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ZAPT

Zapata Quantum, Inc.
2 filings tracked
technologycloud computingMICRO (<$300M)

Signal Magnitude Chart

BULLISH | 90% | 5/15/2026 | capital raiseBEARISH | 80% | 5/15/2026 | earnings missBEARISH | 60% | 5/15/2026 | margin compressionBEARISH | 95% | 5/15/2026 | dilution riskBULLISH | 90% | 5/15/2026 | capital raiseBEARISH | 80% | 5/15/2026 | earnings missBEARISH | 60% | 5/15/2026 | margin compressionBEARISH | 95% | 5/15/2026 | dilution riskMay 26May 26HIGHLOW
bullish
bearish
neutral

Signal Timeline

bullishMay 15

Raised $15M via Series D preferred stock to extend runway by 12 months.

capital raise
90%
bearishMay 15

Reported zero revenue for the quarter with a net loss of $1.31M.

earnings miss
80%
bearishMay 15

Operating expenses increased YoY while revenue remained stagnant at zero.

margin compression
60%
bearishMay 15

Significant overhang from warrants, stock options, and convertible preferred shares.

dilution risk
95%
bullishMay 15

Raised $15M via Series D preferred stock to extend runway by 12 months.

capital raise
90%
bearishMay 15

Reported zero revenue for the quarter with a net loss of $1.31M.

earnings miss
80%
bearishMay 15

Operating expenses increased YoY while revenue remained stagnant at zero.

margin compression
60%
bearishMay 15

Significant overhang from warrants, stock options, and convertible preferred shares.

dilution risk
95%

Filing History

10-QMay 15, 2026

The Q1 2026 filing presents a stark contrast between a stabilized balance sheet and a non-existent revenue stream. While the $15 million Series D offering provides the necessary oxygen for the company to continue operations, it does not solve the fundamental challenge of achieving product-market fit. The company is effectively betting its remaining runway on the ability to convert its intellectual property and DARPA-backed research into recurring subscription revenue. Ultimately, the impact of this filing is a shift in the risk profile from 'imminent bankruptcy' to 'execution risk.' The immediate threat of insolvency has receded, but the path to profitability remains speculative. Investors must now weigh the potential of a first-mover advantage in quantum software against the reality of extreme dilution and a history of operational volatility.