Company: ZRCN
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006748
Chunk: 16

Company: ZRCN Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Item 8
Chunk 16
---
 creditors in satisfaction of an aggregate of $0.4 million which was owed to them. As of December 31, 2024, the Company has repaid
$0.4 million to the creditors and there was no remaining balance.

    16

ZRCN
Inc.

CONDENSED
NOTES TO THE UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED DECEMBER 31, 2024 AND 2023

5.
Revenue

Disaggregation
of Revenue from Contracts with Customers

Revenue
disaggregated according to the timing of transfer of goods or services (e.g., at a point in time) for the three and nine months ended
December 31, 2024 and 2023, respectively, were as follows:

Schedule
of Revenue Disaggregated Transfer of Goods and Services 

    (In thousands) 
    2024  
    2023  
    2024  
    2023 

    For the Three Months Ended December 31,  
    For the Nine Months Ended December 31, 
  
    (In thousands) 
    2024  
    2023  
    2024  
    2023 
  
    Revenue generated per major product line 
    (Unaudited)  
    (Unaudited) 
  
    Stud sensor edge 
    $3,368  
    $4,183  
    $12,844  
    $13,873 
  
    Multifunctional scanners 
     345  
     1,236  
     2,708  
     3,489 
  
    Stud sensor center 
     2,886  
     1,474  
     4,582  
     3,921 
  
    Target control products 
     342  
     433  
     1,288  
     1,211 
  
    Other 
     295  
     213  
     987  
     874 
  
    Total Revenue 
    $7,236  
    $7,539  
    $22,409  
    $23,368 

Revenue
disaggregated according to the geographical location of customers for the three and nine months ended December 31, 2024 and 2023, respectively,
were as follows:

Schedule