ZONE earnings analysis
What we found in ZONE's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
CleanCore Solutions, Inc. reported Q3 2026 financial results showing a revenue decline of 2.55% year-over-year, totaling $543,694, accompanied by a negative EPS of -$0.14. The quarter experienced significant increases in cost of sales and operating expenses, leading to a heightened net loss that reflects ongoing financial challenges and a notable deterioration in gross margin.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Total Revenue Decline
- Revenue fell by 2.55% year-over-year to $543,694 from $557,915.
- Negative EPS
- EPS reported at -$0.14, highlighting continued financial difficulties.
- Increased Cost of Sales
- Cost of sales surged to 177.11% of revenue, up from 44.23% in Q3 2025.
- Significant Operating Loss
- Net loss escalated to $37.3 million, a 4,504.3% increase from -$809,354.
- Increased Cash on Hand
- Cash and cash equivalents stood at $17.1 million, up from $778,821.
- Higher General Expenses
- General admin expenses soared by 1,800.1% to $18.4 million, reflecting substantial operational issues.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Material Weakness in Financial Reporting
- Continued material weaknesses in internal controls may hinder accurate reporting.
- Increased Operating Losses
- Net loss increased by $36.5 million highlighting persistent financial strain.
- Uncertain Business Viability
- Management indicates substantial doubt about the ability to continue as a going concern.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $-0.14
- Gross margin
- -77.11%
- Operating margin
- -2242.3%
- Segment
- CleanCore Segment
- Segment
- Treasury Segment
What they said about what is next.
Management did not provide explicit forward guidance but acknowledged substantial financial uncertainty.
The filing reads worse than the one before it.
What came before.
- 10-Q · May 8, 2026
- The 10-Q for CleanCore Solutions, Inc. revealed ongoing financial challenges, particularly a significant net loss of $30.8 million for Q1 2026, which contrasts sharply with only a $0.8 million net loss in Q1 2025.…
- 10-Q · February 11, 2026
- CleanCore reported a strong revenue ramp to $1,068,851 for the three months ended December 31, 2025 (vs $257,269 prior-year quarter) and achieved a 68.1% gross margin (gross profit $727,400). However, the quarter…
- 10-K · August 22, 2025
- CleanCore Solutions reported FY ended June 30, 2025 revenue of $2,072,835 (sum of quarterly revenues) driven by large purchase orders from KBS; the company completed the Sanzonate asset acquisition for $2,475,000…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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