secwatch.observer — SEC 8-K summary
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Issuer:     Zapata Quantum, Inc. (ZPTA)
CIK:        0001843714
Form:       8-K
Filed at:   2024-08-14T23:59:59+00:00
Accession:  0000950170-24-096659
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zapata AI Q2 revenue $2.0M (+40% YoY); operating loss $7.37M; pipeline >$30M
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- Revenue $2.00M vs $1.43M YoY; gross margin 36.0% vs 19.7%.
- Operating loss $7.37M; net loss $15.58M includes $8.23M non-cash derivative charge.
- Cash $7.16M at June 30; raised $5.3M via ELOC; entered $10M Lincoln Park equity facility.
- Qualified pipeline >$30M; expanded D-Wave partnership and added USSOCOM CRADA.
- Appointed CFO Sumit Kapur and GC Derron Blakely in Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843714/000095017024096659/0000950170-24-096659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843714/000095017024096659/ck0001843714-20240814.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-096659

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer