secwatch.observer — SEC 8-K summary
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Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001213900-23-039301
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoned Properties Q1 revenue down 26% to $688K; net loss widens to $310K
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- Total revenue $688K, down 26% YoY; property investment portfolio revenue $610K, up 56.5%.
- Net loss of $309.6K vs $25.7K loss in prior year; operating expenses down 25% to $696K.
- Cash on hand $3.25M, down from $4.34M; operating cash flow $3.6K.
- Acquired Michigan retail dispensary property for $4.30M, leased to NOXX Cannabis at 13.5% cap rate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390023039301/0001213900-23-039301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390023039301/ea178553-8k_zonedpro.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-039301

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