ZeroStack says ability to continue operating remains in doubt

ZeroStack has warned its cash position may not support operations for another year. Summary ZeroStack has warned that substantial doubt exists about its ability to continue operating over the next year after reversing its earlier liquidity outlook. The company reported $2.6 million in cash while its 75.1 million 0G token treasury was valued about 91% below its acquisition cost as of June 30. ZeroStack said staking rewards and token sales remain its main funding sources, but management could not conclude those plans would remove the going concern risk. The latest filing comes months after CEO Daniel Reis Faria said regulatory uncertainty continued to keep larger institutional investors on the sidelines. According to a Form 10-Q filed with the U.S. Securities and Exchange Commission on Friday, Nasdaq-listed crypto treasury company ZeroStack said substantial doubt exists about its ability to continue as a going concern over the next 12 months, reversing the conclusion it reached in its previous quarterly filings. As of June 30, the company reported $2.6 million in cash, negative working capital of $600,000, and an accumulated deficit of $339.1 million. During the first half of 2026, i...