R&D Expense	·	$418.0K	$62.0K	$388.0K	$132.0K
SG&A Expense	$1M	$2M	$2M	$3M	$922.0K
Operating Expenses	$156M	$11M	$68M	$60M	$21M
Operating Income	$-155M	$-9M	$-50M	$-47M	$-19M
Interest Income	·	$213.0K	$94.0K	$4.0K	$78.0K
Pretax Income	$-115M	$-9M	$-48M	$-48M	$-21M
Income Tax	$59.0K	$22.0K	$-2M	$-1M	$-98.0K
Net Income	$-120M	$-16M	$-57M	$-52M	$-21M
EPS (Basic)	$-43.49	$-50.02	$-7.75	$-13.68	·
EPS (Diluted)	$-43.49	$-50.02	$-7.75	$-13.68	·
Shares (Basic)	2,753	318	7,356	3,832	·
Shares (Diluted)	2,753	318	7,356	3,832	·
EBITDA	$-154M	$-15M	$-48M	·	·

Bilanço 28

Metrik	2025	2024	2023	2022	2021
Cash & Equivalents	$6M	$5M	$4M	$9M	$38M
Receivables	$799.0K	$2M	$4M	$5M	$5M
Inventory	$2M	$2M	$9M	$9M	$3M
Prepaid Expense	$323.0K	$13.0K	$1M	$805.0K	$2M
Current Assets	$9M	$20M	$21M	$31M	$48M
PP&E (Net)	$128.0K	$81.0K	$847.0K	$1M	$4M
PP&E (Gross)	$255.0K	$172.0K	$1M	$1M	$4M
Accum. Depreciation	$127.0K	$91.0K	$262.0K	$208.0K	$223.0K
Goodwill	·	$2M	$0	$23M	$20M
Intangibles	·	$3M	$946.0K	$18M	$10M
Other Non-current Assets	$55.0K	$35.0K	$80.0K	$263.0K	·
Total Assets	$130M	$26M	$24M	$81M	$85M
Accounts Payable	$2M	$4M	$5M	$8M	$2M
Accrued Liabilities	$1M	·	·	·	·
Current Liabilities	$9M	$19M	$16M	$17M	$6M
Capital Leases	$279.0K	$122.0K	$942.0K	$2M	$908.0K
Deferred Tax	$9.0K	$0	$0	$2M	$2M
Other Non-current Liabilities	·	·	$942.0K	·	$2M
Total Liabilities	$60M	$22M	$17M	$25M	$9M
Long-term Debt	$53M	$2M	·	·	·
Total Debt	$53M	$2M	$2M	·	·
Common Stock	$0	$0	$0	$0	·
Paid-in Capital	$348M	$163M	$149M	$150M	$117M
Retained Earnings	$-278M	$-158M	$-143M	$-91M	$-39M
AOCI	$180.0K	$-221.0K	$-140.0K	$-3M	$-1M
Stockholders' Equity	$71M	$5M	$6M	$56M	$77M
Liabilities + Equity	$130M	$26M	$24M	$81M	$85M
Shares Outstanding	1,046,000	478,000	8,935,000	6,776,000	65,517

Nakit Akışı 14

Metrik	2025	2024	2023	2022	2021
D&A	$582.0K	$768.0K	$2M	$3M	$501.0K
Stock-based Comp	$1M	$3M	$2M	$3M	$1M
Deferred Tax	$56.0K	$22.0K	$-2M	$-1M	$-128.0K
Amort. of Intangibles	·	$642.0K	$2M	$2M	·
Other Non-cash	$109M	$8M	$46M	·	·
Operating Cash Flow	$-9M	$-5M	$-8M	$-16M	$-21M
CapEx	$127.0K	$134.0K	$163.0K	$1M	$4M
Investing Cash Flow	$-3M	$203.0K	$-234.0K	$-16M	$-15M
Stock Issued	$16M	$8M	$3M	$5M	$43M
Stock Repurchased	·	·	$0	$255.0K	$0
Net Stock Activity	$16M	$8M	$3M	·	·
Financing Cash Flow	$11M	$6M	$3M	$4M	$58M
Net Change in Cash	$373.0K	$2M	$-5M	$-28M	$22M
Free Cash Flow	$-9M	$-5M	$-9M	·	·

