ZenaTech (ZENA) Registration Filing summary

Company overview and business model

• Operates in two segments: enterprise SaaS software and drone development, manufacturing, and services.

• Expanded into drone services in 2025 through acquisitions of land surveying and engineering companies, integrating proprietary drones into workflows.

• Offers turnkey Drone as a Service (DaaS) for commercial and government clients, eliminating the need for customers to own drone hardware or software.

• Maintains a global presence with operations in North America, Europe, UAE, and Asia, and is developing quantum computing and AI-driven drone solutions.

Financial performance and metrics

• For the nine months ended September 30, 2025: total revenues $7.9M, total expenses $30.9M, net loss $23.0M.

• Year ended December 31, 2024: revenues $2.4M, net loss $4.0M; 2023: revenues $1.8M, net loss $0.25M.

• As of September 30, 2025: total assets $78.6M, total liabilities $37.3M, shareholder equity $41.2M.

• 1-for-6 reverse stock split effective July 1, 2024; all share data adjusted accordingly.

Use of proceeds and capital allocation

• Net proceeds from the offering will be used for acquisitions, capital expenditures, R&D, sales and marketing, investments, and general corporate purposes, including working capital.

• Management retains broad discretion over allocation of proceeds.