Financial HealthZAPP had $1.6M in cash and $6.1M in debt, primarily in the form of short-term promissory notes, and $20.5M in accounts payable and accrued liabilities.
Market Expansion ChallengesAnalyst reduces forecasts for initial sales and sales growth in Thailand, indicating potential challenges in market expansion.
Stock DelistingNasdaq's delisting notification followed ZAPP's announcement that it canceled its annual shareholder meeting due to not receiving proxies that would constitute a quorum.