Zapata Quantum Q1 FY26 net loss widens to $1.31 million
Zapata Computing Holdings Inc.
Zapata Computing Holdings Inc. ZPTA | 0.00 |
- Zapata Quantum posted a net loss of USD 1.31 million for the three months ended March 31, 2026, widening 70%.
- Operating loss widened to USD 1.2 million as total operating expenses climbed to USD 1.2 million.
- General and administrative costs rose 16% to USD 789,000, while interest expense increased to USD 132,000.
- Liquidity remained tight with USD 642,000 of cash on hand and USD 999,000 of cash used in operations.
- In April 2026, Zapata raised USD 15 million in gross proceeds from a Series D and warrant offering, with net proceeds of USD 13.8 million earmarked for working capital and general corporate purposes.
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