secwatch.observer — SEC 8-K summary
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Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001213900-23-066489
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoned Properties Q2 revenue up 55% to $772,617, swings to net income of $42,159
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- Revenue $772,617 (+55% YoY) for Q2 2023; net income $42,159 vs net loss $39,063 in Q2 2022.
- Operating expenses rose 39% to $707,812; cash on hand $3.28M, flat vs prior quarter.
- Properties secured under contracts in Arizona, Alabama, Mississippi, and Missouri for cannabis retail leases.
- REZONE AI-powered cannabis real estate tech platform in preparation for commercial launch.
- Management pursuing strategies to close valuation gap between tangible book value and public market price.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390023066489/0001213900-23-066489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390023066489/ea183121-8k_zonedpro.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-066489

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