---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-026040"
form_type: "8-K"
ticker: "ZDPY"
cik: "0001279620"
company_name: "Zoned Properties, Inc."
filed_at: "2024-03-26T23:59:59+00:00"
generated_at: "2026-06-04T07:38:19.466328+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Zoned Properties FY2023 revenue $2.89M (+8.5%), operating income $169K; announces two acquisitions and $16M listing

## Summary
- FY2023 revenue $2.89M (+8.5% YoY); income from operations $169K vs loss of $109K in 2022.
- Net loss narrowed to $540K from $574K; cash from ops dropped to $83K from $872K, attributed to debt service and strategic shift.
- Subsequent to year-end: announced acquisition of Chicago dispensary at 16.5% cap rate and Arizona property for $2.75M at 12.7% cap.
- Listed non-core Chino Valley cultivation property for sale at $16M to raise non-dilutive capital and focus on direct-to-consumer strategy.
- Cash on hand $3.10M as of Dec 31, 2023; management expects normalized cash flow from operations in FY2024.

## SEC filing metadata
- accession: 0001213900-24-026040
- form_type: 8-K
- ticker: ZDPY
- cik: 0001279620
- company_name: Zoned Properties, Inc.
- filed_at: 2024-03-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1279620/000121390024026040/0001213900-24-026040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1279620/000121390024026040/ea0202404-8k_zoned.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-026040
- JSON: https://secwatch.observer/filing/0001213900-24-026040.json
- Plain text: https://secwatch.observer/filing/0001213900-24-026040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.