Zicix Corp (ZICX) Form 10-K — Oct 15, 2026
Zicix Corp filed its fiscal 2026 10-K reporting a net loss of $1,388,179 (improved from $3,294,418 in FY2025) with current assets of $507,486 against current liabilities of $3,233,629. The company disclosed that its bank accounts were suspended with zero cash as of March 31, 2026, roughly $326,700 of convertible debt is in default, and it is negotiating restructuring of approximately $947,000 in total convertible debt. The Hong Kong-based digital advertising subsidiary ASN has suspended its planned Dubai pilot launch indefinitely due to the Middle East war, and the company completed an extreme 1:10,000 reverse stock split in October 2025.
Key figures
- Net Loss
- 1388179
- Cash Position
- 0
- Current Assets
- 507486
- Shares Outstanding
- 27092279
- Net loss fy2025
- 3294418
- Earnout shares max
- 630000000
- Reverse split ratio
- 1:10,000
- Current assets fy2025
- 797204
- Authorized common shares
- 27600000000
- Current liabilities fy2025
- 1520407
- Current liabilities fy2026
- 3233629
- Pilot launch capital needed
- 3500000
- Vendor concentration fy2026
- 85% single vendor
- Customer concentration fy2026
- two customers: 41% and 59%
- Nonaffiliate market value usd
- 9923005
- Shareholder loan cosmos links
- 238286
- Overdue convertible debt default
- 326700
- Total business plan capital needed
- 10000000
- Convertible debt being restructured
- 947000
AI analysis
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