Kârlılık 8

Metrik	2025	2024	2023	2022	2021
Gross Margin	4.6%	21.0%	23.3%	·	·
Operating Margin	-433.5%	-26.3%	-66.2%	·	·
Net Margin	-335.6%	-26.7%	-75.0%	·	·
Pretax Margin	-323.3%	-27.0%	-63.5%	·	·
EBITDA Margin	-431.9%	-25.0%	-62.9%	·	·
ROA	-153.1%	-63.8%	-109.0%	·	·
ROE	-319.0%	-291.5%	-190.1%	·	·
ROIC	-124.7%	-234.8%	-583.8%	·	·

Likidite ve Solventlik 4

Metrik	2025	2024	2023	2022	2021
Current Ratio	1.0	1.0	1.3	·	·
Quick Ratio	0.7	0.5	0.5	·	·
Debt / Equity	0.8	0.5	0.3	·	·
LT Debt / Equity	0.7	·	·	·	·

Verimlilik 3

Metrik	2025	2024	2023	2022	2021
Asset Turnover	0.5	2.4	1.5	·	·
Inventory Turnover	16.5	6.6	6.8	·	·
Receivables Turnover	30.2	17.0	16.5	·	·

Hisse Başına 5

Metrik	2025	2024	2023	2022	2021
Book Value / Share	$67.45	$0.24	$0.72	·	·
Revenue / Share	$12958.95	$4850.82	$10341.35	·	·
Cash Flow / Share	$-3151.47	$-410.21	$-1141.38	·	·
Cash / Share	$5.35	$0.33	$0.49	·	·
EPS (TTM)	$-43.49	$-50.02	$-7.75	$-13.68	·

Büyüme Oranları 2

Metrik	Eğilim	2025	2024	2023	2022	2021
Revenue YoY		-0.53%	-52.8%	127.8%	271.9%	·
Revenue CAGR 3Y		2.2%	58.7%	·	·	·

Değerleme (TTM) 14

Metrik	2025	2024	2023	2022	2021
Revenue TTM	$36M	$36M	$76M	$33M	·
Net Income TTM	$-120M	$-16M	$-57M	$-52M	·
Market Cap	$7M	$744M	·	·	·
Enterprise Value	$54M	$740M	·	·	·
P/E	-0.1	-0.8	·	·	·
P/S	0.2	20.7	·	·	·
P/B	0.1	164.9	·	·	·
P / Tangible Book	0.1	·	·	·	·
P / Cash Flow	-0.8	-147.8	·	·	·
P / FCF	-0.7	-143.9	·	·	·
EV / EBITDA	-0.4	-49.7	·	·	·
EV / FCF	-6.2	-143.2	·	·	·
EV / Revenue	1.5	20.6	·	·	·
Earnings Yield	-694.7%	-124.5%	·	·	·

