secwatch.observer — SEC 8-K summary
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Issuer:     Zoned Properties, Inc. (ZDPY)
CIK:        0001279620
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001213900-24-067915
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zoned Properties Q2 2024: net loss $0.00 EPS but operating income up 59%; expands portfolio
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- Q2 total revenues $692K (-10% YoY); property investment revenues $679K (+11% YoY).
- Income from operations $103K (+59% YoY); net loss $32K vs profit $42K YoY; cash from ops $246K in 6M (+71%).
- Acquired Surprise, AZ dispensary (13.4% effective cap); annualized rental revenue now exceeds $3M.
- Secured five Ohio dispensary locations; listed Chino Valley cultivation property for sale at $16M.
- Approved $1M share repurchase program; cash $1.53M as of June 30.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1279620/000121390024067915/0001213900-24-067915-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1279620/000121390024067915/ea0211180-8k_zoned.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-067915

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