Z Squared (ZSQR) investor relations material

Company overview and business model

• Operates as a computing and digital infrastructure company focused on digital asset mining, primarily Dogecoin and Litecoin, using Scrypt-algorithm ASIC hardware across six facilities in North Carolina, South Carolina, and Iowa.

• Pursuing strategic expansion into AI, high-density compute infrastructure, data center development, and power generation, with a goal to develop 100 MW of AI-ready inference capacity over 18 months via an acquire-and-convert strategy.

• Recently completed a business combination, resulting in a change of control and a new public listing under the symbol ZSQR.

Financial performance and metrics

• As of March 31, 2026, reported an accumulated deficit of approximately $113.9 million and a net loss of about $4 million for the three months ended March 31, 2026.

• Substantial doubt exists about the ability to continue as a going concern, with significant additional capital required for operations and growth.

• Mining revenues are highly sensitive to DOGE and LTC prices, with breakeven estimated at $0.13–$0.15 per DOGE; recent DOGE prices were below breakeven.

Use of proceeds and capital allocation

• Will not receive proceeds from the resale of shares by the selling securityholder; may receive up to $1.2 million if warrants are exercised.

• All funds and future earnings are expected to be retained to fund business development and growth; no plans to pay dividends in the foreseeable future.