Gelir Tablosu 17

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue	$14M	$7M	$-654.0K	$10M	$10M	$7M	$-5M	$7M	$16M	$18M	$18M	$17M	$21M	$19M	$10M	$10M
Cost of Revenue	$12M	$4M	$4M	$9M	$9M	$6M	$233.0K	$7M	$13M	$14M	$14M	$12M	$18M	$14M	$7M	$5M
Gross Profit	$2M	$3M	$-4M	$335.0K	$619.0K	$535.0K	$-5M	$495.0K	$3M	$4M	$3M	$5M	$4M	$5M	$3M	$5M
R&D Expense	·	·	·	·	$73.0K	$113.0K	·	$118.0K	$62.0K	$47.0K	$25.0K	$8.0K	$13.0K	$16.0K	$-12.0K	$79.0K
SG&A Expense	·	·	$-312.0K	$473.0K	$760.0K	$470.0K	$491.0K	$409.0K	$587.0K	$442.0K	$269.0K	$340.0K	$685.0K	$352.0K	$321.0K	$956.0K
Operating Expenses	$26M	$66M	$143M	$4M	$2M	$2M	$-5M	$3M	$7M	$6M	$11M	$5M	$44M	$8M	$16M	$9M
Operating Income	$-24M	$-63M	$-148M	$-3M	$-2M	$-2M	$-786.0K	$-2M	$-4M	$-2M	$-7M	$-540.0K	$-40M	$-2M	$-14M	$-4M
Interest Expense	$89.0K	$66.0K	·	$61.0K	$96.0K	$51.0K	·	·	·	·	·	·	·	·	·	·
Interest Income	·	·	·	·	·	·	·	$27.0K	$-25.0K	$22.0K	$25.0K	$15.0K	$31.0K	$23.0K	$-141.0K	$76.0K
Pretax Income	$-24M	$-37M	$-109M	$-4M	$-2M	$-253.0K	$-994.0K	$-2M	$-3M	$-3M	$-8M	$579.0K	$-38M	$-3M	$-11M	$-7M
Income Tax	$258.0K	$-9.0K	$51.0K	$18.0K	$7.0K	$88.0K	$-5.0K	$-66.0K	$-35.0K	$128.0K	$-380.0K	$-51.0K	$-1M	$-78.0K	$-1M	$0
Net Income	$-25M	$-37M	$-110M	$-7M	$-2M	$-758.0K	$-6M	$-4M	$-3M	$-3M	$-10M	$1M	$-44M	$-4M	$-13M	$-7M
EPS (Basic)	$-2.47	$-3.68	$-34.29	$-9.05	$-4.27	$-1.54	$-38.40	$-11.03	$-0.21	$-0.38	$-0.77	$0.18	$-6.58	$-0.58	$-3.03	$-1.93
EPS (Diluted)	$-2.47	$-3.68	$-34.29	$-9.05	$-4.27	$-1.54	$-38.40	$-11.03	$-0.21	$-0.38	$-0.75	$0.16	$-6.58	$-0.58	$-3.03	$-1.93
Shares (Basic)	9,961	9,958	·	736	565	492	·	342	12,278	8,916	·	6,940	6,726	6,640	·	3,831
Shares (Diluted)	9,961	9,958	·	736	565	492	·	342	12,278	8,916	·	7,637	6,726	6,640	·	3,831
EBITDA	$-24M	$-63M	·	$-3M	$-3M	$-795.0K	·	$-4M	$-4M	$-2M	·	$-540.0K	$-40M	$-2M	·	·

Bilanço 28

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Cash & Equivalents	$3M	$2M	$6M	$13M	$1M	$4M	$5M	$4M	$6M	$4M	$4M	$5M	$2M	$5M	$9M	·
Receivables	$927.0K	$783.0K	$799.0K	$2M	$5M	$4M	$2M	$4M	$3M	$3M	$4M	$4M	$5M	$7M	$5M	·
Inventory	$2M	$2M	$2M	$2M	$5M	$5M	$2M	$8M	$7M	$9M	$9M	$11M	$9M	$10M	$9M	·
Prepaid Expense	$4M	$2M	$323.0K	$92.0K	$661.0K	$665.0K	$13.0K	$1M	$1M	$1M	$1M	$957.0K	$2M	$2M	$805.0K	·
Current Assets	$11M	$11M	$9M	$18M	$13M	$13M	$20M	$21M	$21M	$22M	$21M	$24M	$22M	$28M	$31M	·
PP&E (Net)	$115.0K	$120.0K	$128.0K	$151.0K	$414.0K	$354.0K	$81.0K	$518.0K	$806.0K	$786.0K	$847.0K	$900.0K	$951.0K	$5M	$1M	·
PP&E (Gross)	$248.0K	$250.0K	$255.0K	$274.0K	$763.0K	$680.0K	$172.0K	$905.0K	$1M	$1M	$1M	$1M	$1M	$6M	$1M	·
Accum. Depreciation	$133.0K	$130.0K	$127.0K	$123.0K	$349.0K	$326.0K	$91.0K	$387.0K	$370.0K	$331.0K	$262.0K	$230.0K	$185.0K	$771.0K	$208.0K	·
Goodwill	·	·	·	·	$5M	$5M	·	$2M	$2M	·	$0	$0	$0	$23M	$23M	·
Intangibles	·	·	·	·	$3M	$3M	·	$4M	$4M	$908.0K	$946.0K	$5M	$6M	$17M	$18M	·
Other Non-current Assets	$55.0K	$55.0K	$55.0K	$56.0K	$165.0K	$106.0K	$35.0K	$102.0K	$101.0K	$103.0K	$80.0K	$285.0K	$263.0K	·	$263.0K	·
Total Assets	$25M	$45M	$130M	$74M	$23M	$22M	$26M	$29M	$30M	$24M	$24M	$32M	$30M	$77M	$81M	·
Accounts Payable	$2M	$2M	$2M	$3M	$4M	$4M	$4M	$7M	$5M	$5M	$5M	$7M	$7M	$6M	$8M	·
Accrued Liabilities	·	·	$1M	·	·	·	·	·	·	·	·	·	·	·	·	·
Current Liabilities	$11M	$8M	$9M	$9M	$14M	$13M	$19M	$21M	$18M	$19M	$16M	$17M	$18M	$15M	$17M	·
Capital Leases	$228.0K	$251.0K	$279.0K	$307.0K	$2M	$2M	$122.0K	$2M	$2M	$2M	$942.0K	$1M	$1M	$2M	$2M	·
Deferred Tax	$0	$0	$9.0K	$28.0K	$876.0K	$870.0K	$0	$971.0K	$1M	·	$0	$481.0K	$523.0K	$2M	$2M	·
Other Non-current Liabilities	·	·	·	·	·	·	·	·	·	·	·	·	·	$2M	·	·
Total Liabilities	$11M	$8M	$60M	$9M	$19M	$18M	$22M	$24M	$22M	$21M	$17M	$18M	$20M	$23M	$25M	·
Long-term Debt	$2M	$3M	$53M	$3M	$3M	$2M	$2M	·	·	·	·	·	·	·	·	·
Total Debt	$2M	$3M	·	$3M	$3M	$2M	·	$2M	$2M	$3M	·	$1M	$1M	$1M	·	·
Common Stock	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	·
Paid-in Capital	$353M	$351M	$348M	$233M	$165M	$164M	$163M	$156M	$156M	$149M	$149M	$150M	$151M	$150M	$150M	·
Retained Earnings	$-339M	$-314M	$-278M	$-168M	$-161M	$-159M	$-158M	$-152M	$-148M	$-146M	$-143M	$-134M	$-138M	$-94M	$-91M	·
AOCI	$203.0K	$187.0K	$180.0K	$196.0K	$251.0K	$-196.0K	$-221.0K	$185.0K	$-132.0K	$-113.0K	$-140.0K	$-2M	$-2M	$-2M	$-3M	·
Stockholders' Equity	$14M	$37M	$71M	$65M	$4M	$5M	$5M	$4M	$7M	$3M	$6M	$14M	$11M	$54M	$57M	·
Liabilities + Equity	$25M	$45M	$130M	$74M	$23M	$22M	$26M	$29M	$30M	$24M	$24M	$32M	$30M	$77M	$81M	·
Shares Outstanding	2,430,000	2,430,000	1,046,000	712,000	22,569,000	19,436,000	478,000	13,367,000	13,367,000	8,981,000	8,935,000	8,216	6,859,000	136,938	6,776,000	·

