Executive Summary
- •The firm reported an accumulated deficit of $339.1M and negative working capital of $600,000 as of June 30.
- •Its 75.1 million 0G tokens plummeted to a fair value of $15.2M, sitting about 91% below their $163.3M recorded cost.
- •Previously known as cannabis company Flora Growth, it's now selling off nearly 4.9 million tokens just to fund basic operating expenses.
Community Sentiment
Key Developments & Data
Nasdaq-listed ZeroStack warns of survival risk following an $82.5M digital asset loss.
The firm reported an accumulated deficit of $339.1M and negative working capital of $600,000 as of June 30.
Its 75.1 million 0G tokens plummeted to a fair value of $15.2M, sitting about 91% below their $163.3M recorded cost.
Previously known as cannabis company Flora Growth, it's now selling off nearly 4.9 million tokens just to fund basic operating expenses.
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