Zapata Computing posts $29.7M net loss in 2023; going concern flagged

Zapata Quantum, Inc.

Revenue $5.7M in 2023, up 10% from $5.2M in 2022.
Net loss widened to $29.7M from $23.4M; accumulated deficit $89.5M.
Cash dropped to $3.3M at Dec 31, 2023 from $10.1M a year earlier.
Related-party notes payable $8.9M; auditor cites substantial doubt about going concern.
Audited financials filed as exhibit; restated for reverse recapitalization with SPAC at 0.9141 exchange ratio.

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