Nakit Akışı 14

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
D&A	$4.0K	$4.0K	$4.0K	$201.0K	$195.0K	$182.0K	$211.0K	$226.0K	$257.0K	$74.0K	$292.0K	$306.0K	$944.0K	$942.0K	$648.0K	$635.0K
Stock-based Comp	$2M	$3M	$323.0K	$541.0K	$172.0K	$172.0K	$2M	$406.0K	$12.0K	$10.0K	$595.0K	$4.0K	$338.0K	$654.0K	$453.0K	$162.0K
Amort. of Intangibles	·	·	·	·	$100.0K	$161.0K	·	$200.0K	$200.0K	$100.0K	$219.0K	$300.0K	$800.0K	$800.0K	$541.0K	$500.0K
Other Non-cash	·	$30M	·	·	·	$-2M	·	·	·	$2M	·	·	·	$-2M	·	·
Operating Cash Flow	$1M	$-4M	$-3M	$100.0K	$-3M	$-3M	$-1M	$-2M	$-265.0K	$-1M	$-1M	$518.0K	$-3M	$-4M	$-963.0K	$-4M
CapEx	$0	$0	$29.0K	$9.0K	$65.0K	$24.0K	$0	$20.0K	$26.0K	$88.0K	$-38.0K	$6.0K	$93.0K	$102.0K	$345.0K	$226.0K
Investing Cash Flow	$0	$0	$-3M	$-11.0K	$-1M	$370.0K	$0	$236.0K	$55.0K	$-88.0K	$38.0K	$-77.0K	$-93.0K	$-102.0K	$385.0K	$-7.0K
Stock Issued	$0	$115.0K	$1M	$13M	$1M	$0	$4M	$0	·	·	$0	$3M	·	·	$5M	·
Stock Repurchased	·	·	·	·	·	·	·	·	·	·	·	$0	·	·	$0	$5.0K
Net Stock Activity	·	$115.0K	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Financing Cash Flow	$-727.0K	$571.0K	$-719.0K	$11M	$2M	$0	$3M	$-257.0K	$2M	$-1M	$704.0K	$2M	$131.0K	$-19.0K	$5M	$-71.0K
Net Change in Cash	$662.0K	$-3M	$-8M	$12M	$-2M	$-2M	$2M	$-2M	$2M	$-194.0K	$-413.0K	$3M	$-3M	$-4M	$4M	$-4M
Free Cash Flow	·	$-4M	·	·	·	$-3M	·	·	·	$-1M	·	·	·	$-4M	·	·
Levered FCF	·	$-4M	·	·	·	·	·	·	·	·	·	·	·	·	·	·

Kârlılık 8

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Gross Margin	11.8%	43.2%	·	3.4%	19.1%	24.5%	·	22.8%	20.2%	21.4%	·	28.5%	18.4%	27.2%	·	·
Operating Margin	-177.4%	-861.3%	·	-33.5%	-17.3%	-8.3%	·	-29.6%	-22.6%	-13.8%	·	-3.1%	-186.7%	-15.3%	·	·
Net Margin	-180.2%	-504.0%	·	-68.3%	-16.3%	-6.4%	·	-30.3%	-16.8%	-18.7%	·	7.1%	-207.6%	-19.4%	·	·
Pretax Margin	-178.3%	-504.1%	·	-37.0%	-16.6%	-6.1%	·	-31.8%	-17.2%	-18.0%	·	3.3%	-177.6%	-19.8%	·	·
EBITDA Margin	-177.4%	-861.3%	·	-33.5%	-17.3%	-6.8%	·	-29.6%	-22.6%	-13.4%	·	-3.1%	-186.7%	-10.6%	·	·
ROA	-102.9%	-108.5%	·	-12.9%	-9.2%	-3.2%	·	-12.4%	-8.7%	-6.7%	·	7.8%	-292.4%	-10.1%	·	·
ROE	-275.9%	-176.4%	·	-19.2%	-42.6%	-19.2%	·	-40.6%	-28.8%	-11.8%	·	17.3%	-815.0%	-14.4%	·	·
ROIC	-150.9%	-156.8%	·	-4.9%	-35.4%	-14.2%	·	-54.6%	-35.9%	-41.5%	·	-3.8%	-320.5%	-5.5%	·	·

Likidite ve Solventlik 5

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Current Ratio	0.9	1.4	·	2.1	1.0	1.0	·	1.0	1.2	1.1	·	1.4	1.2	1.8	·	·
Quick Ratio	0.3	0.3	·	1.8	0.5	0.6	·	0.4	0.5	0.4	·	0.5	0.4	0.8	·	·
Debt / Equity	0.2	0.1	·	0.0	0.8	0.5	·	0.5	0.3	1.0	·	0.1	0.1	0.0	·	·
LT Debt / Equity	0.0	0.0	·	0.0	0.1	0.1	·	·	·	·	·	·	·	·	·	·
Interest Coverage	·	-949.3	·	·	·	·	·	·	·	·	·	·	·	·	·	·

