Company: ZRCN
Filing Date: 2025-09-10
Form Type: 10-K
Source: 0001641172-25-027037
Chunk: 877

Company: ZRCN Inc.
Filing Date: 2025-09-10
Form: 10-K
Item: Item 8
Chunk 877
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     7,354  
     6,702 
  
    Marketing and selling 
     4,528  
     4,373 
  
    Research
    and development 
     1,712  
     1,918 
  
    Total operating expenses 
     13,594  
     12,993 
  
    (Loss) income from operations 
     (2,455) 
     836 

    Other (income) expenses: 

    Other income 
     (800) 
     — 
  
    Interest expense 
     804  
     739 
  
    Other expenses 
     30  
     31 
  
    (Gain)
    loss on foreign currency transactions 
     (172) 
     85 
  
    Total other (income) expenses 
     (138) 
     855 

    Loss before income taxes 
     (2,317) 
     (19)
  
    Income
    tax (expense) benefit 
     (573) 
     70 
  
    Net (loss) income 
    $(2,890) 
    $51 
  
    Less:
    Net (loss) income attributable to non-controlling interests 
     (51) 
     270 
  
    Net (loss) income attributable
    to ZRCN Inc. common stockholders 
    $(2,839) 
    $(219)

    Net (loss) income 
    $(2,890) 
    $51 
  
    Loss
    on change in foreign currency translation adjustment 
     (160) 
     (203)
  
    Comprehensive loss 
     (3,050) 
     (152)
  
    Net (loss) income attributable
    to non-controlling interests 
     (51) 
     270 
  
    Other
    comprehensive loss attributable to non-controlling interest 
     (160) 
     (203)
  
    Comprehensive loss attributable
    to ZRCN common stockholders 
    $(2,839) 
    $(219)

    Net loss per share attributable to ZRCN Inc.: 

    Basic and diluted 
    $(0.28) 
    $(0.02)

    Weighted average common shares outstanding: 

    Basic and diluted 
     10,080,734  
     9,573,088 

The
accompanying notes