Verimlilik 3

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Asset Turnover	0.6	0.2	·	0.2	0.6	0.5	·	0.4	0.5	0.4	·	1.1	1.4	0.5	·	·
Inventory Turnover	3.8	1.3	·	1.8	2.1	1.3	·	1.0	1.6	1.4	·	2.3	4.0	2.8	·	·
Receivables Turnover	4.5	3.0	·	3.1	3.5	3.2	·	3.3	3.9	3.6	·	9.8	8.8	6.0	·	·

Hisse Başına 5

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Book Value / Share	$5.69	$15.14	·	$91.18	$0.18	$0.24	·	$0.32	$0.55	$0.35	·	$1743.31	$1.59	$394.72	·	·
Revenue / Share	$1371.15	$730.47	·	$13244.57	$689.66	$618.23	·	$933.50	$1277.33	$2022.32	·	$2267.51	$3190.60	·	·	·
Cash Flow / Share	·	$-386.32	·	·	·	$-143.10	·	·	·	$-150.29	·	·	·	·	·	·
Cash / Share	$1.09	$0.81	·	$18.40	$0.07	$0.19	·	$0.31	$0.46	$0.46	·	$579.72	$0.26	$38.40	·	·
EPS (TTM)	$-49.49	$-51.29	·	$-53.26	$-55.24	$-51.18	·	$-12.37	$-1.18	$-7.55	·	$-10.03	$-12.12	$-11.96	·	·

Değerleme (TTM) 11

Metrik	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Revenue TTM	$30M	$26M	·	$21M	$19M	$25M	·	$59M	$69M	$75M	·	$68M	$60M	$48M	·	·
Net Income TTM	$-178M	$-156M	·	$-16M	$-13M	$-13M	·	$-20M	$-15M	$-57M	·	$-60M	$-68M	$-49M	·	·
Market Cap	$7M	$15M	·	$12M	$511M	$459M	·	$798M	$532M	$809M	·	·	·	·	·	·
Enterprise Value	$7M	$16M	·	$2M	$512M	$457M	·	$796M	$528M	$808M	·	·	·	·	·	·
P/E	-0.1	-0.1	·	-0.3	-0.4	-0.5	·	-4.8	-33.7	-11.9	·	·	·	·	·	·
P/S	0.2	0.6	·	0.6	27.3	18.6	·	13.5	7.7	10.8	·	·	·	·	·	·
P/B	0.5	0.4	·	0.2	126.9	96.4	·	187.7	72.8	257.8	·	·	·	·	·	·
P / Tangible Book	0.5	0.4	·	0.2	·	·	·	·	539.8	362.8	·	·	·	·	·	·
P / Cash Flow	·	-3.9	·	·	·	-168.1	·	·	·	-603.8	·	·	·	·	·	·
EV / Revenue	0.2	0.6	·	0.1	27.3	18.5	·	13.5	7.7	10.8	·	·	·	·	·	·
Earnings Yield	-1649.7%	-829.9%	·	-308.4%	-244.2%	-216.9%	·	-20.7%	-3.0%	-8.4%	·	·	·	·	·	·

En son dönem solda · null değerler · olarak gösterilir

Finansal Tablolar Gelir tablosu, bilanço, nakit akışı — yıllık, son 5 yıl

16

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Gelir	$36M	$36M	$76M	$33M	$9M
Brüt Kâr Marjı %	4.6%	21.0%	23.3%	·	·
Faaliyet Kâr Marjı %	-433.5%	-26.3%	-66.2%	·	·
Net Gelir	$-120M	$-16M	$-57M	$-52M	$-21M
Seyreltilmiş Hisse Başı Kâr	$-43.49	$-50.02	$-7.75	$-13.68	·

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Borç / Öz Sermaye	0.8	0.5	0.3	·	·
Cari Oran	1.0	1.0	1.3	·	·
Cari Oran	0.7	0.5	0.5	·	·

Metrik	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Serbest Nakit Akışı	$-9M	$-5M	$-9M	·	·

Kurumsal Sahipler (13F) 11 dosya · $184K toplam · Tarih itibarıyla 30 Haziran 2026

17

Çeyreklik SEC Form 13F'lerinde bu hisse senedini tuttuklarını bildiren kurumlar. Yalnızca uzun pozisyonlar; tek bir başvuru sahibi, ayrı opsiyon bacakları için iki kez görünebilir. Büyük dengeleyici alım/satım bacakları genellikle piyasa yapımını veya korunmuş envanteri yansıtır, yönlü bir inancı değil.

Sahipler 11

Tutulan Değer $184K

Yeni pozisyonlar 3

Çıkan pozisyonlar 2

Kurumsal faaliyet — Q2 2026 ve önceki çeyrek

Yeni pozisyonlar	Çıkan pozisyonlar	Artırıldı	Azaldı	Net hisse senedi değişimi
3	2	0	3	·

Q1 2026 ile karşılaştırıldı. SEC Form 13F başvuruları, çeyrek sonundan itibaren 45 gün içinde ve geç başvuranlar için kısa bir ek süre içinde tamamlanmalıdır — bu pencere içindeki çeyrekler, en son tam olarak raporlanan çifte tercih edilerek atlanır. Önceki çeyreğe göre değişim gösterilmiyor: başvuru sahibi kapsamı, güvenilir bir karşılaştırma için bu iki çeyrek arasında çok fazla farklılık göstermektedir.

Kurum	Değer	Hisse senetleri	% izlenen 13F'nin	Tür
VANGUARD CAPITAL MANAGEMENT LLC	$76.320	25.440	41,52%	Hisse senetleri
GEODE CAPITAL MANAGEMENT, LLC	$62.984	20.994	34,26%	Hisse senetleri
VANGUARD FIDUCIARY TRUST CO	$37.944	12.648	20,64%	Hisse senetleri
Tower Research Capital LLC (TRC)	$5.190	1.730	2,82%	Hisse senetleri
UBS Group AG	$1.320	440	0,72%	Hisse senetleri
OSAIC HOLDINGS, INC.	$36	12	0,02%	Hisse senetleri
MORGAN STANLEY	$21	7	0,01%	Hisse senetleri
BARCLAYS PLC	$9	3	0,00%	Hisse senetleri
CITIGROUP INC	$3	1	0,00%	Hisse senetleri
Key Financial Inc	$3	1	0,00%	Hisse senetleri
ROYAL BANK OF CANADA	$0	12	0,00%	Hisse senetleri

Aktivistler ve %5+ sahipler 7 pozisyon

18

SEC Çizelge 13D dosyalayan yatırımcılar — ihraççı üzerinde nüfuz etme niyetiyle %5'in üzerinde faydalı sahiplik (aktivist hisseler, yönetim kurulu kampanyaları, M&A). Her satır, o başvuru sahibinin pozisyonunun bilinen en son durumunu gösterir.

Başvuru sahibi	Dosyalandı	Hisse	Durum	Amaç	Başvuru
Heinrich Michael, Zero Gravity Labs Inc. ×4 başvurular	21 Temmuz 2026	30,20%	Değişiklik	·	SEC
Vaiman Dany ×3 başvurular	21 Temmuz 2026	2,90%	Değişiklik	·	SEC
Reis-Faria Daniel ×3 başvurular	21 Temmuz 2026	37,50%	Değişiklik	·	SEC
Starke Clifford	21 Temmuz 2025	17,10%	Değişiklik	·	SEC
Dany Vaiman (the “Reporting Person”) ×2 başvurular	17 Aralık 2024	·	İlk başvuru	·	SEC
Clifford Starke (the “Reporting Person”) ×4 başvurular	17 Aralık 2024	·	İlk başvuru	·	SEC
CLIFFORD STARKE, DANY VAIMAN, EDWARD WOO ×2 başvurular	21 Nisan 2023	·	İlk başvuru	Pasif yatırım	SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Şirket yöneticileri 20 içeriden öğrenenler · 8 yöneticiler · 17 yönetim kurulu üyeleri

19

İçeriden Öğrenen	Rol	Son işlem	Sahip olunan hisse senetleri	Alımlar 12ay	Satışlar 12ay	Net 12ay
Reis-Faria Daniel	CEO	20 Temmuz 2026 X	5.954.743	1	0	$149.999.976
Clifford Starke	CEO	30 Haziran 2025 A	906.846	0	0	$0
Vaiman Dany	CFO	20 Temmuz 2026 A	170.850	0	0	$0
Rudy Rong	President	19 Ağustos 2026 S	0	0	1	$-7.570
Heinrich Michael	Executive Chairman	20 Temmuz 2026 A	4.608.575	1	0	$3.456.431
Sammy Dorf	Executive Chairman	15 Aralık 2024 A	250.000	0	0	$0
Kevin Taylor	Chairman	15 Kasım 2023 A	124.186	0	0	$0
Matthew S. Cohen,	General Counsel	18 Mayıs 2023 F	329.610	0	0	$0
Manfred Leventhal	Yönetim kurulu üyesi	05 Mayıs 2026 A	·	0	0	$0
Edward Woo	Yönetim kurulu üyesi	05 Mayıs 2026 A	134.698	0	0	$0
Laurence Zeifman	Yönetim kurulu üyesi	05 Mayıs 2026 A	·	0	0	$0
Michael John Brown	Yönetim kurulu üyesi	22 Ekim 2025 A	·	0	0	$0
Harold Wolkin	Yönetim kurulu üyesi	30 Haziran 2025 A	25.000	0	0	$0
Thomas Solomon	Yönetim kurulu üyesi	15 Kasım 2023 A	35.766	0	0	$0
Hussein Rakine	Yönetim kurulu üyesi	25 Haziran 2023 D	2.500	0	0	$0
John Timothy Leslie	Yönetim kurulu üyesi	17 Mart 2023 A	138.574	0	0	$0
Marc Mastronardi	Yönetim kurulu üyesi	17 Mart 2023 A	160.000	0	0	$0
Beverley Richardson	Yönetim kurulu üyesi	17 Mart 2023 A	150.000	0	0	$0
Juan Carlos Gomez Roa	Yönetim kurulu üyesi	17 Mart 2023 A	2.042.509	0	0	$0
Brandon Konigsberg	Yönetim kurulu üyesi	17 Mart 2023 A	100.000	0	0	$0

SEC Form 3/4/5 başvurularından yöneticiler; net = yalnızca açık piyasa Alış/Satış

ETF sahipliği 1 ETF tarafından tutuluyor

20

Ağırlık yalnızca doğrudan öz sermaye varlıklarını (N-PORT) yansıtır; kaldıraçlı veya türev tabanlı fonlar gösterilmeyen ek swap pozisyonlarına sahip olabilir.

Fon	Ağırlık	Birimler	Tarih itibarıyla	Kaynak
VXF · VANGUARD INDEX FUNDS	0,00%	25.440 SH	19 Ağustos 2026	Günlük

ZSTK Analist Uzlaşması Boğa ve ayı analist görüşleri, 12 aylık fiyat hedefi, yukarı yönlü potansiyel

21

derecelendirme · 7 analist AL

Medyan hedef $11.00 +126,3%

2 28,6% Güçlü Al

4 57,1% Al

1 14,3% Tut

0 0,0% Sat

0 0,0% Güçlü Sat

12 Aylık Fiyat Hedefi

1 analist · 2026-10-03

Ortalama hedef $11.00 +126,3%

Düşük$11.00 Ortalama$11.00 Yüksek$11.00

Akran karşılaştırması (GICS alt sektörü) Anahtar metrikler sektördeki benzerlerine karşı

22

Mali yıl bazında, fiyatlar her şirketin son mali yıl kapanışına göredir.

Hisse Sembolü	Piyasa Değeri	P/E	Gelir YoY	Net Kar Marjı	ROE	Brüt Kar Marjı
ZSTK	$7M	-0.1	-0.53%	-335.6%	-319.0%	4.6%
ACH	·	·	·	·	·	·
MEDS	·	·	·	·	·	·

Metriklerim Kişisel izleme listeniz — Tam Temeller'den seçilen satırlar

26

Sizin için önemli olan metrikleri seçin — Yukarıdaki Tam Temeller bölümündeki herhangi bir satırın yanındaki + işaretine tıklayın.

Seçiminiz kaydedildi ve tüm hisse senetlerinde sizinle birlikte gelir.

ZSTK ZeroStack Corp. - Common Stock